Get started

CHR

CHR - Nice entry timingBYBIT:CHRUSDT 1H trend chart - CHR already met Vegas tunnel for entry. Additionally, it got support at Fib 0.382 and uptrend line. Therefore, we can buy it with trading strategy as below. - Profit Targets: a) 0.9708----Fib(1) b)1.0395~1.0673--------Fib(1.272~1.382) c) 1.0971----Fib(1.5) Stop losses: a) 0.8127-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
CHRBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. This is the signal which all of its targets were hit. We have an S1 line which the price has hit two times and was supported. The price was able to break the R1 line where our buy signal was issued and has given us around %28 profit. The price can move up from right here or it can have a pullback to S1 and then we can buy. If S1 is broken then there is more falling. 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
by MarsSignals
2
Could this pattern repeat on Chromia?Chromia has been doing pretty well after recovering from the december lows. Holding well in this dip and already gaining upwards momentum. I couldnt help but realise this pattern re occur (one in green rectangle). if you look closer it is very similar and if it plays out could signify a local top at the 618 level of the current fib retracement from the dip. Furthermore the red line you see all the way down is a trend line that exists from previous ATH to subsequent tops and once that broke CHR flew like there is no tomorrow. The recent crash wick retested this line so it is possibly a nice confirmation of upward move.
Long
by Suneater69
CHR - Buying timing and good R/R ratioBINANCE:CHRUSDT 4H trend chart - CHR has gotten rid of the downtrend line. Also, it has met the entry condition of Vegas tunnel strategy(blue arrow) We can buy it with great reward/risk ratio and trading strategy as below. - Profit Targets: a) 0.8929----Fib(1) b) 0.9923~1.0324--------Fib(1.272~1.382) c) 1.0756----Fib(1.5) d) 1.2582----Fib(2) Stop losses: a) 0.6868-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
Binance: CHR Buy / long 1DBinance: CHR Buy / long 1D Entry: 0.5-0.6 SL: 1D close below 0.48 TP1: 0.9-1 TP2: 1.4-1.5 Chromia is a blockchain platform that aims to solve the scalability problem for decentralized applications (dApps). The platform consists of a network of nodes forming a blockchain, each node using its own relational database. The Chroma token (CHR) is used as block rewards and to pay for transaction fees. It raised 11.70MM USD in private and public token sales conducted from August 2018 to May 2019.
Long
by Tran_Tri_Tai
CHR UpdateHere's a quick Look at CHR 6 hr chart. As we can see, the price has printed a bigger falling wedge and we could see a break to the upside soon! Keep an eye on this falling wedge! The best entry would be, when the price breaks above 0.72$ with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above 0.72$ and take profits at the levels shown in the chart. Targets: 1. 0.84$ 2. 1.03$ 3. 1.18$ 4. 1.38$ ------------------------------------------- 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." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
5
Keep an eye on CHR - We could see a break to the upside soon!Here's a quick Look at CHR 6 hr chart. As we can see, the price has printed a bigger falling wedge and we could see a break to the upside soon! Keep an eye on this falling wedge! The best entry would be, when the price breaks above 0.72$ with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above 0.72$ and take profits at the levels shown in the chart. Targets: 1. 0.84$ 2. 1.03$ 3. 1.18$ 4. 1.38$ ------------------------------------------- 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." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto