Question no 1: Choose at least 1 cryptocurrency.

Invest $ 12 or more. Show screenshots of the process. Why did you choose this cryptocurrency? What is Market Capitalization? What is its position in the crypto asset rankings? What is the objective of the project behind this coin? Who founded this coin? Show the roadmap. What is the specific purpose of cryptocurrency?

Cryptocurrency of my choice: CHILIZ (CHZ)

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Make an investment of $ 12 or more. Show screenshots of the process.

To make an investment in the CHZ, fortunately for me it has been listed on the Binance exchange platform, so we just go to "spot wallet" and search for "CHZ" and click on it. This would lead to the screen by the left hand side of the image below.

Then follow the arrow and click on Buy, this would lead to the next screen to the right in the picture above. Here you fill in the details of how much you are willing to invest, and for this task I have chosen to invest $12 so there it is.

The above picture shows proof of transaction and at the time of writing this article $12 could get me about 47 CHZ!

Why i chose CHILIZ (CHZ)

Chiliz is an alt-coin cryptocurrency that is focused on providing an alternative means of the transaction by providing blockchain-based ideas and remedies. It uses an app and a website known as the socios website and these platforms allow fans of football clubs and users interested in entertainment to purchase tokens related to their clubs known as fan tokens as a means of support. This happens solely through the chiliz blockchain platform.

• I LOVE FOOTBALL:
  The fact that this token and blockchain is giving users as a football fan the chance to buy unique tokens of the clubs they like, is a good enough reason for me as a football/soccer fanatic to do some research about this token.

• Partnership with Big sports teams:
  The chiliz platform has partnered with some of the big beasts of football like AC Milan, Manchester City FC, Barcelona FC, Juventus, and so on. these clubs have a strong fanbase, who would definitely support their team in whatever way they can, including buying tokens unique to their clubs.

• It's future is looking very promising
  The chiliz cryptocurrency is looking like a very promising platform because they still have not acquired all the big sports teams, imagine when teams like Real Madrid FC are added to their partners, and when they broaden their scope into basketball too, the price would definitely be spiked!

• Price predictions from Expert analysts say that the price looks promising in the future
  Some renowned price analysts anticipate the price of the chiliz token to get to an amazing $1 milestone by the end of this year! this is pretty understandable because the platform still has space to grow as its choice of specificity has a large fan base.

What is Market Capitalization? What is its position in the crypto asset rankings?

• MARKET CAP OF CHILIZ
  The market capitalization of a cryptocurrency specifies the sum of the prices of all the assets in circulation at that time. It shows the size of the platform in question that is if we are looking at the market cap of chiliz, we are indirectly checking the size of the platform via its total price.

One thing to note about the market cap of an altcoin is that it is never stable and it is very volatile as it also changes with the price of that coin.

The market cap is calculated as the product of the price of the coin and the volume of coins or tokens in circulation.

What is its position in the crypto asset rankings?

Chiliz is currently ranking at Number 61 on the crypto asset ratings according to coinmarketcap. I have high expectations for it's ranking by the end of the year though, and I see it moving up to top 20!

What is the objective of the project behind this coin?

The chiliz platform looks to establish a platform where fans can express their support by engaging in the purchase of tokens unique to their clubs. They are also setting up a reward system for these fans or customers. The chilliz token has made it easy to purchase these tokens which mostly weren't previously in existence before it came up. chiliz is also bringing blockchain technology into the sports and entertainment industry, and giving the fans a means to support and also get rewarded.

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Who founded this coin?

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This is the man with the brains behind the chiliz token invention. His name is Alexandre Dreyfus, and he is highly intellectual and innovative, as he has founded other sports platforms that were successful like the wibanax which is based on poker and became popular in France. He also owns the socios website that backs up the chiliz token. He's worked in the sports industry for some years, and he has connections to the big leagues.

SHOW THE ROAD MAP

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The image above shows us the start-up of the CHZ token, and that it originates from the main ethereum chain. This also implies that it is also a derivative of the ethereum blockchain. The above image also shows that the platform was first divided into 3 teams: Team X, influencer Y, and Brand Z these three components originate from the permissioned chain of the platform. so that makes it two chains that make up the CHZ blockchain. One thing to note also is that the main vault of the CHZ is also found on the main ethereum chain.

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now through the whitepaper of the CHZ project, we'll go through the road map year by year to properly show the development plans of the project.

