CHR/USDT - Chromia: Double_Bottom

Updated
◳◱ We've a Double Bottom pattern on the CHR / USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the neckline at the current price. The next resistance key levels are at 0.0977 | 0.1025 | 0.1138 and the major support zones are respectively at 0.0864 | 0.0799 | 0.0686.

◰◲ General info:
▣ Name: Chromia
▣ Rank: 334
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Hitbtc
▣ Category/Sector: Infrastructure - Application Development
▣ Overview: Chromia (previously Chromapolis) is a Layer-1 blockchain that is also an Ethereum Virtual Machine (EVM) compatible Layer-2 solution for Ethereum and the Binance Smart Chain. Chromia is designed to achieve three goals: allow dApps to scale to millions of users, improve the user experience of dApps to match those of centralized applications, and create familiar paradigms that allow developers to build secure applications.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.094 ₮
▣ 24HVol: 957,337.045 ₮
▣ 24H Chng: 2.285%
▣ 7-Days Chng: 1.91%
▣ 1-Month Chng: -1.45%
▣ 3-Months Chng: -12.15%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.0977 | 0.1025 | 0.1138
◢ Support: 0.0864 | 0.0799 | 0.0686

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: BUY

◲◰ Sharpe Ratios:
▣ Last 30D: -1.08
▣ Last 90D: -1.17
▣ Last 1-Y: -0.34
▣ Last 3-Y: 0.86
◲◰ Volatility:
▣ Last 30D: 0.51
▣ Last 90D: 0.72
▣ Last 1-Y: 0.82
▣ Last 3-Y: 1.56

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.42 - Bearish

▣ In-depth CHRUSDT technical analysis on Tradingview TA page

snapshot

▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!

◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.

Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Trade active
Binance, Huobi.pro
#CHR/USDT Take-Profit target 1 🔠
Profit: 3.0087% 📈
Period: 11 Hours 19 Minutes ⏰

#CHR/USDT Take-Profit target 2 ✅
Profit: 5.0094% 📈
Period: 11 Hours 54 Minutes ⏰

#CHR/USDT Take-Profit target 3 ✅
Profit: 6.3191% 📈
Period: 15 Hours 37 Minutes ⏰
Trade closed: target reached
Binance, Huobi.pro
#CHR/USDT All take-profit targets achieved 😎
Profit: 8.5957% 📈
Period: 2 Days 4 Hours 24 Minutes ⏰
Chart PatternsCHRCHRUSDTchrusdtlongcryptocurrenciescryptotradingTechnical Indicatorstechnical_analysistradingsignalsTrend Analysis

Also on:

Disclaimer