CHROMIA/USDTChromia is looking really nice and ready for a move up, we might be done dipping on this one but there's still the possibility of wicking the green box which is why I recommend setting some lucky orders over there just in case!
Take profits at the blue box if you would like, I personally recommend securing some profits there to readd if it provides a decent pull back.
If not interested in swing trading just close out your whole position at the red box!
CHR
ETHEREUM (Technical Analysis) ✅☑️ #Ethereum was able to continue its uptrend movement above the $ 3,500 resistance. Now with the power in this range, there is a possibility of rising to $ 3,800.
#ETH started a new uptrend after overcoming the $ 3,450 resistance. It then managed to break the $ 3,500 resistance level and the 100-hour moving average.
The uptrend was so strong that even the $ 3,600 level was reached. Ethereum is currently stabilizing at its current high of $ 3,620. It has fallen below $ 3,600 so far and the 23.6% Fibonacci retracement level has climbed from $ 3,361 to $ 3,620.
The ETH/USD pair chart also shows a bullish trend line with support at around $ 3,580. We consider the nearest resistance level upstream to around $ 3,580.
The first strong resistance is the $ 3,600 level. Climbing and closing the top of the candle will probably take the ETH to higher levels. The next significant resistance is at $ 3,720. By crossing it, the conditions for moving to $ 3,800 will be adjusted.
But if Ethereum is unable to climb above the $ 3,600 resistance, a bearish correction will be imminent. In this case, the nearest support level downstream is around $ 3,520.
Below that, the $ 3,500 range and trend line appear to be strong support. The 50% Fibonacci level is near the same level. As support for this range collapses, the $ 3,450 support will likely be tested.
BTC/USDTBitcoin break the trading range because of Walmart fake news. Bitcoin able to back in the range and now trading near 45000 area. The yesterday pump and dump liquidate both long and short positions. Market is recovering a little from yesterday pump and dump. BTC need to break and hold above 46000 otherwise we see a retest of 45000 area.
CHRUSDT🌟this alt has seen a lot of fluctuations in the last 6 months that means this alt came into the watchlists of the whales and big investors that can be played with but the certain goal of this coin for long term is bullish for sure, we enter from this point during a dump of BTC (which is not ended for sure and if the dump was ended it wont be the last in the road to our 1st target) but we are safe during this idea due to far stop loss we put
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CHR (UPDATE)CHR is again heading towards the resistance area and also getting support at the small uptrend line.
You can open short position near 0.43 - 0.46 resistance area (don't use too much leverage) or just wait how it react at resistance and buy after breakout.
The uptrend line support is near $0.37 area.
If you liked my idea, follow me for more.
$CHR/BTC 4h (Binance Spot) Falling wedge near breakoutChromia has formed a bullish pattern and looks ready to break-it, but we may see a last pull-back to 100EMA first.
Current Price= 0.00000871
Buy Entry= 0.00000838 - 0.00000806
Take Profit= 0.00000926 | 0.00001012 | 0.00001132
Stop Loss= 0.00000739
Risk/Reward= 1:1.25 | 1:2.29 | 1:3.73
Expected Profit= +12.65% | +23.11% | +37.71%
Possible Loss= -10.10%
Fib. Retracement= 0.618 | 0.893 | 1.272
Margin Leverage= 1x | 2x
Estimated Gain-time= 2 weeks
BITCOIN (UPDATE)Bitcoin bounce from the structural support zone and hodling above it. On the hourly chart, the price is in a range since Friday.
Right now candles showing some movement. Let's wait for a breakout on either side.
If price breaks below, then we might gonna see $47000 price again.
I'll share more updates!
CHR break resistance trendline !!!Rejection occurs on MA100 and is supported by crosses on MACD. If the closing price is above the trendline, I think the price will go up to $0.457
stay safe trader, always maka your analysis before a trade !!!
if you have any questions write in the comments column....
Happy Trade....