Chromia (CHR) Chart Mapped | 240% Potential
Right now we are on the bullish zone for the CHRBTC (Chromia) altcoin trading pair.
We hit a lower low compared to May when this pair was added to Binance.
All the gains have been removed.
All the stop-loss have been activated.
Looking for liquid.
Building up...
Now that the bearish wave seems to be over, prices can start to jump.
Additional signals:
- Prices are now trading above EMA10 and EMA21.
- The MACD is showing bullish divergence while trending higher (still below zero though).
- The RSI is also trending high (still below 50). These are early signals.
If you were to use the last low as a stop-loss, for a trade... You would have very low risk compared to the potential rewards. This is a solid setup.
Namaste.
--
This is not financial advice.
We hit a lower low compared to May when this pair was added to Binance.
All the gains have been removed.
All the stop-loss have been activated.
Looking for liquid.
Building up...
Now that the bearish wave seems to be over, prices can start to jump.
Additional signals:
- Prices are now trading above EMA10 and EMA21.
- The MACD is showing bullish divergence while trending higher (still below zero though).
- The RSI is also trending high (still below 50). These are early signals.
If you were to use the last low as a stop-loss, for a trade... You would have very low risk compared to the potential rewards. This is a solid setup.
Namaste.
--
This is not financial advice.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.