CHRUSDT trade ideas
Is this the retest CHR never made of its breakout?CHR has almost retested the previous breakout triangle which it had basically left untested since its breakout. CHR had failed to pass 1.5$ now at 0.65 currently it seems like a treat of a buy.
big resistance at 1.20$ and 0.80$
#CHR_Hodl_Signal Strong signalCHR /Usdt looks ready for very big move
As we see the similarity in behavior
Once CHR breaks out the triangle pattern , it will move to targets
Stop lose : 1.038 4h cnadle
best wishes for you
bearish channel ...my idea for chr worked and now a bearish channel created and mid line is a good support and another support show in chart.
Keep an eye on CHR - We will see a bigger move soon!Here's a quick Look at CHR 4 hr chart. As we can see, the price has been forming a bigger falling wedge and we could see a break either way soon! BTC just needs to get stable. Keep an eye on this falling wedge!
The best entry would be, when the price breaks above 1.12$ with good amount of volume .
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The idea is: Buy when the price breaks above 1.12$ and take profits at the levels shown in the chart.
Targets:
1. 1.18$
2. 1.3$
3. 1.5
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
CHRUSDTHello, in one day, there was a divergence in the RSA in Arzumen, and the price returned below 38.2 by drawing Fibonacci lines, which is a sign of an upward trend. Do not use this analysis for trading.
chr something big comingdo hold some chz
there are rumours of chz 2.0
this could be very major news
keep close eye
CHROMIA expected monthly return of 100%, 300% best caseI have been waiting for such an opportunity for so long and in this idea, I clarify my logic behind this expectation. there are significant fundamental reasons behind the recent surge in volume , and volatility of CHR however this fundamental discussion is out of the scope of this idea. Please refer to chromia.com in order to get more information about Chromia.
CHR has a current market cap. of 700million USD which puts it in the low market cap category. Exchange volume indicates big room for growth as long-term holders refuse to sell during periods of below-average prices. since the end of October, a significant surge in interest in metaverse-related crypto assets led to a surge in volume and volatility which helped CHR break out of its long-term stationarity around $0.35. Now the most important question to be asked is whether Chromia which is a cross-sectional momentum winner over the past month will experience time-series momentum. in other words, as a matter of fact Chromia has outperformed most of its peers over the past month, the question is wether this monthly return of 200% will be repeated, a pattern reffered to as autocorrelation. well, quantitative data suggest this is very likely in the current case. However this relies heavily on the public's interest in metaverese and gaming related crypto assets also it is worth noting that crypto inevstors usually invest in higher cap less riskier projects like decentralnd and sandbox first pumping their prices then rotating into lower cap ones.
my conclusion is that Chromia has very high potential because of the infrasturcture that offers for gaming community and technicals also support this. please have a quick read about relational blockchain in order to appreciate the potential of Chromia as the future of blockchain.
Thanks a lot for your time and let me know your opinion in the comments.
Mostafa
CHR/USDT 4HOUR UPDATEWelcome to this quick CHR/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- CHR/USDT is bullish trend conform retest buy the dip and green zone
Entry:- buy green zone
Traget:- 25% to 30%
Stoploss:-100 moving average downside candle close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
CHRUSDTCHRUSDT Outlook Secara Pink Line Adalah
target MAX
Atauy Battoming Support Atau lanmtai Bounce
KEEP DESCLAIMER ON
update idea !!!we can update last analysis by this analyse.
support line extended and in this analysis use normal chart (non logarithmic).
2 rule can set. if break resistance line and pullback we can long on it and if resistance line worked the 5 wave confirmed and after break support line we can use short.
see macd and rsi resistance line !!!!!! can create a new bearish divergence.
%%%%%In the previous analysis you could get at least 7% in short.%%%%%%
wait for chart .
CHRUSDTBy examining the currency in one-day and one-week time and the existence of divergence in Makdi and RSA and breaking the downtrend line in RSA, we open a buy position and place the SL and the target according to Fibo lines. This analysis is not suitable for trading.
CHR / USDT in a falling wedge pt3. 🔥Had to come back and make another chart on CHR / USDT (Chromia). I've been scoring decent gains on the ranging motion of this one, but overall I have expectations that this will perform well on the longer-term (as well as Chromia's daugther MyNeighborAlice). Here seen in a Falling Wedge/Symmetrical Triangle pattern.
If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1.31$
TG2 - 1.34$
TG3 - 1.37$
TG4 - 1.415$
TG5 - 1.44$
TG6 - 1.48$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Chromia:
"Chromia is an open source public blockchain conceived of by Swedish company Chromaway AB. The Chroma token ( CHR ) was launched in May of 2019. The technology behind the Chromia blockchain is adapted from an earlier technology called ‘Postchain’, a solution provided by Chromaway AB for enterprise clients."
Source: Coinmarketcap
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$CHR/USDT QUICK UPDATEHELLO GUYS,
I bought $CHR at the last week of oct, selling 100% of mine now and guess what, am buying back at
40% - $1.00
35% - $0.75
25% - $0.60
My trading hint
GOOD LUCK
CHR, MY SHORT POSITION...My short position is running after retesting the previous trend support... Nice support levels are shown on the chart above.
*Not financial advice.*
CHR Loading up for a bigger move - Keep an eye on this! Here's a quick look at CHR 2 hr chart. As we can see, the price has printed a symmetrical triangle and we could see a break to the upside soon. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above 1.35$ with good amount of volume .
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The idea is: Buy when the price breaks above 1.35$ and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 1.38$
2. 1.43$
3. 1.5$
4. 1.7$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
long or short? if break resistance line and pullback can be good for buy . but i think this resistance is not broken and support can be break.
in macd and rsi have bearish divergence .
wait for chart...
CHRUSDT BullishCurrently @ Third wave
Bullish Cup and handle
Fifth wave targeting
3.5 - 4$
Not a financial advice
MY VIEW ON CHR/USDTI believe CHR/USDT is ready for a moonshot. I believe we will soon see CHR break its previous resistance, rally up for a while before giving a fine retest that will lead to bigger bullish move. An entry after its retest would be more conservative.
Disclaimer: This is just my view. Its not a signal. So please, do your own analysis!
CHR Loading up for a bigger move! Here's a quick look at CHR 30 min chart. As we can see, the price has printed a bigger bull flag and we could see a break to the upside soon. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above 1.3$ with good amount of volume .
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The idea is: Buy when the price breaks above 1.3$ and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 1.3$
2. 1.43$
3. 1.5$
4- 1.7$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
CHR/USDT 1 HOUR UPDATE Oct 27
Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
CHR/USDT broke out of the triangle and currently retesting it .
Entry: $1.2600 TO $1.2000
Targets: 305 TO 50%
Stop Loss: $1.186
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
CHR / USDT in a falling wedge pt2. !CHR / USDT - a personal favourite - here seen in a falling wedge formation.
If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1.31$
TG2 - 1.35$
TG3 - 1.4$
TG4 - 1.43$
TG5 - 1.5$
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Chromia:
"Chromia is an open source public blockchain conceived of by Swedish company Chromaway AB. The Chroma token (CHR) was launched in May of 2019. The technology behind the Chromia blockchain is adapted from an earlier technology called ‘Postchain’, a solution provided by Chromaway AB for enterprise clients."
Source: Coinmarketcap
