CHR/USDT - Chromia: Double_Bottom◳◱ We've a Double Bottom pattern on the TSX:CHR / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the neckline at the current price. The next resistance key levels are at 0.0977 | 0.1025 | 0.1138 and the major support zones are respectively at 0.0864 | 0.0799 | 0.0686.
◰◲ General info :
▣ Name: Chromia
▣ Rank: 334
▣ 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: 0.094 ₮
▣ 24HVol: 957,337.045 ₮
▣ 24H Chng: 2.285%
▣ 7-Days Chng: 1.91%
▣ 1-Month Chng: -1.45%
▣ 3-Months Chng: -12.15%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0977 | 0.1025 | 0.1138
◢ Support: 0.0864 | 0.0799 | 0.0686
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.08
▣ Last 90D: -1.17
▣ Last 1-Y: -0.34
▣ Last 3-Y: 0.86
◲◰ Volatility :
▣ Last 30D: 0.51
▣ Last 90D: 0.72
▣ Last 1-Y: 0.82
▣ Last 3-Y: 1.56
◳◰ 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
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◲ 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
CHRUSDTCHRUSDT is in strong bullish trend and recently has given the breakout from symmetrical triangle. The price was reacting well the support and resistance of triangle.
Currently the price has break through the resistance of triangle where the buyers are showing good strength .
If the breakout sustain to upside ,the optimum target could be 0.1090 followed by 0.1140.
What you guys think of this idea?
CHRUSDT → The bulls are holding the price above resistance BINANCE:CHRUSDT breaks the resistance of the wedge and gives us a good signal for a possible strengthening of the cryptocurrency pair while the market flagship - bitcoin makes a volume shakeout
On the BINANCE:CHRUSDT chart below, I have marked the strong 25400 level. We can see that price is testing this area in a false breakout format. The problem with bitcoin's weakness is that there aren't many short-term traders. Most of the volume is with medium and long term holders, hence the activity which moves in cycles over a long distance.
CHR breaks through resistance, but the moment BTC falls, the price comes back and tests the previously broken boundary. At the moment of flagging strength, CHRUSDT forms a consolidation above the line and starts to turn the price up. An important resistance for us is 0.1092, if the coin overcomes it, it will open the way to the mentioned targets
Support levels: 0.0956, 0.0826
Resistance levels: 0.1092
As the coin has strengthened above the previously broken garnet, I expect a breakout of 0.1092 and further growth
Regards R. Linda!
CHR/USDT Break the Major Descending Channel, Bullish Momentum ??Yello Paradisers, take note! #Chromia
💎 CHR has Break out its major descending channel pattern, signaling bullish momentum on the hourly timeframe and setting the stage for further upward movement.
💎 Before this pivotal moment, CHR had lost its key support area and dipped lower. However, it managed to consolidate at lower levels, successfully reclaiming the key support and breaking the pattern with significant volume. This marks a remarkable recovery for CHR.
💎 While CHR still exhibits a bearish trend—evidenced by its chart showing lower highs and lower lows—the successful breakout and reclaiming of key support suggest that CHR could potentially break past its previous lower high to establish a new higher high.
💎 Caution: This bullish outlook could be invalidated if CHR closes below the designated Bullish Invalidation level on the daily chart.
Keep your eyes on the charts and stay tuned for more updates! 🌴
CHRUSDTThis is a 4H frame analysis for CHRUSDT Analysis of the crypto market shows that prices are in an uptrend channel and may start to move towards the second resistance line after breaking the first resistance line. However, be aware that it is close to an area where it has failed to move up after several collisions and has had price drops in advance. Suggestion: Those who have purchased this coin from lower numbers can sell in the first area if they do not want to take more risk, but it is expected that the price may move towards the second resistance line after breaking the first resistance line.
CHRUSDTThis is a 4H frame analysis for CHRUSDT As you can see, the price is in its supply zone and can show a reversal again and bring the price back to the previous support zone. However, we can see signs of upward momentum in the daily timeframe, so wait for the price to break the resistance line or the complete line and then enter the trade or wait for the price to have a pullback after the signs of decline and then enter the trade.
#CHR/USDT 12h (ByBit) Descending wedge on supportChromia just printed a dragonfly doji, bullish reversal towards 100EMA resistance seems around the corner.
