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Home Cryptocurrency

18-AUG-2022

Wayne Russo by Wayne Russo
August 18, 2022
in Cryptocurrency
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Chiliz is the most popular crypto asset for entertainment and sports. It has the eponymous of a FinTech company based in Malta. Chiliz has formed partnerships with many international sports institutions. To name just a few, there are FC Barcelona, Manchester City and Juventus Turin. Fans can trade CHZ to get a stake in their club. You can also buy and sell these coins through ZebPay.

CHZ traded at $0.2161 as of the writing.

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CHZ Technical Analysis Report | 18th-AUG-2022

Chiliz (CHZ) Chart

After hitting a low of $0.081, CHZ began consolidating in a range between $0.09 and $0.12. After making the low of $0.081, CHZ began consolidating in a range between $0.09 and $0.12. Within three weeks, it soared by almost 80% to $0.2299. CHZ is rising by creating a pattern of ‘Higher Top Higher Bottom’ on a daily basis. The key level of $0.235 (Horizontal Trendline) can be a strong resistance. We can expect profit booking or consolidation at these levels. $0.12 and $0.16 could provide strong support.

Support 2Support 1AssetResistance 1Resistance 20.120.16CHZ0.2350.26

Disclaimer: Crypto assets such as Bitcoin, Ethereum Cash, and other crypto assets can be risky. Bitcoin, Bitcoin Cash, Ethereum, etc. These are highly speculative investments and can be subject to market risk. The Author’s analysis is intended to be informative only and should not serve as investment advice.

18th-AUG-2022 ZebPay.

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