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CHR

Will #CHR Bulls Step Up or Are We Facing a Breakdown?Yello, Paradisers! Can the #CHRUSDT bulls gather enough momentum to break out of the descending channel? Let's look at the latest analysis of the #Chromia: 💎After a steady 5-6 month downtrend, #CHR is nearing a crucial decision point as it approaches a major demand zone at $0.1523. This level has historically triggered a bounce, but the question is—can the bulls seize this moment to spark a reversal and finally break out of the descending channel? 💎For #CHRUSDT to set the stage for a breakout, the bulls need to reclaim internal resistance at $0.242—a key level that once served as strong support but has now turned into a significant obstacle. A breakout here, particularly with rising trading volume and support from the 20 EMA, could signal a shift in momentum, paving the way for a rally to the next major resistance. 💎However, if the bulls fail to maintain upward pressure, we could see a pullback to that critical demand zone at $0.1523, potentially retesting the recent breakout point. Failure to hold this level may lead to a slide toward the $0.124-$0.134 range. 💎The real danger, however, lies at $0.124. If this support level does not hold, bears are likely to take back control, potentially initiating a deeper correction and deflating any hopes for a short-term bullish recovery. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
#CHR/USDT#CHR The price is moving within a 12 hour descending channel pattern, which is a strong retracement pattern We have a bounce from a major support area in the color EUR at 0.2000 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it Entry price is 0.2365 The first target is 0.2690 The second target is 0.3180 The third goal is 0.3744
Long
by CryptoAnalystSignal
Alikze »» CHR | Movement in the ascending channel🔍 Technical analysis: Movement in the ascending channel - It is moving in a long-term ascending channel in the weekly time frame. - So far, it has had several reactions to the dynamic trigger of the channel floor. - In the previous rally, as you can see, it had a sharp growth. - The wave correction has extended to the bottom of the channel, while the correction was able to extend to 0.23 fibo of the previous wave. - Therefore, I expect it to enter the next bullish rally after the pullback to the swing and the green box range. - After confirming the range of the green box, the first target will be the range of 0.29 and the ceiling of the channel. If it continues, we should witness the continuation of the upward trend, which will be provided in the following updates if it is realized. 💎 Note: In addition, if the previous floor (Invalidation LVL) is touched, the upward analysis will be canceled from the validity level. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:CHRUSDT
Long
by alikze
Alikze »» OP | Ascending channel🔍 Technical analysis: Ascending channel - In continuation of the analysis presented in the previous post, after dealing with the descending channel, it was corrected for a while. which led to the completion of correction leg C. Finally, the modification leg in the range of PRZ-1 met with demand. - Currently, it is moving in a short-term ascending channel. - Due to the exit from the medium-term downward channel and pullback to it, an upward trend has been formed. - Therefore, I expect it to move upward in this channel and continue its growth until the supply range. 💎 Alternative scenario: If it does not have the ability to exit the golden zone and faces the weakness of the trend, the correction can continue until the origin of the movement. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:OPUSDT
Long
by alikze
CHR - Breakout will push the price higher#CHR/USDT #Analysis Description --------------------------------------------------------------- + Price is trading inside the channel and waiting to breakout from the channel + This breakout could change the downtrend started in early 2024 + A rejection at the resistance could push the price further down. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.21 Stop Loss: 0.1592 ------------------------------ Target 1: 0.2759 Target 2: 0.3481 Target 3: 0.4485 Target 4: 0.7180 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
Alikze »» CELR | Triple Bottom🔍 Technical analysis: Triple Bottom - In the weekly time frame, a triple bottom has been formed at Fibo 0.78. - According to the return candle in the mentioned area, we expect at least this motivational wave to continue its growth until the neckline. - This climb can have at least 50 to 60 percent profit yield. 💎 Also, if the 0.78 area is broken, the bullish scenario will be invalidated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
Alikze »» STRK | Trading range🔍 Technical analysis: Trading range - It is in a downtrend on the 1D daily time frame. - Currently, it is in the area between 0.33 and 0.42 as a trading range. - In case of support in the 0.39 area, it can grow up to the supply area. 🛑 The most important resistance: 0.586 - Due to the fact that there is demand in the current area, this failure can happen from above. - He has tested the swing several times. According to the momentum, there is an expectation of failure from above. - But if there is consolidation below the 0.39 area and there is a break from the bottom, the bearish scenario will gain strength. 💎 Alternative scenario: Considering that the formation of a bearish flag pattern is given, if the 0.39 area is not maintained and stabilizes below the area, we can expect confirmation of the bearish flag pattern, which with the breaking of the trading range area can be a correction as much as the previous leg. experience another. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:STRKUSDT
Long
by alikze
