Falling wedge for CHRUSDTHi. I happy to sharemy view of BINANCE:CHRUSDT and I believe will get higher, first resistance is 0.2.
CHRUSDT.P trade ideas
Will #CHR Bulls Step Up or Are We Facing a Breakdown?Yello, Paradisers! Can the #CHRUSDT bulls gather enough momentum to break out of the descending channel? Let's look at the latest analysis of the #Chromia:
💎After a steady 5-6 month downtrend, #CHR is nearing a crucial decision point as it approaches a major demand zone at $0.1523. This level has historically triggered a bounce, but the question is—can the bulls seize this moment to spark a reversal and finally break out of the descending channel?
💎For #CHRUSDT to set the stage for a breakout, the bulls need to reclaim internal resistance at $0.242—a key level that once served as strong support but has now turned into a significant obstacle. A breakout here, particularly with rising trading volume and support from the 20 EMA, could signal a shift in momentum, paving the way for a rally to the next major resistance.
💎However, if the bulls fail to maintain upward pressure, we could see a pullback to that critical demand zone at $0.1523, potentially retesting the recent breakout point. Failure to hold this level may lead to a slide toward the $0.124-$0.134 range.
💎The real danger, however, lies at $0.124. If this support level does not hold, bears are likely to take back control, potentially initiating a deeper correction and deflating any hopes for a short-term bullish recovery.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
CHRUSDTCHR ~ 4D
#CHR Continue moving in this descending pattern. Wait for this descending pattern to be successfully broken to start buying this coin.
when the market goes again to the same levelNot the last drop... It will rise to 0.2141, and then there will be another drop to the same level 0.1615..., and then the triangle pattern will be completed to take off and the currency will recover greatly
buy when the market goes again to the same level
CHRUSDTCHR ~ 5D ✅
#CHR Make purchases in stages from here. it's just a matter of time until the bulls come back and start pumping these Coins.
CHR - Breakout will push the price higher#CHR/USDT #Analysis
Description
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+ Price is trading inside the channel and waiting to breakout from the channel
+ This breakout could change the downtrend started in early 2024
+ A rejection at the resistance could push the price further down.
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VectorAlgo Trade Details
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Entry Price: 0.21
Stop Loss: 0.1592
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Target 1: 0.2759
Target 2: 0.3481
Target 3: 0.4485
Target 4: 0.7180
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
[CHRUSDT] - macro chart!established an nice HL in weekly chart
the key level is 0.24$ once breakout we will see 300% bullish rally
best regards Ceciliones🎯
Alikze »» CHR | Movement in the ascending channel🔍 Technical analysis: Movement in the ascending channel
- It is moving in a long-term ascending channel in the weekly time frame.
- So far, it has had several reactions to the dynamic trigger of the channel floor.
- In the previous rally, as you can see, it had a sharp growth.
- The wave correction has extended to the bottom of the channel, while the correction was able to extend to 0.23 fibo of the previous wave.
- Therefore, I expect it to enter the next bullish rally after the pullback to the swing and the green box range.
- After confirming the range of the green box, the first target will be the range of 0.29 and the ceiling of the channel. If it continues, we should witness the continuation of the upward trend, which will be provided in the following updates if it is realized.
💎 Note: In addition, if the previous floor (Invalidation LVL) is touched, the upward analysis will be canceled from the validity level.
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BINANCE:CHRUSDT
$Chrome to likely fall to $0.045BSE:CHROME to likely fall to $0.045
We took a sell at $0.2045 yesterday and we are now deep in profit.
My view for $Chromia is clear on the attached TA chart. watch out for the zones. I hope it gets to $0.1848 zone today.
#CHR/USDT SHORT TRADE IDEA#CHR/USDT SHORT TRADE IDEA👹
Leverage: 25x
Entries: $0.2471
Take profit 1: $0.2435
Take profit 2: $0.2324
Take profit 3: $0.2067
Stop Loss: $0.2607
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:CHRUSDT.P
Thanks
The sroced.
CHROMIA is completing B wave to the uptrendhello elliot familly !
i think chr is going above in order to complete minor c wave of bigger B .
IF SO , 200% GAIN IS POSSIBLE
#DYOR
CHRUSDT(Chromia) Updated till 24-08-24CHRUSDT(Chromia) Daily timeframe range. its having a decent retrace from its recent low. altho compare to other alt it didn't create a new low which is a good thing. not far from 0.2760 breaking it clean can lead it to 0.3674. recent support at 0.1480.
