Is CHR gearing up for an ATH update?We see a triangle with an attempt to break it and further exit behind the ATH update! Given that one of the investors is a subsidiary of XRP, this project could be part of the future of XRP as it is itself implied as a modular blockchain. We're also entrenched above 50 EMA, a 1B+ capitalization and a $1.2 price is just around the corner.
Horban Brothers.
Chromiausdt
#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
CHR/USDT Bullish Movement Indicates ?? Chromia Analysis TodayHello Paradisers, keep an eye out for this coin!
💎CHR has break its Descending Channel pattern and is currently a retest on its resistance trendline.
💎 Chromia has showcased a trend reversal by establishing a higher high on the 4h chart, hinting at a potential bullish trajectory.
💎For those looking for an entry point, it might be wise to await its arrival at the demand zone and watch for bullish rejection signals.
💎However, if CHR struggles to maintain its stance within the 0.1146 - 0.113 demand zone, there's a chance it could dip further, aiming for the Bullish Order Block before making a robust upward move towards our profit targets.
💎Stay alert, ParadiseSquad! 🌴 This analysis might need reevaluation if CHR breaches the 0.0997 mark and concludes the day beneath it.
Chromia (CHR) Forms Double Bottom Pattern!💎 Chromia make a double bottom pattern formation. CHR USDT has been steadfastly maintaining a significant support level setting the stage for potential price movements. A key milestone to watch out for is the breakout of the neckline.
💎if the neckline breaks successfully it could trigger a powerful breakout and price move toward strong resistance.
Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
Chromia CHR price, good rise is still aheadToday we'll look at the situation on the chart of the CHRUSDT trading pair
We don't know why, but we can see that the crypto community's interest in Chromia CHR is growing. Please share in the comments why CHR might be interesting for investment ?
The chart shows that the potential for CHRUSD price to rise at least to the ATH is huge.
Short- and medium-term target for growth is $0.23
The long-term growth target is $0.28, and ideally $0.48-0.50
In our opinion, the ideal CHR buy zone for medium and long-term investments is around $0.15
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Long $CHRChromia is in the ascending channel. I expect consolidation above MA20 level (with possible short-term decrease under the moving average) with the subsequent growth to the upper boundary of the channel.
As support we have MA20 and also the trend line
Resistance is at levels: 0.96 - 1.12
Always consider the state of the market.
Chromia buy opportunity- Overal market structure is bullish with higher highs and lows
- Touched the trendline that dates from late september 2021
- Faked the green support zone
- Bullish candles: bearish body with long lower wick followed by bullish engulfing and three white soldiers. This made for a good move last time around (compare the blue arrows)
- MACD crossover about to take place
- Broke above the 50 EMA
Setting my SL just below the EMA. Taking the $0.93 level as a conservative target. Where the $1.42 level is a more aggressive target. Given the state of the market I would advice caution though when taking this trade.
CHRUSDT , We are going to support zone and jumpHello guys
This is one the coin analysis that some one send us message to analysis
According to the chart we shown , We had a resistance zone and we need to break that zone and the price exactly done this and now we are in pullback and we expect that the price can support when impact to the trendline support then it can go up until the target shown on chart guys
Guys please at first take signal then entrance in any position
( signal : hammer or ascending cover or pattern price or ... )
Dont forget use stop loss and attention to money management
Good Luck
Abtin
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 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