CHR on The way To It's ATH once againHello every one
CHRUSDT
CHR Is in a Cup & Handle Pattern. The Pattern has Not Been Completed yet but It will be Completed Soon! If our Expectations Come True & The Break out Needed for Ascending Further Happens, We can Expect a Pretty big Movement as Much as The Measured Price Movement (AB=CD) . we just Have To Be Patient for Break out To Happen. The Movement Will be Enough For CHR to Reach It's ATH once again
This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
CHRUSDT trade ideas
Pivot Yearly predictions for CHR using hidden pivotsThis is a very basic trading idea published as part of my Crypto maket analysis for 2022.
It demonstrates the earning potential, predicted by Traditional Yearly Pivots.
On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10.
The Indicator plots automatically on each time frame.
You can have a look at it here:
And a deeper explanation of it here:
medium.com
In the case of $CHRUSD, you can see the four scenarios on the chart:
1.Likely in case of bear year - Downside to the S1.
2. Likely in case of bull year - Upside to the R1.
3. Likely on as very bullish cycle - Upside to the R5.
4. Likely on a bananas rocket to the moon year - Upside R10 and beyond.
For the whole long read and analysis on the pivot side of the crypto market 2022, see here:
rotzeod.medium.com
CHRUSDT UPDATECHR since the recent fall across the board is now testing strong daily demand in confluence with the uptrend support, also we can see a nice M formation on the daily TF this harmonic pattern likes to complete at the neckline giving us our first upside target, we will be waiting with students on the lower TF specifically 1h and 4H for the market to potentially satisfy our entry rules before we think about entering any leveraged long position on this token.
CHR - Nice entry timingBYBIT:CHRUSDT
1H trend chart
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CHR already met Vegas tunnel for entry.
Additionally, it got support at Fib 0.382 and uptrend line.
Therefore, we can buy it with trading strategy as below.
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Profit Targets:
a) 0.9708----Fib(1)
b)1.0395~1.0673--------Fib(1.272~1.382)
c) 1.0971----Fib(1.5)
Stop losses:
a) 0.8127-----Red horizontal ray
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CHRUSDTIf the candle go below the S&R Trendline , i think CHR will go down to approx. 0.8-0.68 Dollar
SP 1 : 0.8
SP 2 : 0.7-0.68
otherwise, if the candle hold above the S&R Trendline , i think CHR can go up to 1-1.4 Dollar
Target 1 : 1
Target 2 : 1.14
note : My price point maybe inaccurate
Trade safely
Chromia post-parabola (Return of the bulls)Chromia went on a correction phase after a 3.5x parabola last November and has found its bottom at around 0.5$.
The asset started a 3-week re-accumulation phase and finally broke out of the trading range.
The 0.382 fib level acted as a rational resistance on the way up and lead to the formation of a H&S pattern which consequently pulled the price down to have a successful retest of the former resistance at 0.68.
The current level can act as a new support zone and will potentially take the price up to the marked zones. A return to the green box will invalidate the idea.
CHRUSDT Daily TA : 01.01.22 : $CHRFrom the previous analysis, the price has not increased by more than 50% and is still reaching new targets.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 01 . 01 .2022
⚠️(DYOR)
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