Chiliz / TetherUS
Long

Chiliz (CHZ) formed a huge bullish BAT for upto 550% big rally

164
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.
Chiliz (CHZ) formed a bullish Cypher for upto 14% move


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.
snapshot

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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