THE YEAR 2018	THE YEAR 2019	THE YEAR 2020
$66 Million achieved or in other words, raised for the project	first season kick off and other teams from other sports joining in partnership	on-boarding goals achievement for 5 sport teams from different aspects of sports, bringing them live to socios.com
First demo smart contract put into functioning using the desired voting mechanisms	fan tokens become available for public sale, and fan voting commences	team reach expansion from various sports, and different popularities
an alliance with gamescon using CHZ to fan token transactions. PSG and juventus partner with the CHZ team.	scaling up teams across the various available departments, soft launch preparation commences.	Motive of CHZ as a transactional mechanism to different 3rd party platforms is put in focus.

The plan after setting up the necessary foundation, the CHZ and socios.com platforms aspire to expand the fan voting idea to other aspects of sports, and create a widely known voting system through out the sports industry, where the fans have a voice through their votes and buying of tokens.

What is the specific purpose of this cryptocurrency?

The specific purpose of the creation of Chiliz (CHZ) is to enable the fans get a closer feeling to the club and the sports they love. It has the same effect as sport betting where if the team looses, a typical fan feels the loss more than usual, and if the team wins, the winning feeling is amplified via reward systems that the blockchain has put in place. The prices of tokens varies with the popularity and size of the club in question, this also makes the support system feel more real.

2- Explain in your words what the "Evening Star" pattern consists of. What is your hit percentage?

The Evening Star

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The evening star is a pattern that appears on the chart when there is a chance of trend reversal from a bullish trend to a bearish trend. It consists of a combination of three candles:

• The first candle: The first candle is a usually long bullish candle, it signifies the former trend that was dominated by the buyers.

• The second candle: The second candle is a doji candle or a candle that looks like a perfect doji candle. a doji candle looks like a "+" on the chart, and it signifies indecision in the market.

• The third candle: The third candle is a bearish candle that must be at least 50% the length of the first candle for the pattern to be complete. It signifies the sellers taking over the market.

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The evening star candlestick pattern is estimated to have a success efficiency of 72%

3. Explain in your own words what the pattern "Abandoned Baby" consists of. What is the percentage correct?

The Abandoned baby candlestick pattern is a pattern that appears on the chart when there is a chance of trend reversal from a bearish trend to a bullish trend. It consists of a combination of three candles:

• The first candle: The first candle is a usually long bearish candle, it signifies the former trend that was dominated by the sellers.

• The second candle: The second candle is a doji candle or a candle that looks like a perfect doji candle. a doji candle looks like a "+" on the chart, and it signifies indecision in the market.

• The third candle: The third candle is a bullish candle that must be at least 50% the length of the first candle for the pattern to be complete. It signifies the buyers taking over the market.

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The Abandoned baby candlestick pattern is estimated to have a success efficiency of 70% What I have explained above is the bullish abandoned baby, which resembles the morning star. There is also the bearish abandoned baby that is a carbon copy of the evening star, meaning that it has exactly the same components as the evening star.

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4.Perform analysis for 3 and 7 recent calendar days for Bitcoin Do you identify any patterns? Show screenshots

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The 3 day analysis for bitcoin. pair used: BTC/USDT

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using a 1 hour time frame, I have analysed to the best of my knowledge the past three days of BTC and I have come up with a hypothesis of the direction of price in the next few days.

From the 27th, there was a bearish trend reversal, that took the price of BTC from a price of $36,526 to a price of $40,803 the next day. This price has formerly proven to be a resistance level, so when the price hit there, it bounced off and then forme a bullish engulfing pattern shortly after. this signifies that the buyers may have taken over control, but from the chart, this does not show immediately as price just goes in a confusing linear zig-zag motion before just recently hitting the resistance line drawn above.

• My prediction:
  The price of BTC has two directions from here, but I have personally chosen the bullish because I do not think the uptrend that started this week is finished, I predict that the price of BTC will hit The $40,000 price once again.

The 7 day analysis for bitcoin. pair used: BTC/USDT

using a 1 hour time frame, I have analysed to the best of my knowledge the past seven days of BTC and I have come up with a hypothesis of the direction of price in the next few days.

While analyzing the chart within a 7 day period, I noticed an uptrend that was not linear. It looked like an inverted ascending wedge, which means that a head and shoulder pattern may be forming in some days to come. Also, I noticed that price had just hit the trend line, which shows that there might be a weak trend reversal, which may stop at the resistance level before reducing again.

• My Prediction:
  Price in the next 2-3 days will get to $40'00 before heading downwards for a downtrend. this is because I have foreseen a head and shoulder pattern that is about to form the last shoulder, which will cause a downtrend.

CONCLUSION

All screenshots of charts were gotten from trading view

Huge thanks to professor @imagen for the very informative lecture, and for the opportunity to do this research. i have learned all about a new token, the CHZ and I think that $12 is not going anywhere else anytime soon. i have also analyzed to the best of my capability, the price action of btc and I hope to see it manifest in true time. Thank you and God bless!