CHRUSDT(Chromia) Daily tf Range Updated till 05-07-24CHRUSDT(Chromia) Daily timeframe range. market is on dumping mode so nothing out of ordinary here. breaking 0.2097 clean can lead it to 0.1545. of course that needs a valid daily close. a buyback or retrace more possible in lower mid level after market stables.
CHR
CHR buy/long setupAfter the heavy drop, it has now broken the trigger line and created a bullish iCH.
There is a support area close below the price, on which we will look for buy/long positions if the price reaches this range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will cause analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
CHR/USDT SHOULD BOUNCE FROM HERE! ACCUMULATE NOW!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
CHR is sitting in the right position here. As you see in the chart, it is holding a good support here which is previously acting as a resistance. There is also a 200MA support here. Expecting a good bounce from here. Buy some now and add more in the dip.
Entry range:- $0.192-$0.212
Targets:- $0.34/$0.48/$0.58
What are your thoughts on CHR's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Bullish rise?GBP/CHF has reacted off the pivot which acts as an overlap support and could potentially rise to the 1st resistance.
Pivot: 1.13127
1st support: 1.12690
1st Resistance: 1.13944
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
CHR/USDT falling wedge bullish horizon? 👀🚀CHR analysis 💎Paradisers, observe as #CHRUSDT recently broke out from a falling wedge, indicating a strong potential for a bullish move, with the 100-day moving average currently posing as resistance.
💎 Following the breakout from the falling wedge, the price is now in a demand zone. If it maintains momentum here, there's a high probability it could break through the significant resistance above.
💎 However, given the market's volatility, if NASDAQ:CHR fails to keep up its momentum and drops below the demand level at $0.3018, this could suggest a weakening of the bullish position, potentially leading to a significant decline. In such a scenario, we might see a bullish rebound from a lower, strong support level $0.2503, but breaking below this could result in substantial downward movement.
MyCryptoParadise
iFeel the success🌴
CHRUSDT.1DThe daily chart for Chromia (CHR/USDT) shows that the asset has been trading within an ascending channel, indicating a bullish trend. However, the recent price action has dipped towards the lower boundary of the channel, currently at $0.3283, which could be a crucial support level (S1) at $0.2409.
The resistance level (R1) has been established at around the previous high of $0.5029. The RSI is slightly bearish at 41.81, and the MACD is below the signal line, both indicating that there might be more bearish momentum in the short term.
Traders might look for buying opportunities near the lower boundary of the ascending channel with a stop loss below S1, aiming for R1 as a short-term target. If the price breaks below the channel, it could signal a potential reversal of the bullish trend. It would be wise to wait for a clear signal such as a breakout or a bounce from key levels with confirming volume before making a trade decision.
#CHR/USDT#CHR
The price is moving in a triangle on the 12-hour frame and we have a support area in green at the 0.350 level
We have a higher stability moving average of 100
We have a good bounce being prepared from the lower border of the triangle once the downtrend breaks to the upside
The RSI indicator has a downtrend that is about to break higher
Entry price is 0.3800
The first target is 0.4121
The second target is 0.4550
The third target is 0.5100
CHRUSDT - Trend + Resistance Breakout!CHRUSDT (1D Chart) Technical analysis
CHRUSDT (1D Chart) Currently trading at $0.123
Buy level: Above $0.121
Stop loss: Below $0.097
TP1: $0.136
TP2: $0.165
TP3: $0.195
TP4: $0.3
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
CHR/USDT Bullish pennant formation, Indicating Bullish momentum!💎 CHR has recently encountered notable market dynamics, with the current price bouncing within a support area and forming a bullish pennant pattern.
💎 This pattern typically suggests a continuation of the bullish trend. If CHR successfully breaks out of the pattern, it may experience significant upward movement, potentially reaching our target area.
💎 However, if CHR faces rejection and fails to break out, it may revisit the support area for multiple tests.
💎 This support area holds significant importance, as a failure to sustain it could lead to a breakdown and signal further downward movement for CHR.
CHR ANALYSIS (4H)In the current situation, you can look for a buy/long position only in the demand range, and only the buy/long position in this range is low risk.
There is a liquidity pool at the bottom expected to be swept away soon
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CHR/USDT Facing a critical resistance area. Breakout or rejected💎 CHR has recently undergone significant developments in the market. Currently, CHR is facing a critical resistance area. A week ago, CHR attempted to break through this resistance but faced a strong rejection, causing the price to retest the support area.
💎 Now, CHR is making another attempt to break through this key resistance level, and if successful, it could trigger a bullish momentum, leading to a significant upward movement with the probability to reach the bearish order block (OB) area.
💎 However, if CHR once again fails to break through and shows signs of bearish rejection, similar to the previous attempt, there is potential for the price to return to the support area to establish new momentum.
💎 The support area is of utmost importance and would require a bounce to maintain its bullish stance. If CHR fails to sustain above the support and breaks below it, this could indicate a shift back to a downward movement, with the potential to revisit the demand area or even move further downward.
