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CHRBTC

$CHR/BTC 4h (Binance Spot) Falling wedge near breakoutChromia has formed a bullish pattern and looks ready to break-it, but we may see a last pull-back to 100EMA first. Current Price= 0.00000871 Buy Entry= 0.00000838 - 0.00000806 Take Profit= 0.00000926 | 0.00001012 | 0.00001132 Stop Loss= 0.00000739 Risk/Reward= 1:1.25 | 1:2.29 | 1:3.73 Expected Profit= +12.65% | +23.11% | +37.71% Possible Loss= -10.10% Fib. Retracement= 0.618 | 0.893 | 1.272 Margin Leverage= 1x | 2x Estimated Gain-time= 2 weeks
Long
by TradingOn
CHRUSDT { CHROMIA } - BULLISH SETUPANALYSIS 🔎 - CHRUSDT hit an all-time high and retraced. - Price is retesting the flip horizontal support. - There's a relatively high concentration of buyers at this zone. - The retracement was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - This is a bullish signal. - Price action is printing an ascending triangle pattern at the breakout region. - This is a bullish build up pattern. BUY ENTRY ⬆️ - Breakout above the ascending triangle resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). SETUP INVALIDATION ❌ - Breakdown below the flip horizontal support.
Long
by Chibuike_Odoh