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CHRUSD

#CHR/USDT Trade Setup 54% Potential Pump! RR 1:16 !I've already shared the reason I am opening this long in my last BTC update. (The link is at the bottom of this update) Recent trades posted:- 1. BTC/USDT 2. ETH/USDT 3. CHZ/USDT 4. CHR/USDT Entry:- $0.1134 TO $0.1072 (4.79% is the accumulation range from CMP so plan your entry accordingly) Stop Loss:- $0.1007 Recommended Leverage:- 3x- 5x Target:- Open (Possibly 36% to 59%) RR 1:16 (Highly Lucrative) This is not financial advice. Always DYOR. These are my trades. Do not cry in the comments if you can't afford the Stop Loss or go for 125x gambling. I am ready to take the SL if it gets hit. Trade only if you can afford the SL. Do the maths before you enter the trades and manage your risks properly. Fund preservation is our foremost priority. If you like me to post more please share this idea with your friends and communities and hit the like button. I have been with you in the bullish days and the bearish days. We are going to have an amazing bull run for sure. Cheers! Thank you #PEACE
Long
by Cryptorphic
2
CHR Chromia Price PredictionGrayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum: The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable. Token and stablecoin holders might panic and start liquidating their holdings. In this context, price target for CHR Chromia is $0.47. Looking forward to read your opinion about it.
Short
by TopgOptions
CHR Low Time frame resistance CHR on the 4H TF is close to the resistance of $0.68, the past couple of hours we have seen a few failed test to break the resistance . In case we test the resistance again and get rejected I would be expecting for CHR to find support around $0.58 . In case after the rejection there is a trend reversal we could see the coin falling back to $0.47 . On the other hand in case we break through the resistance the next level I would be looking out is $0.77, $0.88 and $0.95 - $1
by Trader_Sentinel
Don't overlook Chromia! Here's a quick look at the CHR Daily chart . As we can see, the price has broken out from its bigger downtrend and a bigger reversal could be upon us. If you didnt catch the breakout from the previous setup , then the best entry now would be when the price breaks above 0.682$ with good amount of volume . Definitely one to keep an eye on! ------------------------------------------- The idea is: Buy when the price breaks above 0.682$ and take profits at the levels shown in the chart. Targets: 1. 0.75$ 2. 0.86$ 3. 0.97$ 4. 1.24$ 5. 1.5$ ------------------------------------------- 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
Quick Look at CHRHere'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 breakout from the previous setup , then the best entry now would be when the price breaks above 0.682$ with good amount of volume . Definitely one to keep an eye on! ------------------------------------------- The idea is: Buy when the price breaks above 0.682$ and take profits at the levels shown in the chart. Targets: 1. 0.75$ 2. 0.86$ 3. 0.97$ 4. 1.24$ 5. 1.5$ ------------------------------------------- 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
3
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! ------------------------------------------- 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$ ------------------------------------------- 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
2
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. ------------------------------------------- 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$ ------------------------------------------- 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." ------------------------------------------- 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
1