4
CHRUSDT.1DAs I delve into the technical analysis of the CHR/USDT daily chart, it becomes apparent that the market is navigating a critical juncture, reflected by several technical indicators and price actions. Market Overview: The current price of CHR/USDT is $0.2556, witnessing a decrease of 3.15% in the latest trading session. This negative movement needs careful examination against the backdrop of the broader market trends and key technical levels. Trend Analysis: The price has been following a descending trend, as indicated by the downward sloping line that connects the series of lower highs. This trend suggests persistent bearish pressure. Observing this, I note that any strategic decision will need to consider the potential continuation or reversal of this trend. Support and Resistance Levels: S1 at $0.2024: This level serves as the immediate support. The price's proximity to this level suggests it might soon play a crucial role in either halting the decline or, if breached, accelerating the bearish momentum. R1 at $0.3332: This is the current resistance level. A breach above this could indicate a potential reversal or at least a pullback within the ongoing bearish trend. Technical Indicators: Relative Strength Index (RSI): The RSI stands at 49.97, hovering just below the neutral 50 threshold, indicating a balance between buying and selling pressures. This neutral stance may shift if external market forces or fundamental changes impact trader sentiment. Moving Average Convergence Divergence (MACD): The MACD line is slightly above the signal line but very close, suggesting a marginal bullish momentum in the short term. However, the proximity of these lines also signals a potential change could be imminent. Volume Analysis: While not explicitly shown, the volume associated with price movements would provide deeper insights. Increasing volume on downtrends confirms bearish strength, while decreasing volume may indicate weakening bearish momentum. Strategic Trading Advice: In my current strategy, maintaining a cautious stance is prudent. I would monitor the S1 level closely for any signs of a breakdown. A decisive close below this support could open positions for a short, targeting further declines. Conversely, any bullish reversal signals, especially a sustained move above R1, would necessitate a reevaluation of the bearish bias, potentially shifting to a more bullish or neutral trading strategy. Conclusion: The CHR/USDT pair presents a complex trading environment where careful monitoring of key technical levels and indicators is essential. The proximity to critical support suggests that the next few trading sessions could be pivotal. As always, incorporating stop-losses and closely watching market developments will be key to navigating this volatile environment effectively.
by MarsSignals
CHR buy/long setupAfter the heavy drop, it has now broken the trigger line and created a bullish iCH. There is a support area close below the price, on which we will look for buy/long positions if the price reaches this range. The targets are clear on the chart. Closing a daily candle below 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. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
CHR/USDT SHOULD BOUNCE FROM HERE! ACCUMULATE NOW!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. CHR is sitting in the right position here. As you see in the chart, it is holding a good support here which is previously acting as a resistance. There is also a 200MA support here. Expecting a good bounce from here. Buy some now and add more in the dip. Entry range:- $0.192-$0.212 Targets:- $0.34/$0.48/$0.58 What are your thoughts on CHR's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
Bullish rise?GBP/CHF has reacted off the pivot which acts as an overlap support and could potentially rise to the 1st resistance. Pivot: 1.13127 1st support: 1.12690 1st Resistance: 1.13944 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
CHR/USDT falling wedge bullish horizon? 👀🚀CHR analysis 💎Paradisers, observe as #CHRUSDT recently broke out from a falling wedge, indicating a strong potential for a bullish move, with the 100-day moving average currently posing as resistance. 💎 Following the breakout from the falling wedge, the price is now in a demand zone. If it maintains momentum here, there's a high probability it could break through the significant resistance above. 💎 However, given the market's volatility, if NASDAQ:CHR fails to keep up its momentum and drops below the demand level at $0.3018, this could suggest a weakening of the bullish position, potentially leading to a significant decline. In such a scenario, we might see a bullish rebound from a lower, strong support level $0.2503, but breaking below this could result in substantial downward movement. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
CHRUSDT.1DThe daily chart for Chromia (CHR/USDT) shows that the asset has been trading within an ascending channel, indicating a bullish trend. However, the recent price action has dipped towards the lower boundary of the channel, currently at $0.3283, which could be a crucial support level (S1) at $0.2409. The resistance level (R1) has been established at around the previous high of $0.5029. The RSI is slightly bearish at 41.81, and the MACD is below the signal line, both indicating that there might be more bearish momentum in the short term. Traders might look for buying opportunities near the lower boundary of the ascending channel with a stop loss below S1, aiming for R1 as a short-term target. If the price breaks below the channel, it could signal a potential reversal of the bullish trend. It would be wise to wait for a clear signal such as a breakout or a bounce from key levels with confirming volume before making a trade decision.
by MarsSignals