Chiliz (CHZ) formed a huge bullish BAT for upto 550% big rally
Hi dear patrons, hope you are well and welcome to the new update on Chiliz (CHZ).
Previously we had a nice trade of CHZ token.
Now this time on the weekly time frame chart, the price line of CHZ has completed the final leg of bullish BAT. There is also 50 simple moving average support in the buying zone.
Buy and sell targets:
Buy between: $0.2111 to $0.1177
Sell between: $0.4337 to $0.7678
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 550%, and the loss possibility is 44% therefore in order to minimize the loss we should use the weekly 50 SMA as stop loss.
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
Previously we had a nice trade of CHZ token.
Now this time on the weekly time frame chart, the price line of CHZ has completed the final leg of bullish BAT. There is also 50 simple moving average support in the buying zone.
Buy and sell targets:
Buy between: $0.2111 to $0.1177
Sell between: $0.4337 to $0.7678
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 550%, and the loss possibility is 44% therefore in order to minimize the loss we should use the weekly 50 SMA as stop loss.
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
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