⚡️⚡️ #CHR/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.0X)
Amount: 4.6%
Current Price:
1) 0.1046
Entry Targets:
1) 0.1035
Take-Profit Targets:
1) 0.1215
Stop Targets:
1) 0.0945
Published By: @Zblaba
TSX:CHR #CHRUSDT #Chromia #NFT #DeFi
Risk/Reward= 1:2
Expected Profit= +87.0%
Possible Loss= -43.5%
Estimated Gaintime= 3 weeks
chromia.com
Chromia CHR price forms "Double Bottom" and long term trade+360%It seems that the light at the end of a long falling tunnel is beginning to appear for Chromia investors)
At least we managed to see at least two patterns on the large timeframe that suggest a trend change and in this case, the CHR price will move up.
Perhaps a powerful fundamental and news background is being prepared in Chromia and you know about it?)
Please share it with our community in the comments.
In the meantime, we suggest considering the following long trade for CHRUSDT:
Entry = $0.108-0.110
Stop = $0.09999 (-7.5%)
TP 1 = $0.322 (+200%)
TP 2 = $0.48-0.53 (+360%)
Potential profit/loss ratio = 48/1
_____________________
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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.
CHRUSDT - stable dropHello everyone. In search of an appropriate schedule, the CHRUSDT coin caught my eye. For 5 months now, the price has been steadily going downhill and there are no prerequisites in the chart for its reversal. Especially now when the coin broke through the 0.11 level and went to retest this level. Also, the price is covered from above by a trending descending line. That's where the thoughts come from on the short with a target of 0.09.
CHRUSDT UPDATE :Double Bottom Pattern and Potential Bounce 0.3?
Free CHR trade signal at the end of this post, please like, share and follow for updates
📊CHR Chart Analysis: Chromia buyers have formed a double bottom pattern on the daily chart, indicating a potential bounce as accumulation continues at this support according to MT's pandoras Box. However, it's important to note that CHR is currently range-bound on higher timeframes, suggesting a move toward the 0.25 resistance level. Breaking this resistance could lead to a move towards the 0.3 range, but there may be some back-and-forth price movements. While there is a chance of reaching 0.68, the probability is below 45%, so it should not be expected. It is advisable to set a stop loss at the $0.0884 range, as a break below that level could result in further downside. Therefore, while we anticipate bullish momentum, caution should be exercised due to potential bearish pressure, particularly at the current support level.
Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
Free CHR Long Trade Signal:
To.
📈 MT FREE CHR TRADE SIGNAL 📈
(Highly risky entries to Scalping Bull Opportunities )
👉 ASSET: TSX:CHR (CHR/USDT)
👉 ACTION: LONG
👉 1st ENTRY PRICE: $0.1237, 2nd Entry ; 0.13112, 3rd Entry ;0.1319
(Buy Incrementally)
👉 STOP LOSS: $0.0884(Risky Stop 0.1017)
👉 1st TAKE PROFIT: 0.169
2nd TP: $0.25 3rd TP: $0.358 (Extended 0.4 to 0.6)
Chromia pushing up soon ? CHRUSDT has exhibited a promising bullish momentum as it successfully retested a key support level at 0.1110, indicating a potential bullish reversal. The recent price action shows a series of higher highs, suggesting increasing buying pressure and a potential continuation of the uptrend.
Retest of Support: CHRUSDT recently retraced to the support level at 0.1110. The successful retest indicates that buyers have stepped in to defend the level, potentially leading to an upward price movement.
Higher Highs: Following the retest of support, CHRUSDT has been forming higher highs, reflecting a gradual increase in buying momentum. This pattern indicates a potential continuation of the upward trend.
Bullish Momentum: The positive momentum is further supported by rising volume and increasing buying interest in the market. This suggests that traders and investors are actively accumulating CHRUSDT, adding to its bullish outlook.
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 ⚠️
CHRUSDT and the 4-month trendHello everyone. Now many coins have approximately the same chart. On the daily chart, the price is testing a 4-month trend line. On top, the CHRUSDT coin is also clamped by a line. Therefore, we will set the price movement goal exactly there, at the level of 0.18. We will put a stop behind the trend line at 0.1552.