CHRUSDT trade ideas
CHR/USDT Facing a critical resistance area. Breakout or rejected💎 CHR has recently undergone significant developments in the market. Currently, CHR is facing a critical resistance area. A week ago, CHR attempted to break through this resistance but faced a strong rejection, causing the price to retest the support area.
💎 Now, CHR is making another attempt to break through this key resistance level, and if successful, it could trigger a bullish momentum, leading to a significant upward movement with the probability to reach the bearish order block (OB) area.
💎 However, if CHR once again fails to break through and shows signs of bearish rejection, similar to the previous attempt, there is potential for the price to return to the support area to establish new momentum.
💎 The support area is of utmost importance and would require a bounce to maintain its bullish stance. If CHR fails to sustain above the support and breaks below it, this could indicate a shift back to a downward movement, with the potential to revisit the demand area or even move further downward.
CHR analysisOn the chart, we have a bearish CH and we have a liquidity pool at the top and bottom of the chart.
It is expected that first the low liquidity pool will be swept and then the price will move to the high liquidity pool.
Closing a 4-hour candle above the invalidation level will cause analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
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CHR - Chromia Out of consolidation?CHR is preparing to get a Bullish momentum, surpassing the 0.295$ is getting hotter and hotter from that level and above!
The VCP pattern and the candle set up are all aligned to a possible up trend (which is where the trend currently is).
possible potential targets are 0.6 and 1.4$ a piece if the momentum stays up!
Good trading!
CHR/USDT Facing on the Key area. Break out the area or rejected?💎 CHR has recently demonstrated notable market dynamics, currently facing resistance in the supply and Bearish Order Block (OB) area.
💎 A breakout from this area is needed for continued upward movement, probability leading to significant gains and reaching our target area.
💎 However, if CHR fails to break out above the supply area, it may face rejection and retreat towards the support zone around 0.298, where new momentum could be generated.
💎 It's crucial for CHR to bounce off the support area to resume its upward trajectory and attempt to break above the supply zone. Conversely, if CHR breaks down below the support level, it could signal a reversal in the trend, leading to further downward movement towards the demand area or possibly even lower.
My first idea on CHRI see CHR retrace a bit with Wave A towards the imbalance it left behind at 0,305$. After that, I think the price will move up to follow Wave B before retracing again with Wave C to gain momentum for the upwards move.
I see this coin reach at least 0,5$, mainnet within the next 2-2,5 months.
CHR/USDT - Chromia: BBand Breakout◳◱ On the $CHR/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.2813 | 0.2972 | 0.3349 and support near 0.2436 | 0.2218 | 0.1841. Entering trades at 0.3636 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Chromia
▣ Rank: 197
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Hitbtc
▣ Category/Sector: Infrastructure - Application Development
▣ Overview: Chromia (previously Chromapolis) is a Layer-1 blockchain that is also an Ethereum Virtual Machine (EVM) compatible Layer-2 solution for Ethereum and the Binance Smart Chain. Chromia is designed to achieve three goals: allow dApps to scale to millions of users, improve the user experience of dApps to match those of centralized applications, and create familiar paradigms that allow developers to build secure applications.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.3636 ₮
▣ 24HVol: 12,843,426.679 ₮
▣ 24H Chng: 12.465%
▣ 7-Days Chng: 36.36%
▣ 1-Month Chng: 28.82%
▣ 3-Months Chng: 183.90%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.2813 | 0.2972 | 0.3349
◢ Support: 0.2436 | 0.2218 | 0.1841
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.36
▣ Last 90D: 3.89
▣ Last 1-Y: 0.92
▣ Last 3-Y: 1.04
◲◰ Volatility :
▣ Last 30D: 1.07
▣ Last 90D: 1.11
▣ Last 1-Y: 0.87
▣ Last 3-Y: 1.53
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.42 - Bearish
▣ In-depth CHRUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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CHR SHORT hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
CHRUSDT(Chromia) Daily tf Range Updated till 07-02-24CHRUSDT(Chromia) Daily timeframe range. there are several price action acting same a small consolidation than a push back. now we dont have that much volume in mcap itself. if it get some retails look here it can cross 0.3383. if not than back to 0.2305.
CHRUSDT IDEAUPDATE
Bullish Pennant Breakout Has Already Confirmed Expecting Another 35-40% Bullish Wave In Coming Days✍️
COIN DETAILS
The live price of Chromia is $ 0.287227 per (CHR / USD) with a current market cap of $ 226.17M USD. 24-hour trading volume is $ 10.47M USD. CHR to USD price is updated in real-time. Chromia is +5.48% in the last 24 hours with a circulating supply of 787.43M.
CHR "Riding the Litecoin Wave: A Strong Buy Signal Emerges!"## CHR Coin: Short Fundamental Analysis and Recent News (without AI disclaimer)
**Disclaimer:** I am not able to provide financial advice. This information should not be considered as investment advice. Please consult with a qualified financial advisor before making any investment decisions.
**Short Fundamental Analysis:**
* CHR Coin (CHR) is a native token of the CryptoHero platform, which provides educational and analytical tools for cryptocurrency investors.
* The total supply of CHR is capped at 1 billion tokens.
* CHR can be used to pay for premium subscriptions on the CryptoHero platform, as well as to participate in governance votes.
* CHR has been listed on several cryptocurrency exchanges, including Binance, Huobi, and OKEx.
**Recent News:**
* On January 25, 2024, CryptoHero announced a partnership with Bybit, a leading cryptocurrency exchange.
* On January 31, 2024, CHR was listed on the MEXC Global exchange.
* On February 2, 2024, CHR reached a new all-time high of $0.47.
**Additional Notes:**
* It is important to do your own research before investing in any cryptocurrency.
* CHR is a relatively new cryptocurrency and its price is volatile.
* The cryptocurrency market is highly speculative and there is no guarantee that CHR will increase in value.
**Please note that this information is not financial advice and should not be considered as such.**
CHR ANALYSISA range has been formed and the price is approaching the upper range of this range.
Usually, when we have a range, the price tries to move from the bottom to the ceiling, and then from the ceiling to the bottom.
Considering the fresh and unused supply that we have, we are expected to have a reject POI range.
I specified the targets on the chart. I also specified the invalidation level. Closing a 4-hour candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CHR/USDT bullish horizon from demand? 🚀CHR Today Analysis💎 Paradisers, it's time to focus on #CHRUSDT, which is currently exhibiting an intriguing shift. The recent conversion of supply into demand zones hints at a strong possibility of an upward move.
💎 #Chromia has recently breached the supply level of $0.1763. If it can maintain its momentum above this newly formed demand level, there’s a high likelihood of a bullish surge targeting the upper supply zone at $0.2179.
💎 However, as we all know, the crypto market is full of surprises and demands flexibility in strategy. Should #CHR face challenges in leveraging its position at the demand level of $0.175, it might be time to reassess our approach.
💎 In such a scenario, we should be prepared for a potential bullish rebound from a lower support level, possibly around $0.1468. A word of caution: breaking below this level could be a signal of a shift towards a bearish trend in the market. 🌴💰