CHR/USDT Facing on the Key area. Break out the area or rejected?💎 CHR has recently demonstrated notable market dynamics, currently facing resistance in the supply and Bearish Order Block (OB) area.
💎 A breakout from this area is needed for continued upward movement, probability leading to significant gains and reaching our target area.
💎 However, if CHR fails to break out above the supply area, it may face rejection and retreat towards the support zone around 0.298, where new momentum could be generated.
💎 It's crucial for CHR to bounce off the support area to resume its upward trajectory and attempt to break above the supply zone. Conversely, if CHR breaks down below the support level, it could signal a reversal in the trend, leading to further downward movement towards the demand area or possibly even lower.
CHR/USDT - Chromia: BBand Breakout◳◱ On the $CHR/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.2813 | 0.2972 | 0.3349 and support near 0.2436 | 0.2218 | 0.1841. Entering trades at 0.3636 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Chromia
▣ Rank: 197
▣ 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: 0.3636 ₮
▣ 24HVol: 12,843,426.679 ₮
▣ 24H Chng: 12.465%
▣ 7-Days Chng: 36.36%
▣ 1-Month Chng: 28.82%
▣ 3-Months Chng: 183.90%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.2813 | 0.2972 | 0.3349
◢ Support: 0.2436 | 0.2218 | 0.1841
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.36
▣ Last 90D: 3.89
▣ Last 1-Y: 0.92
▣ Last 3-Y: 1.04
◲◰ Volatility :
▣ Last 30D: 1.07
▣ Last 90D: 1.11
▣ Last 1-Y: 0.87
▣ Last 3-Y: 1.53
◳◰ 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
▣ 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 -
CHRUSDT(Chromia) Daily tf Range Updated till 07-02-24CHRUSDT(Chromia) Daily timeframe range. there are several price action acting same a small consolidation than a push back. now we dont have that much volume in mcap itself. if it get some retails look here it can cross 0.3383. if not than back to 0.2305.
CHR ANALYSISA range has been formed and the price is approaching the upper range of this range.
Usually, when we have a range, the price tries to move from the bottom to the ceiling, and then from the ceiling to the bottom.
Considering the fresh and unused supply that we have, we are expected to have a reject POI range.
I specified the targets on the chart. I also specified the invalidation level. Closing a 4-hour candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CHR/USDT bullish horizon from demand? 🚀CHR Today Analysis💎 Paradisers, it's time to focus on #CHRUSDT, which is currently exhibiting an intriguing shift. The recent conversion of supply into demand zones hints at a strong possibility of an upward move.
💎 #Chromia has recently breached the supply level of $0.1763. If it can maintain its momentum above this newly formed demand level, there’s a high likelihood of a bullish surge targeting the upper supply zone at $0.2179.
💎 However, as we all know, the crypto market is full of surprises and demands flexibility in strategy. Should #CHR face challenges in leveraging its position at the demand level of $0.175, it might be time to reassess our approach.
💎 In such a scenario, we should be prepared for a potential bullish rebound from a lower support level, possibly around $0.1468. A word of caution: breaking below this level could be a signal of a shift towards a bearish trend in the market. 🌴💰
CHR SHORT WAIT FOR ENTRY LEVEL hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
CHR/USDT Challenges in breaking through the key level area💎 CHR has been a center of focus in the market but has faced challenges in breaking through the supply area. Historically, every time CHR has approached this resistance, it has been met with significant rejections. A successful breach of this resistance, probability could signal a considerable upward movement, moving towards our set target.
💎 However, if CHR remains in consolidation at the supply area without breaking out, there's a risk of facing another rejection, potentially leading back to the support level. If CHR loses this support, a move towards the demand area could be the next course.
💎 In the demand zone, it's crucial for CHR to exhibit a strong recovery and attempt to reclaim the support while aiming to break through the resistance. If CHR fails to respond positively in this area, there's a possibility it might also break down from the demand zone. This could result in a shift back to a bearish trend, with CHR possibly descending towards a stronger support area.
CHR/USDT Potential for a Bull Rally? 👀🚀 CHR Analysis💎 Paradisers, take a closer look at #CHRUSDT as it currently presents a notable setup. Located at a pivotal support level, CHR is indicating the possibility of a bullish trend.
💎 Analyzing #Chromia's recent trajectory, it has skillfully maneuvered through a descending channel, breaking into a positive trend. Presently, CHR is reassessing its support zone around $0.123. A sustained hold above this level would increase the probability of an upward movement, with a target to test the significant supply zone at $0.24.
💎 However, if #CHR encounters difficulty in maintaining its ground above this support level, a strategic shift may be required. This could entail aiming for a bullish recovery from a lower support level at $0.085, signifying a potential change in trading approach.
💎 If #CHR falls below the $0.085 support, it could indicate a change towards bearish market sentiment, possibly leading to a more pronounced downward movement.
💎 Stay vigilant and flexible, Paradisers. Your ParadiseTeam is committed to navigating you through these market shifts, ensuring you have the insights and strategies needed for effective and informed trading decisions.