CHRUSDT trade ideas
CHR Long IdeaCHR is in the beginning of an uptrend on HT as price is creating HH and HL. Ichimoku cloud turned bullish again. On 30M TF we bounced off of the 50 EMA and the Ichimoku cloud, MACD is about the make bullish cross and the RSI is above 50% line. This was enough for me to enter Long position targeting the previous swing high.
NFA
CHR/USDTCHR breaks the long resistance of $0.3 and also did multiple retest. The next major resistance is $0.43-$0.47 area. You can add some CHR near $0.33 with a stop loss of below $0.29 area. NFT is still a hot trend and we may see upwards movement in CHR.
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Chromia Coin PredictionAs we can see in the chart, chart is forming CUP & HANDLE pattern. In usual cases its long but due to current market affairs we are not 100%. If it Breaks the resistance i have drawn and so the market condition is good as well than, We may Probably See near by Ath. For more updates follow.
CHRUSDT - LONGCHR has broke above the corrective downtrend on the daily and weekly timeframe with a strong impulse to the upside, the impulse has been followed by a correction on the weekly timeframe to test the 0.50 fib and form a new higher low from a weekly perspective. Dropping down to the 4HR timeframe we can see since the corrective move the market has found support and is now accumulating in a sideways movement, a break above this resistance will send the price.
CHR/USDT is gonna Increase soonHi every one
CHRUSDT
CHR/USDT has formed a double bottom pattern and this means after the break out happens the price can Increase as much as the measured price movement.after the break out happens the price can reach around 0.36.
summery:
-CHR/USDT can do a Good bullish Movement.
-It can reach around 0.36
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
CHRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. As you can see, the price is moving inside an uptrend triangle. We intend to enter the trade after breaking the resistance line for the above goal. But if the price penetrates below the support line, we consider the fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🆓Chromia (CHR) Aug-7 #CHR $CHRThe buying force appeared at $0.3 area, this is an important support area of CHR because it will decide the next trend of CHR. If CHR doesn't lose this zone, it will rise sharply to $0.4, $0.48 or even $0.7 this August. But if it loses this $0.3 zone, it will fall sharply to $0.25 or even $0.2 area
📈BUY
🔴Buy : 0.293-0.307$. SL if B
🔴Buy : 0.39-0.41$ if A. SL if B
📉SELL
🔴Sell : 0.39-0.41$. SL if A
🔴Sell : 0.47-0.49$. SL if A
🔴Sell : 0.68-0.72$. SL if A
♻️BACK-UP
🔵Sell : 0.293-0.307$ if B. SL if A
🔵Buy : 0.244-0.256$ if A. SL if B
🔵Buy : 0.195-0.205$. 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
CHR Chr formed strong support at 0.2911 we got 0 closed below it so that is basicaly wicks below that line and that means 0.2911 is very strong support. We didn't get strong bounce but atleast protected that level as crucial support level for futures. I bealive we will see 0.37 or atleast 0.45 in next 7days. Hope you guys enjoy with my analisis.
CHRUSDT UPDATECHR CHR is testing the previous weekly resistance as new support, since breaking above this zone with a strong bullish impulse we are expecting to see the continuation to the upside and market to form a higher high from a weekly perspective we are waiting on lower timeframes for a valid entry according to our strategies.
Familiar pattern? Cup and handle I believe its called?
looks like a heck of a move could be coming soon!
Will it take off like it did the first time?
Could there be some news that could push this up alot higher
It did hit around .76 on the last move and if the cup and handle strategy works by my measurements the target now is around .70 which gives a nice 100%+
Could also go alot higher but I would feel good with that much gains
Even though I currently do not hold a position in this coin im strongly considering making a move
When will I feel safe to enter this trade?
Once there is a bullish candle that breaks through the handle I will most likely enter a trade
If you do not know about this pattern please look it up.
CHR// 50% Pullback + Triangle Current Pull back floor @ 50%, completing the descending triangle, with a strong break of the short term downtrend.
Forgot about this pair and didnt get the entry I wanted, so now I'd Ideally want to enter when and if price finds support above 38%.
Also testing a curved TL theory, this current test should suggest price appreciates from current level.