CHR/USDT Facing a critical resistance area. Breakout or rejected💎 CHR has recently undergone significant developments in the market. Currently, CHR is facing a critical resistance area. A week ago, CHR attempted to break through this resistance but faced a strong rejection, causing the price to retest the support area.
💎 Now, CHR is making another attempt to break through this key resistance level, and if successful, it could trigger a bullish momentum, leading to a significant upward movement with the probability to reach the bearish order block (OB) area.
💎 However, if CHR once again fails to break through and shows signs of bearish rejection, similar to the previous attempt, there is potential for the price to return to the support area to establish new momentum.
💎 The support area is of utmost importance and would require a bounce to maintain its bullish stance. If CHR fails to sustain above the support and breaks below it, this could indicate a shift back to a downward movement, with the potential to revisit the demand area or even move further downward.
CHRUSDT
CHR analysisOn the chart, we have a bearish CH and we have a liquidity pool at the top and bottom of the chart.
It is expected that first the low liquidity pool will be swept and then the price will move to the high liquidity pool.
Closing a 4-hour candle above the invalidation level will cause analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
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CHR/USDT Facing on the Key area. Break out the area or rejected?💎 CHR has recently demonstrated notable market dynamics, currently facing resistance in the supply and Bearish Order Block (OB) area.
💎 A breakout from this area is needed for continued upward movement, probability leading to significant gains and reaching our target area.
💎 However, if CHR fails to break out above the supply area, it may face rejection and retreat towards the support zone around 0.298, where new momentum could be generated.
💎 It's crucial for CHR to bounce off the support area to resume its upward trajectory and attempt to break above the supply zone. Conversely, if CHR breaks down below the support level, it could signal a reversal in the trend, leading to further downward movement towards the demand area or possibly even lower.
CHR/USDT - Chromia: BBand Breakout◳◱ On the $CHR/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.2813 | 0.2972 | 0.3349 and support near 0.2436 | 0.2218 | 0.1841. Entering trades at 0.3636 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Chromia
▣ Rank: 197
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Hitbtc
▣ Category/Sector: Infrastructure - Application Development
▣ Overview: Chromia (previously Chromapolis) is a Layer-1 blockchain that is also an Ethereum Virtual Machine (EVM) compatible Layer-2 solution for Ethereum and the Binance Smart Chain. Chromia is designed to achieve three goals: allow dApps to scale to millions of users, improve the user experience of dApps to match those of centralized applications, and create familiar paradigms that allow developers to build secure applications.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.3636 ₮
▣ 24HVol: 12,843,426.679 ₮
▣ 24H Chng: 12.465%
▣ 7-Days Chng: 36.36%
▣ 1-Month Chng: 28.82%
▣ 3-Months Chng: 183.90%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.2813 | 0.2972 | 0.3349
◢ Support: 0.2436 | 0.2218 | 0.1841
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.36
▣ Last 90D: 3.89
▣ Last 1-Y: 0.92
▣ Last 3-Y: 1.04
◲◰ Volatility :
▣ Last 30D: 1.07
▣ Last 90D: 1.11
▣ Last 1-Y: 0.87
▣ Last 3-Y: 1.53
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.42 - Bearish
▣ In-depth CHRUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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CHRUSDT(Chromia) Daily tf Range Updated till 07-02-24CHRUSDT(Chromia) Daily timeframe range. there are several price action acting same a small consolidation than a push back. now we dont have that much volume in mcap itself. if it get some retails look here it can cross 0.3383. if not than back to 0.2305.
CHR ANALYSISA range has been formed and the price is approaching the upper range of this range.
Usually, when we have a range, the price tries to move from the bottom to the ceiling, and then from the ceiling to the bottom.
Considering the fresh and unused supply that we have, we are expected to have a reject POI range.
I specified the targets on the chart. I also specified the invalidation level. Closing a 4-hour candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CHR/USDT bullish horizon from demand? 🚀CHR Today Analysis💎 Paradisers, it's time to focus on #CHRUSDT, which is currently exhibiting an intriguing shift. The recent conversion of supply into demand zones hints at a strong possibility of an upward move.
💎 #Chromia has recently breached the supply level of $0.1763. If it can maintain its momentum above this newly formed demand level, there’s a high likelihood of a bullish surge targeting the upper supply zone at $0.2179.
💎 However, as we all know, the crypto market is full of surprises and demands flexibility in strategy. Should #CHR face challenges in leveraging its position at the demand level of $0.175, it might be time to reassess our approach.
💎 In such a scenario, we should be prepared for a potential bullish rebound from a lower support level, possibly around $0.1468. A word of caution: breaking below this level could be a signal of a shift towards a bearish trend in the market. 🌴💰
CHR SHORT WAIT FOR ENTRY LEVEL hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
CHR/USDT Challenges in breaking through the key level area💎 CHR has been a center of focus in the market but has faced challenges in breaking through the supply area. Historically, every time CHR has approached this resistance, it has been met with significant rejections. A successful breach of this resistance, probability could signal a considerable upward movement, moving towards our set target.
💎 However, if CHR remains in consolidation at the supply area without breaking out, there's a risk of facing another rejection, potentially leading back to the support level. If CHR loses this support, a move towards the demand area could be the next course.
