CHRUSDTCHRUSDT is trading in bullish parallel channel and now it seems like the pair is facing resistance around 0.1360 region. Will the price retrace back to support zone?
CHRUSDT
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 shortChromia bounced off the resistance level. Asset broke trough off the ascending trendline. Bearish movement to support level at 0.128 is possible.
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 ⚠️
CHR breaking this big structure!12h time frame
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CHR breaking above this triangle.
Retesting is opportunity to open long around 0.16.
A plan with great RR!
Target: 0.22~0.266
SL: 0.15
Chromia pumping this week 🚀CHRUSDT active addresses ratio has grown by 555% signaling a clear new interest in this coin. On the technical side, we have made a fakeout followed by a break and re-test of the support. My 2 targets are at 0.1548 and 0.1943 .
CHROMIA longCHROMIA bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 0.154 is expected to happen.
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.
CHR SHORT , Lets go!following the bitcoin narrative, I expect a strong correction in CHR.
overbuy
and close to an order block
Chromia shortChromia broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 0.147 is possible.
CHRUSDT has gone beyond the level and is moving onOverall, the market mood is positive. Many coins are slowly starting to shoot. Therefore, it will look for a long with an adequate input. CHRUSDT is a great option, since at the moment the coin has come out of some kind of trading and now the price is behind the level, or rather it is testing it. Therefore, I expect further growth on a generally positive background. The movement target is 0.1920. Stop for the level at 0.1628.
UPDATE ON CHR ON LONG TIME FRAME ✅I shared my analysis on chrusdt pair overview
RSI already crossed 30 level
Strong support moves the price upward
Take a look on the chart overview
✅I shared a lower time frame entry point.. take a look on that too
Have a good day
LONG CHR ✅New order block was detected in lower time frame.. let's try to play with that
Choch and bos are valid
Entry current price
Stop loss 0.1445
Target 1=0.16
I will keep on update you on progress 🙂 have a nice day
CHRUSDT tests the level and moves onAccording to CHRUSDT, I see the situation like this: the coin has broken through the trend line into the short and is currently testing an obvious support level. In addition, a couple of days ago, the price drew a so-called "double bottom". Therefore, they must grow locally. The target is the next level at 0.1764. We put a stop for the level at 0.1446.
chrusdtThere is a resistance in front of him, if he wants to correct it, he will go for the green lines, otherwise, after the failure, the goals must be determined again.
CHR BUY SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the CHR symbol.
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
Chromia shortChromia broke trough off the lower boundary of ascending channel. Bearish movement to support level at 0.143 is expected to happen.
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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CHR longCHR bounced off the support area. Bullish movement to the resistance level at 0.121 is likely to happen.
