CHR on a bullish tearOver the past week Chromia has gone up 80%, but I believe there might be more in this ons. At this stage of the market cycle we shouldn't be suprised to see 2x or more moves.
Bullish:
- Touching on the -0.618 FIB (daily level)
- Strong bullish divergence on the MACD
- Descending wedge
- On a support level
Bearish:
- EMA's moving closer together
- Price has used the 50 EMA beautifully as support over the past weeks (red arrows) but has now broken below it. Will this mean that it'll also serve as strong resistance?
Setting my stop loss just below the most recent swing low and the 200 EMA.
How do you feel about this setup?
CHR
CHR could continueChromia came to our -1.618 FIB level to give us our profit targets. If you're looking for a play here, this might be the setup for you.
- Retracement to the -1.618 level we had already alligns with the .382 FIB level we can draw from the recent run
- Bullish divergence already on the RSI (could increase)
- Stop loss set below most recent swing low, support zone and golden pocket.
Safe trading y'all
CHR 300%+ GAINS AHEAD!Head and shoulders pattern formed on Daily, (more like cup and handle on weekly), and broke the daily and 2 day zone with a very strong bull candle. Price is a little choppy right now for shorter term entry, so best play is to just put a position in and hold bc the gains on this are going to be ridiculous. Over 100% away from first fib level! and over 300% away from the 3.618, which based on past price is most likely where we will see it go to before a longer term retest.
**This thing is an ABSOLUTE GEM**
DYOR
$CHR/BTC 3D (Binance Spot) Falling wedge near breakoutChromia is holding above 100EMA support and looks ready for another bull-run!
More information about that NFT patform, also a DeFi / BSC token on chromia.com
Current Price= 0.00000592
Buy Entry= 0.00000590 - 0.00000536
Take Profit= 0.00000785 | 0.00000946 | 0.00001129
Stop Loss= 0.00000452
Risk/Reward= 1:2 | 1:3.45 | 1:5.1
Expected Profit= +39.43% | +68.03% | +100.53%
Possible Loss= -19.72%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 5 months
CHR - NFT Boom Activate 🚀300%+🚀CHR is a fantastic NFT ecosystem that has had some dealing with the united states airforce in the past - makes you wonder why it hasn't taken flight yet.
Well it looks like we're about to leg up hard - breakout has already happened, retrace has already happened, and gratuitous spending is about to happen when it comes to the BPT subscriber base.
CHR/USDT TRADE SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
CHR looks good here and hovering near the bottom of the trendline. It is currently trading inside a triangle. When it breaks the triangle it can pump well.
Entry range:- $0.3485-$0.3585
Target1:- $0.3710
Target2:- $0.3882
Target3:- $0.4120
Target4:- $0.4344
SL:- $0.3288
Leverage:- 3x-5x
If you like this idea then do appreciate it with like and follow.
Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
CHR reverse head and shoulders#CHRUSDT
$CHR broke out the upper line of falling wedge and touched the first resistance zone as I expected, current support is around $0.35 that may touch another time then go upward to reach $0.5. in weekly time frame I can see a inverted head and shoulders pattern that $0.5 is its neck line, a break above this resistance can lead price toward $0.79 that is the target of head and shoulders.