CHRUSDT Technical AnalysisLong
#CHRUSDT
enter: 0.16
Tp: 0.209
Sl: 0.141
Spot
Don't forget money management!
CHRUSDT.P trade ideas
CHRUSDT can potentially go higher to 0.178
Welcome back Traders, Investors, and Community!
Hi Traders, CHRUSDT has broken above the major Resistance, It has retested the Support already, we also have a large green candle which indicates the bulls are back strongly. it's expected to go higher at 0.178. There price may go back to 0.144 before it goes higher.
⬆️Buy now or Buy at 0.144
⭕️SL @ 0.128
✅TP1 @ 0.178
✅TP2 @ 0.213
✅TP3 @ 0.255
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
CHRUSDT { CHROMIA } - BULLISH SETUPANALYSIS 🔎
- CHRUSDT hit an all-time high and retraced.
- Price is retesting the flip horizontal support.
- There's a relatively high concentration of buyers at this zone.
- The retracement was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- Price action is printing an ascending triangle pattern at the breakout region.
- This is a bullish build up pattern.
BUY ENTRY ⬆️
- Breakout above the ascending triangle resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the flip horizontal support.
Possible 1hr Ascending Triangle Possible 1hr Ascending Triangle
This will play out as long as BTC does not Shit the bed and start selling off also BTC.D needs to either Drop or stay neutral fro this trade to play out.
Two possible entry points and take profit area marked on the chart.
🆓Chromia (CHR) June-18 #CHR $CHRCHR is still accumulating buying in the past 1 month and as long as CHR conquers the $0.2 zone during this period, it will be easy to see a strong recovery to the $0.24 and $0.32 zone in the next few days. But if CHR loses the $0.18 zone, it will have a strong correction to the $0.14 zone
📈BUY
🔴Buy : 0.176-0.184$. SL if B
🔴Buy : 0.195-0.205$ if A. SL if B
📉SELL
🔴Sell : 0.195-0.205$. SL if A
🔴Sell : 0.235-0.245$. SL if A
🔴Sell : 0.315-0.325$. SL if A
♻️BACK-UP
🔵Sell : 0.176-0.184$ if B. SL if A
🔵Buy : 0.137-0.143$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Fake Break out in the ceil of CHRUSDTStop Loss Level has calculated based on ATR*1.1 in the last high in the hourly time frame.
🔥 CHR Fake Out ReversalWith BTC falling, it's time for some overbought assets to fall back and correct their strong gains.
CHR (and several others) have seen very strong gains over the last couple of days, and are the first to lose their value when BTC continues falling.
As of now, CHR is consolidating around the top resistance of the triangle. Wait for a proper fall through this area before going short. Always keep an eye on BTC when trading alts.
Happy trading!
CHROMIA on the risky 5th wave of Elliottcrab harmonic pattern:
AB=0.38 XA
BC~0.88 AB
final target=3.6 BC=$0.86
shark reversal:
3-4=0.61 X-3
4-5=1.13 3-4
tp1=0.78 4-5=$0.169
tp2=0.88 X-3=$0.0538 *could be a sufficient target*
tp3=1.6 4-5=$0.03
tp4=1.13 X-3=$0.0257
tp5=2.24 4-5=$0.008 *out of reach*
The end of the frustration is comingSuch a beautiful price action was printed on CHR chart.
There is a great buy opportunity for midterm trading after the breakout from long term downward trendline.
TIME FOR BUY CHR NOW#CHR
ENTRY: 18500 - 18800
TARGET: 22000 - 25800
Stoploss: 17499
JUNE IS MONTH OF NFT COIN
CHR takip amaçlıdırbtc 15 dk lıkta obo oluşturdu. chr takoz ve ikili tepe sonuna geliyor. Short giriş yapıcam takipd amaçlıdır.
ytd değildir. Fikir alın yorumlayın. Tavsiye ile iş yapmayın
Going up These are highly dependent on the movement of Bitcoin. The Fibonacci model was used to draw support and resistance lines We show the triangle pattern, where the contraction of the support and resistance lines is observed The possibility for the CHR currency to rise in case the recent resistance at the corner of the triangle is broken.
CHRUSDT LONG / Deal closing update Closing the deal at a profit of 5% due to the change in trend to negative
You Can use this trade as CHR/USDT SPOT or Future Trade entryIf CHR break it's major resistance area 0.21 - 0.22 it's can be touch triangle upper leg (resistance area 0.26).
CHR Analysis05/30/2021
So CHR is on a falling wedge which signifies a trend reversal in the 1h/30m chart.
I'm be expecting potential low around 9:30 AM UTC before it escapes the trend
BUY CHR. AN NFT COIN NOT PUMP #CHR/USDT:
ENTRY: 22000 - 22900
TARGET:24400 - 30600 - 40000
Stoploss: 20899
CHR IS IN THE BOTTOM, IT'S NOT PUMP MUCH. IT'S ALSO AN NFT COIN