💎 In the demand zone, it's crucial for CHR to exhibit a strong recovery and attempt to reclaim the support while aiming to break through the resistance. If CHR fails to respond positively in this area, there's a possibility it might also break down from the demand zone. This could result in a shift back to a bearish trend, with CHR possibly descending towards a stronger support area.
CHR/USDT Potential for a Bull Rally? 👀🚀 CHR Analysis💎 Paradisers, take a closer look at #CHRUSDT as it currently presents a notable setup. Located at a pivotal support level, CHR is indicating the possibility of a bullish trend.
💎 Analyzing #Chromia's recent trajectory, it has skillfully maneuvered through a descending channel, breaking into a positive trend. Presently, CHR is reassessing its support zone around $0.123. A sustained hold above this level would increase the probability of an upward movement, with a target to test the significant supply zone at $0.24.
💎 However, if #CHR encounters difficulty in maintaining its ground above this support level, a strategic shift may be required. This could entail aiming for a bullish recovery from a lower support level at $0.085, signifying a potential change in trading approach.
💎 If #CHR falls below the $0.085 support, it could indicate a change towards bearish market sentiment, possibly leading to a more pronounced downward movement.
💎 Stay vigilant and flexible, Paradisers. Your ParadiseTeam is committed to navigating you through these market shifts, ensuring you have the insights and strategies needed for effective and informed trading decisions.
CHR/USDT - Chromia: Trend Reversal◳◱ On the $CHR/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.1458 | 0.162 | 0.1935 and support near 0.1143 | 0.099 | 0.0675. Entering trades at 0.1355 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Chromia
▣ Rank: 307
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Hitbtc
▣ Category/Sector: Infrastructure - Application Development
▣ Overview: Chromia (previously Chromapolis) is a Layer-1 blockchain that is also an Ethereum Virtual Machine (EVM) compatible Layer-2 solution for Ethereum and the Binance Smart Chain. Chromia is designed to achieve three goals: allow dApps to scale to millions of users, improve the user experience of dApps to match those of centralized applications, and create familiar paradigms that allow developers to build secure applications.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.1355 ₮
▣ 24HVol: 2,751,739.737 ₮
▣ 24H Chng: 4.714%
▣ 7-Days Chng: 4.59%
▣ 1-Month Chng: 14.79%
▣ 3-Months Chng: 53.35%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.1458 | 0.162 | 0.1935
◢ Support: 0.1143 | 0.099 | 0.0675
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 1.56
▣ Last 90D: 1.89
▣ Last 1-Y: 0.26
▣ Last 3-Y: 1.00
◲◰ Volatility :
▣ Last 30D: 0.98
▣ Last 90D: 0.83
▣ Last 1-Y: 0.81
▣ Last 3-Y: 1.54
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.42 - Bearish
▣ In-depth CHRUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
CHR Chromia Price PredictionIf you haven`t sold CHR here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is CHR.
I've set a short-term price target for CHR at $0.10.
Looking forward to read your opinion about it!
CHR/USDT Bullish Horizon? 👀 🚀Chromia Today Analysis💎 Paradisers, prepare for a promising opportunity with CHRUSDT. Following its recent rejection at resistance, the asset is gearing up for another breakout attempt, indicating a high probability of a bullish move.
💎 In the past, Cromia has demonstrated a pattern of adhering to a descending trendline, breaking above it to initiate an upward trend. Currently, it is trading within a demand zone and is poised to make another attempt at breaking through the resistance at $.1473. This setup presents a significant chance for a bullish movement. If CHR maintains its upward momentum, it is set to target the supply level of $.1473, with potential to rise further to a higher supply level at $.2407.
💎 For the astute Paradisers, capitalizing on this situation requires precise timing. Identifying the most favorable entry points during this expected rise is crucial, as well as being cautious about entering at the market's peak. Additionally, be prepared for the possibility of a bullish rebound from the support level of $.0997. However, a drop below this support level could signal challenges in maintaining the bullish trend.
💎 In this fluid and ever-changing market environment, strategic foresight and skillful decision-making are paramount. Crafting a comprehensive trading strategy, which encompasses effective money management and a deep understanding of support and resistance levels, is essential for achieving successful trading outcomes. 🌴💰
CHRUSDT.4HBased on the provided market data, the CHR/USDT pair is currently priced at 0.1163 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 55.46, 52.51, and 50.75 respectively, all of which are near the neutral 50 mark indicating that the market is neither overbought nor oversold.
The Moving Average Convergence Divergence (MACD) for 4 hours is slightly negative at -0.0009, while it is positive for 1 day at 0.0025, and negative for 7 days at -0.0065. This suggests a mixed trend with short-term bearishness and mid-term bullishness.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.1178, 0.1257, and 0.1314 respectively. The current price is below the mid-line of the Bollinger Bands in all three periods which suggests a bearish trend.
The support levels for the next 4 hours, 1 day, and 7 days are 0.1130, 0.1067, and 0.1072 respectively, while the resistance levels are 0.1172, 0.1247, and 0.1225 respectively.
In conclusion, the market for CHR/USDT is currently showing a mixed trend with short-term bearishness and mid-term bullishness. However, the RSI values suggest that the market is stable and not in overbought or oversold condition. Investors should keep a close eye on the MACD and Bollinger Bands for any signs of trend reversal. As always, it's recommended to use a combination of different indicators and not rely on a single one for trading decisions.