Hi dear friends, hope you are well and welcome to the new update on Chiliz ( CHZ ).
Strong support zone and EMA:
On weekly time frame, priceline of Chiliz is accumulating above the strong support zone of $0.24 to $0.195 and below the EMA 21 weekly.
Bullish BAT:
On a weekly chart, CHZ has formed the final leg of bullish BAT .
To trade this pattern the targets can be as below:
Buy and sell targets:
Buy between: $0.2879 to $0.2405
Sell between: $0.4286 to $0.5773
Stop loss:
Below: $0.2405
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 140%, and a loss possibility is 16.5%
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
▶️ 3Speak
