CHRUSD trade ideas
CHR Set to Skyrocket? Potential 43x to 165x Ahead!▍Reason 1:
BINANCE:CHRUSDT is perfectly replicating the price structure from the last bull run.
You can refer to the points I marked (1-7) in the chart.
In the last cycle, point 7 marked the lowest point before the price surged 84x.
▍Reason 2:
Since January 2021, CHR has been forming a multi-year symmetrical triangle, and it's now approaching the end of this pattern.
According to triangle consolidation theory, this means a major breakout is imminent.
Considering that altcoin season is also approaching (I've attached my previous analysis below), CHR is very likely to explode upwards!
▍Price Target Projections:
1. Fibonacci Target (marked in the chart) suggests a target of $6.6, representing a 43x increase from the current price.
2. Triangle Breakout Target (marked in the chart) suggests a potential high of $25, an incredible 165x from the current price!
I don’t think this bull run will deliver 100x+ gains, but with this potential, isn’t it worth getting in now?
for more future script 'guesses' like this!
CHRUSD Pump to previous Highs ?I made a limit order for CHR @ 0.356 for a small amount based purely on the technical analysis of the chart . Considering our missed opportunity to grab the whales tail and ride it out, draw down is quite high hence the small , shall we say, gamble that every technical aspect is met and the pump continues after that small correction we had last night. Let's hope " the trend is our friend" until the end. Warning risk is medium- non-leveraged.
✴️ Chromia | Emotional Excess = Reversal SignalFocus on the falling wedge pattern on the right.
Notice the lower trendline produces three strong reactions, making this a valid trendline.
Now notice how recently prices broke below this trendline.
This breakdown we call the "emotional excess", or simply "excess" for short.
The same pattern happened in late 2022 and this preceded a bullish wave.
This type of excess can be used as a strong bullish reversal signal and the chart setup as a whole is really strong, trading wise; because it has low risk with a high potential for reward.
Chromia has been green the last three days... Can easily go up.
What one does, the rest follows but, if you are looking at these pairs/charts for trading, we have to consider separately each one. Because in the long-term they can all move together but while one can move today another one can move in two months.
Follow me and I'll show you the best ones.
Namaste.
CHRUSD possible bull scenarioIf we want to talk about bull scenario, then we need break 0,35usd.
Is it possible? always, but it is better a wait price above 0,35usd and then decide.
For now, price has a good support about bottom line, 0,18usd .
If we talk about FED and interest rate, FED made decision that interest rate will go to 2,5-3%.
I think, todays price of coins includes that decision but for BIG move UP we need more good news.
Good luck everyone!!!
Double Your Investment Ideas : CHR/USDtCHR is currently standing at the point where it can be bounce anytime and we could make at least 2x return ...
DISCLAIMER : Invest with Safety and Risk Management . Invest with D.C.A ( Dollar Cost Averaging ) strategy so you Make better returns with Minimize Risk.
Learn D.C.A if you are not aware about it.
Good Luck !
Power of 2x .
$50 $100
$100 $200
$200 $400
$400 $800
$800 $1,600
$1,600 $3,200
$3,200 $6,400
$6,400 $12,800
$12,800 $25,600
$25,600 $51,200
CHROMIA Breakout Done & Now Retesting. Ready To Go Higher!👉 CHRUSD Technical Indicators:
▫️ All EMA are placed below the price as supports.
▫️ Cup with Handle bullish pattern with breakout done.
▫️ Retest of the neckline in process.
▫️ Waiting now for a bounce strong enough, to take-off toward uptrend rally.
👉 CHRUSD Fundamental:
▫️ Chromia's Dev Team must also restore quickly confidence with its large community and investors who, following nearly 7 months of accumulation in a non-volatile range, are starting to seriously criticize the project and losing interest in it. This is the reason for this breakout, and the next few days, to be at a crucial time for #CHR short term future.
Learn TA, Earn Money, and as usual Have Safe Trade. Enjoy this Sunday with family and loved ones.
CHR - NFT Boom Activate 🚀300%+🚀CHR is a fantastic NFT ecosystem that has had some dealing with the united states airforce in the past - makes you wonder why it hasn't taken flight yet.
Well it looks like we're about to leg up hard - breakout has already happened, retrace has already happened, and gratuitous spending is about to happen when it comes to the BPT subscriber base.