CHRUSDTHM Triangle BO v1.0 spotted. Looking good with previous wave down with increasing volume and momentum.
- BOS (Breaks of Structure) at @ 0.1699-0.1751 level
- Trending slow and steady if able to hold below the BOS level
It is at extremely good reward to risk level if able to break up the upward trendline.
CHR's long term is bearishCHR seems to have completed a big triangle and can become bearish for the medium and long term.
From the supply range, we expect a downward price rejection.
The mid-term and long-term target is the lower green box.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CHR longGlobally, we are in a long-term trend and now there has been a good correction of the asset. The situation is similar with AVAX. We have a large lateral and this is its lower part, as I expect Bitcoin to continue falling, so accordingly there will also be a fall here - where is the best time to buy
CHR bullish ideaCHR possibly at the bottom gearing up to rise to the top of the channel and possibly breaking the channel
Incoming pump on chrudstA 5 wave correction forming a falling wedge will lead to a massive pump after the breakout in the coming days.
CHRUSDT.1DAs I delve into the technical analysis of the CHR/USDT daily chart, it becomes apparent that the market is navigating a critical juncture, reflected by several technical indicators and price actions.
Market Overview:
The current price of CHR/USDT is $0.2556, witnessing a decrease of 3.15% in the latest trading session. This negative movement needs careful examination against the backdrop of the broader market trends and key technical levels.
Trend Analysis:
The price has been following a descending trend, as indicated by the downward sloping line that connects the series of lower highs. This trend suggests persistent bearish pressure. Observing this, I note that any strategic decision will need to consider the potential continuation or reversal of this trend.
Support and Resistance Levels:
S1 at $0.2024: This level serves as the immediate support. The price's proximity to this level suggests it might soon play a crucial role in either halting the decline or, if breached, accelerating the bearish momentum.
R1 at $0.3332: This is the current resistance level. A breach above this could indicate a potential reversal or at least a pullback within the ongoing bearish trend.
Technical Indicators:
Relative Strength Index (RSI): The RSI stands at 49.97, hovering just below the neutral 50 threshold, indicating a balance between buying and selling pressures. This neutral stance may shift if external market forces or fundamental changes impact trader sentiment.
Moving Average Convergence Divergence (MACD): The MACD line is slightly above the signal line but very close, suggesting a marginal bullish momentum in the short term. However, the proximity of these lines also signals a potential change could be imminent.
Volume Analysis:
While not explicitly shown, the volume associated with price movements would provide deeper insights. Increasing volume on downtrends confirms bearish strength, while decreasing volume may indicate weakening bearish momentum.
Strategic Trading Advice:
In my current strategy, maintaining a cautious stance is prudent. I would monitor the S1 level closely for any signs of a breakdown. A decisive close below this support could open positions for a short, targeting further declines. Conversely, any bullish reversal signals, especially a sustained move above R1, would necessitate a reevaluation of the bearish bias, potentially shifting to a more bullish or neutral trading strategy.
Conclusion:
The CHR/USDT pair presents a complex trading environment where careful monitoring of key technical levels and indicators is essential. The proximity to critical support suggests that the next few trading sessions could be pivotal. As always, incorporating stop-losses and closely watching market developments will be key to navigating this volatile environment effectively.
$CHRI see a Rounding Bottom here.
Brokeout already and retest on going.
Looking for a good entry for long position.
Please dyor before take a position and make a decision.
Always use stop loss whatever your position.
CHR Important levels - Gann GridHello Dear Traders,
- Important Levels
On the Chart "Horizontal Lines" Based on Gann Square of 9
Works as Support/Resistance. Watch for Price action around those levels
- Jinny Gann Grid
- Vertical lines works as time lines. Expect Reversal around them.
For Today
Support : 0.251 - 0.22
Resistance :0.251 - 0.283 - 0.3184
Wish you Good Luck Trading.
CHRUSDT(Chromia) Daily tf Range Updated till 05-07-24CHRUSDT(Chromia) Daily timeframe range. market is on dumping mode so nothing out of ordinary here. breaking 0.2097 clean can lead it to 0.1545. of course that needs a valid daily close. a buyback or retrace more possible in lower mid level after market stables.
CHR buy/long setupAfter the heavy drop, it has now broken the trigger line and created a bullish iCH.
There is a support area close below the price, on which we will look for buy/long positions if the price reaches this range.
The targets are clear on the chart.
Closing a daily candle below 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
Thanks
