CHRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. As you can see, the price is moving inside an uptrend triangle. We intend to enter the trade after breaking the resistance line for the above goal. But if the price penetrates below the support line, we consider the fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
CHR
🆓Chromia (CHR) Aug-7 #CHR $CHRThe buying force appeared at $0.3 area, this is an important support area of CHR because it will decide the next trend of CHR. If CHR doesn't lose this zone, it will rise sharply to $0.4, $0.48 or even $0.7 this August. But if it loses this $0.3 zone, it will fall sharply to $0.25 or even $0.2 area
📈BUY
🔴Buy : 0.293-0.307$. SL if B
🔴Buy : 0.39-0.41$ if A. SL if B
📉SELL
🔴Sell : 0.39-0.41$. SL if A
🔴Sell : 0.47-0.49$. SL if A
🔴Sell : 0.68-0.72$. SL if A
♻️BACK-UP
🔵Sell : 0.293-0.307$ if B. SL if A
🔵Buy : 0.244-0.256$ if A. SL if B
🔵Buy : 0.195-0.205$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
CHR Chr formed strong support at 0.2911 we got 0 closed below it so that is basicaly wicks below that line and that means 0.2911 is very strong support. We didn't get strong bounce but atleast protected that level as crucial support level for futures. I bealive we will see 0.37 or atleast 0.45 in next 7days. Hope you guys enjoy with my analisis.
chr analyzeAccording to the chart above, as you can see, given that the Saudi currency is trending and hitting higher ceilings, it is likely that this trend will continue to grow.
We suggest that you enter Step 0.335 and 0.305 to buy, so that if the market goes down a bit, you can lower your average on a lower buy.
CHR Long Trade 20210720
Signal: Blue -> Green
CHR , Chromia, CHRUSD, CHRUSDT , CHRUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
LONG CHR/USDTWe made good money by opening a short position on CHR/USDT.
Now the chart looks like it is getting ready to wake up.
Open long entry at $0.183 to $0.202
Use 3x to 5x leverage.
Target: 5%, 10%, and 15%. You can leave few dollars just in case if the price goes beyond 15%.
SL: $0.176
Do not forget to put SL. It is really very important.