{"id":19225,"date":"2022-09-08T11:27:42","date_gmt":"2022-09-08T11:27:42","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=19225"},"modified":"2022-09-08T11:27:43","modified_gmt":"2022-09-08T11:27:43","slug":"chz-technical-analysis-report-08th-sept-2022","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/chz-technical-analysis-report-08th-sept-2022","title":{"rendered":"CHZ Technical Analysis Report | 8th-SEPT-2022"},"content":{"rendered":"\n

Chiliz (CHZ) returns over the last 90 days exceeds 80%, the highest among max-cap crypto assets. Additionally, CHZ is down 26% year-to-date compared to BTC and ETH, which are down by 57% and 60%, respectively. Originally, the CHZ price rally started amid a rally seen across the market. But that uptick gained momentum through a series of upsides, including a partnership with crypto exchange Huobi Global and a nearly 25 per cent acquisition of FC Barcelona’s Barca Studios as well as the back-to-back network updates as it attempts to get off from ETH network and launch its own chain CHZ 2.0. The asset is up by 3% in price while the volume is down by around 40%.<\/p>\n\n\n\n

At the time of writing, CHZ<\/a> was trading at $0.1942.<\/p>\n\n\n\n

\"Chiliz
Chiliz (CHZ) Chart<\/figcaption><\/figure>\n\n\n\n

CHZ after making the low of $0.081 started consolidating in a range from $0.09 to $0.12.<\/p>\n\n\n\n

The asset finally gave a breakout above the range and surged almost by 122% up to $ 0.265<\/p>\n\n\n\n

within a month. On a daily time frame, CHZ has made a \u2018Tweezer Top\u2019 candle pattern just below the key level of $0.2779 (78.6% Fibonacci Retracement Level) and witnessed a profit booking and dropped to $0.1821. CHZ has a very strong support zone from $0.175 to $0.165 (200 Day Moving Average & Horizontal Trendline). If it holds and sustains the support then we can expect the bulls to resume the up-move.<\/p>\n\n\n\n

Support 2<\/strong><\/td>Support 1<\/strong><\/td>Asset<\/strong><\/td>Resistance 1<\/strong><\/td>Resistance 2<\/strong><\/td><\/tr>
0.12<\/td>0.17<\/td>CHZ<\/strong><\/td>0.225<\/td>0.275<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Disclaimer :<\/em><\/strong> This report is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any investor. All investors should consider such factors in consultation with a professional advisor of their choosing when deciding if an investment is appropriate. The Company has prepared this report based on information available to it, including information derived from public sources that have not been independently verified. No representation or warranty, express or implied, is provided in relation to the fairness, accuracy, correctness, completeness or reliability of the information, opinions or conclusions expressed herein. This report is preliminary and subject to change; the Company undertakes no obligation to update or revise the reports to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Trading & Investments in Cryptos viz. Bitcoin, Bitcoin Cash, Ethereum, etc. are very speculative and are subject to market risks. The analysis by Author is for informational purposes only and should not be treated as investment advice.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Chiliz (CHZ) returns over the last 90 days exceeds 80%, the highest among max-cap crypto assets. Additionally, CHZ is down 26% year-to-date compared to BTC and ETH, which are down by 57% and 60%, respectively. Originally, the CHZ price rally started amid a rally seen across the market. But that uptick gained momentum through a […]<\/p>\n","protected":false},"author":1,"featured_media":19229,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/19225"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=19225"}],"version-history":[{"count":0,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/19225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/19229"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=19225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=19225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=19225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}