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: $0.447
CHRUSDT trade ideas
CHR can try to brake resistanceCHR in triangle. Can test it soon. Daily cumulative delta in plus, but when i'm checking h1 delta i see some problems. There is interest from 0.35$ to 0.37$, but trend is bad. There is no events on calendar up to jul 2021. I think CHR will try to brake resistance, but then go down. So i got some tokens, but will sell it on resistance brake attempt.
CHR is tighting the range, Breakout comingCHR is now forming a symmetric triangle and is fighting the range. A breakout will start a new rally in CHR. We have seen how CHR pump when news release. CHR team is working hard on the developments and partnerships and CHR has a lot of positive news coming in the next few weeks.
Buy Zone: $0.33 - $0.335
Target: $0.37 - $0.395 - $0.424 - $0.464 - $0.497 - $0.544 - $0.598 - $0.643 - $0.694 - $0.755 - $0.834
CHRUSDT broke trendline ,wait for retest or support and pump 🚀different corrections ahead before start of rise is all explained and obvious on chart
we are looking for best possible entry here two scenarios explained and they are :
Green path :as you can see we expect that support receive on 0.618% of Fibooancci pump market to our target that all shown.
Red Arrow-Green Arrow :we may have more correction to previous strong support zone and after retesting that support and trendline together start of rise .
Targets:
A. 0.3888
B. 0.4188
C. 0.4558
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
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