CHR/USDT Technical analysis CRYPTOCurrent technical analysis for CHR/USDT do not recommend buying if it does not reach the buy zones due to high potential risk, and when bought at the buy zones always keep a stop loss to your liking! If you have any questions or cryptos or stocks you would like for my to analyze feel free to drop a comment and if you have any criticism towards my chart or anything you would like to add to it let me know would be greatly appreciated!
White line = buy zone and previous strong support
Red line = current support
Orange line = current resistance
Yellow line = future resistance
Cyan line = future resistance
Green line = top resistance
White line = what i think will most likely occur
Yellow line = has strong possibility of occurring but less likely
Not financial advice invest at your own risk and only put in money you are ready to loose and please DO YOUR OWN RESEARCH!!!
BINANCE:CHRUSDT
CHR
CHR/USDT TRYING TO BREAKS OUT! Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CHR/USDT TRADE setup. CHR looks promising here.
CHR is trying to break out from the descending channel in the daily time frame. If the daily candle closes above $0.55 then buy it or you can buy it now with the SL.
Entry range:- $0.53-$0.58
Target:- 100-120%
SL:- $0.498
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Also, share your views in the comment section.
Thank You!
CHRUSDT - Ready for Breakout!CHRUSDT (1D Chart) Technical analysis
CHRUSDT (1D Chart) Currently trading at $0.509
Buy level: Above $0.49
Stop loss: Below $0.330
Target 1: $0.60
Target 2: $0.70
Target 3: $0.95
Target 4: $1.45
Max Leverage 2x / Spot Market
Always keep Stop loss
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CHRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
Looking at CHR/USDT in a daily time frame, we can recognise that the price lost its previous support, transforming it into a resistance area which we identified as a red line. Yet the support area we already detected and highlighted in green is expected to act as a pullback zone, inducing a recovery for which we consider an end after a new collision whith the resistance line marked above. This scenario would lead to another fall. Furthermore we take the opposite case into account in which the price could make its way through the first as well as the second resistance line, giving us a signal for a further rise.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Keep an eye on CHR!Here's a quick look at the CHR Daily chart . As we can see, the price has broken out from its bigger downtrend and a bigger reversal could be upon us. If you didnt catch the immidiate breakout from the falling wedge , then the best entry would be when the price breaks above 0.5$ with good amount of volume . Definitely one to keep an eye on!
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The idea is: Buy when the price breaks above 0.5$ and take profits at the levels shown in the chart.
Targets:
1. 0.58$
2. 0.68$
3. 0.85$
4. 1$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
CHRChromia is an open source public blockchain conceived of by Swedish company Chromaway AB. The Chroma token (CHR) was launched in May of 2019. The technology behind the Chromia blockchain is adapted from an earlier technology called ‘Postchain’, a solution provided by Chromaway AB for enterprise clients.
Chromia vs Tether 175% Potential TargetWe now look at Chromia vs Tether (CHRUSDT).
We have the classic and ultra common falling wedge pattern as well as a break above EMA50.
We have one final resistance; the "Immediate resistance".
If this level gets conquered, we can expect an easy 150 to 175% price jump.
This is not financial advice.
The charts are always changing...
Make sure to do your own research before trading.
Have a plan...
Wishing you success, health, wealth & luck.
Namaste.
CHRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
we are in the daily time frame. The price broke the red line which was previously the support line. It showed reaction to our support zone and our Buy signal was issued. The price is now at the new resistance line and we expect it to be rejected and fall. But if it is able to break it, it will go up to the next resistances.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
CHRCHR analysis:
CHR broke the major support of the $0.47 area and now trading below it. This is not a good sign and we will see more downward movement in the coming days. The next support is $0.37-$0.38 area and the major support is $0.22-$0.24 area. Wait for new entries and use stop loss in open positions.
CHR short or long? (update)what do you think?
long?
short?
My idea is easy to understand and can be easily rejected.
So let's put this perspective aside by limiting the market with painting and a few lines.
The market does not respect our lines.
The market is going through its process, and it is we who have to deal with the market trend.
I have always told my friends and now we tell you one of the most important rules of the market (trade with trend).
After reacting and reacting to the price range, try to enter the market and follow the trend.
CHR/USDT TRADE SETUP! Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CHR/USDT Trade Setup. CHR looks good here.
Breaking out from the descending channel in 2hr time frame. Currently, it's facing some resistance here. Once we break above this resistance then CHR will easily give us 20-25% profit. So I'm accumulating this.
Entry range:- $0.54-$0.56
Target1:- $0.596
Target2:- $0.622
Target3:- $0.644
Target4:- $0.682
SL:- $0.52
You can use 2x-4x leverage in this trade.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Chromia Loading up for a big moveHere's a quick Look at CHR daily chart. As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The best entry would be, when the price breaks above the descending triangle with good amount of volume. Definitely one to keep an eye on.
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 0.97$
2. 1.2$
3. 1.5$
4. 2$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!