CHRUSDT trade ideas
#CHROMIA @ Support - SWING LONG #CHROMA #Chromia 4 Hour Analysis
Leverage - 10 x
Entry Price - $0.3579
Stop Loss / Loss - $0.3400
Exit Price - $0.4092 (Target 1) $0.4433 (Target 2)
Risk to reward - 5 to 1
Candle Sticks - Morning Star, Tweezer Bottom, Reversal Pin
Chroma has found support and the bulls are looking to swing up.
Best of luck, let me know your thoughts in the comments!
🆓Chromia/USDT Analysis (6/4) #CHR $CHRThe buying force appears at 0.35$ and it is forming the Higher Lows pattern. If it can hold 0.35$ zone, it will move up to 0.45$, 0.6$ or even 0.95$ zone in this April
📅EVENTS
👉Jun 30 : Exchange Staking
📈BUY
-Buy: 0.34-0.36$. SL B
-Buy: 0.44-0.46$. SL B
📉SELL
-Sell: 0.44-0.46$. SL A
-Sell: 0.60-0.63$. SL A
-Sell: 0.93-0.97$. SL A
♻️BACK-UP
-Sell: 0.34-0.36$ if B. SL A
-Buy: 0.2-0.22$. SL B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
🔥 CHR Potential Break Out SoonOver the last month, CHR has formed a nice triangle for us to trade. This triangle came about after the stunning growth that CHR saw in February and early March. After such gains in a short period, it's logical that the price needs to cool down a bit before resuming it's way up.
Seeing that the current state of the crypto market is exceptionally bullish, I'd see CHR break out of the triangle soon, potentially forming a new ATH in the near future.
Happy trading!
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