Chiliz (#CHZ ) on 10.10.2024, we will consider the following aspects:

🟢 Price forecast (short-term and medium-term)

The daily chart shows that the price has broken through the upper border of the Ichimoku cloud and is now continuing its upward movement. Fibonacci levels point to the nearest resistance at 0.0782 (level 0.27), and further targets are at 0.0868 (0.62) and 0.0961 (1). Volumes support the current movement, which also indicates a possible continuation of growth in the short term.

In the medium-term forecast, the level of 0.0868 is likely to be reached, but for this, the price must stay above 0.0716, which will serve as an important support level.

🟢 Long and 🛑 short scenarios with probability assessment

Long scenario: 70% (taking into account positive technical signals and volume levels).

Short scenario: 30% (if there is a breakout below 0.0654).

⚠️ General conclusion

The current dynamics show a confident upward movement. Given the breakout of the Ichimoku cloud and active volumes, the chances of continued growth are high.