CHR
🆓Chromia/USDT Analysis (6/4) #CHR $CHRThe buying force appears at 0.35$ and it is forming the Higher Lows pattern. If it can hold 0.35$ zone, it will move up to 0.45$, 0.6$ or even 0.95$ zone in this April
📅EVENTS
👉Jun 30 : Exchange Staking
📈BUY
-Buy: 0.34-0.36$. SL B
-Buy: 0.44-0.46$. SL B
📉SELL
-Sell: 0.44-0.46$. SL A
-Sell: 0.60-0.63$. SL A
-Sell: 0.93-0.97$. SL A
♻️BACK-UP
-Sell: 0.34-0.36$ if B. SL A
-Buy: 0.2-0.22$. SL B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
🔥 CHR Potential Break Out SoonOver the last month, CHR has formed a nice triangle for us to trade. This triangle came about after the stunning growth that CHR saw in February and early March. After such gains in a short period, it's logical that the price needs to cool down a bit before resuming it's way up.
Seeing that the current state of the crypto market is exceptionally bullish, I'd see CHR break out of the triangle soon, potentially forming a new ATH in the near future.
Happy trading!
🆓Chromia/USDT Analysis (19/3) #CHR $CHRCHR is moving sideways around 0.4$ and we can expect it will have a chance to move up to 0.5$, 0.65$ or even 1$ in the next few days
📅EVENTS
👉Mar 31 : Chromia Originals Beta
👉Jun 30 : Exchange Staking
📈BUY
-Buy: 0.39-0.41$ if A. SL if B
-Buy: 0.49-0.51$ if A. SL if B
-Buy: 0.65-0.68$ if A. SL if B
📉SELL
-Sell: 0.49-0.51$. SL if A
-Sell: 0.65-0.68$. SL if A
-Sell: 0.95-1$. SL if A
♻️BACK-UP
-Buy: 0.29-0.31$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
🔥 CHR Triangle Break-OutCHR has seen an amazing run up in the last two months. Since hitting a new ATH the 13rd, the price fell after a much-needed corrction.
After a more than 50% dump over the last week, it appears that the price has found a strong support in the bottom trend line of the triangle drawn on the chart. This trade is based on the idea that the price will soon break-out on top and continue its way up from there, making up for lost ground.
🟡 ENTRY: 0.42
🔴 STOP-LOSS: 0.38
🟢 TARGET 1: 0.47
🟢 TARGET 2: 0.55
Happy trading!