Chiliz (CHZBTC) almost hit the .786 Fib. retracement support and started to bounce... Let's take a quick look at the signals:
There you have it... You can find the important support and resistance levels marked on the chart.
My view
I believe Chiliz can produce some good growth here... There is still the possibility of another low before fully resuming the uptrend, but a bullish move is still due now.
Thanks a lot for reading.
Namaste.
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Previous analysis |
- Prices for CHZBTC bounced just above .786 Fib. For bullish cycles, .618 Fib. can be enough to complete a retrace so reaching lower and bouncing with strength can be a bullish signal.
- Volume is showing up.
- Break above EMA10.
- EMA100 being challenged.
- Bullish RSI.
- Bullish divergence on the MACD + bullish cross.
- Downtrend line broken.
There you have it... You can find the important support and resistance levels marked on the chart.
My view
I believe Chiliz can produce some good growth here... There is still the possibility of another low before fully resuming the uptrend, but a bullish move is still due now.
Thanks a lot for reading.
Namaste.
---
Previous analysis |

Nota
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🚨 TOP FREE Trades
»ETH +1450%
»AAVE +1134%
»XRP +749%
»DOGS +868%
»BTC +563% 👇
t.me/anandatrades/1350
🚨 FREE Quality Content + 🏆New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME
lamatrades.com (Since 2017)
»ETH +1450%
»AAVE +1134%
»XRP +749%
»DOGS +868%
»BTC +563% 👇
t.me/anandatrades/1350
🚨 FREE Quality Content + 🏆New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME
lamatrades.com (Since 2017)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.