Short target 0.1628Following in 4h
We already have a decline form RSI for 1h
Also we got another RSI decline from 4h chart.
TP 0.1628
SL 0.1836
Please wait for candle close for closing in SL point.
CHRUSDT trade ideas
CHR/USDTHi
One of the coins that has not grown in recent days and seems to be left over from the market is chr
which can have a good upward movement,
can be considered specific targets by observing the loss limit.
wish u the best
bb
CHRUSDT Technical AnalysisLong
#CHRUSDT
enter: 0.16
Tp: 0.209
Sl: 0.141
Spot
Don't forget money management!
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
