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CHR

CHRUSDT { CHROMIA } - BULLISH SETUPANALYSIS 🔎 - CHRUSDT hit an all-time high and retraced. - Price is retesting the flip horizontal support. - There's a relatively high concentration of buyers at this zone. - The retracement was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - This is a bullish signal. - Price action is printing an ascending triangle pattern at the breakout region. - This is a bullish build up pattern. BUY ENTRY ⬆️ - Breakout above the ascending triangle resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). SETUP INVALIDATION ❌ - Breakdown below the flip horizontal support.
Long
by Chibuike_Odoh
🆓Chromia (CHR) June-18 #CHR $CHRCHR is still accumulating buying in the past 1 month and as long as CHR conquers the $0.2 zone during this period, it will be easy to see a strong recovery to the $0.24 and $0.32 zone in the next few days. But if CHR loses the $0.18 zone, it will have a strong correction to the $0.14 zone 📈BUY 🔴Buy : 0.176-0.184$. SL if B 🔴Buy : 0.195-0.205$ if A. SL if B 📉SELL 🔴Sell : 0.195-0.205$. SL if A 🔴Sell : 0.235-0.245$. SL if A 🔴Sell : 0.315-0.325$. SL if A ♻️BACK-UP 🔵Sell : 0.176-0.184$ if B. SL if A 🔵Buy : 0.137-0.143$ if A. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
CHR EXUDES CONFIDENCEClearly, we can witness an inverse H&SH pattern, which is a bullish sign. MACD is on the verge of a positive cross, and the MACD in the 12H timeframe confirms that. Stoch RSI, also, showcases a positive cross. RSI seems poised to climb higher. MA100 & EMA50 are solid walls of support. If conquered robustly, MA50 could boost the momentum. Volume is decent. Support zones are designated in green, and resistance areas are in red. Plus, fundamentally speaking, Coinbase Custody has recently added this coin to its list. My targets are: 0.60/0.68/0.80/0.89
Long
by Djawad_Afsharirad