CHRUSDT trade ideas
CHR/USDT : Triple bottom? 250% gain?We can clearly see prices of CHR /USDT have touched three times 0,28$ support line with low volume . Everytime we touch this bottom line we can see a buying pressure with volume .
next levels are 0,48$ (middle of the range) / 0,66$ (high of the range)
>>>> and then 1$ !!!
It's approximatively 250% gains.
NOT FINANCIAL ADVICE/ DYOR
TRADE SAFE
CHRUSDT Binance Read descriptionOpen 2 positions in hedge mode.
What is hedge mode?
It is trying to catch a trend. Without losses, the only thing that kills us here is the commission.
This is done when we are at an indecisive point.
Exchange CHRUSDT 1d Binance
Price: 0.34| 0.34| 0.36
Vol: 80,996,538|99,440,839|106,329,143
ATR: 0.0579
✅OBV: 6.6 B| 6.7 B| 6.8 B
⚪️RSI: 49.02| 49.51| 53.21
⚪️MFI: 41.38| 38.73| 50.63
⚪️CCI: -103.21| -33.00| -24.93
❌WR%: -56.87| -73.56| -30.46
✅ADX: 29.58| 31.08| 31.97
❌MOM: Bearish Momentum
❌SMA: Price Below SMA Bearish
❌ADI: -DI > +DI Bearish
❌MACD: Bearish
❌PSAR: Bearish
Support And Resistance
S: $0.310
R: $0.336
R: $0.359
R: $0.381
R: $0.398
R: $0.413
R: $0.447
#CHR, #Chromia after the Wedge?A quick look at #Chromia (#CHRUSDT, #Binance, 4HR):
Price timidly broke the upper resistance of the wedge pattern on April 8, but it has also been trading within a range since March 16.
CHR needs to break R1 before aiming to TP1.
If rejected at R1, price should go back to the EMA200 or S1 and, if that does not hold, to S2.
If you want to read more about Chromia on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
