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CHR

CHRUSDT { CHROMIA } - BULLISH SETUPANALYSIS 🔎 - CHRUSDT hit an all-time high and retraced. - Price is retesting the flip horizontal support. - There's a relatively high concentration of buyers at this zone. - The retracement was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - This is a bullish signal. - Price action is printing an ascending triangle pattern at the breakout region. - This is a bullish build up pattern. BUY ENTRY ⬆️ - Breakout above the ascending triangle resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). SETUP INVALIDATION ❌ - Breakdown below the flip horizontal support.
Long
by Chibuike_Odoh
🆓Chromia (CHR) June-18 #CHR $CHRCHR is still accumulating buying in the past 1 month and as long as CHR conquers the $0.2 zone during this period, it will be easy to see a strong recovery to the $0.24 and $0.32 zone in the next few days. But if CHR loses the $0.18 zone, it will have a strong correction to the $0.14 zone 📈BUY 🔴Buy : 0.176-0.184$. SL if B 🔴Buy : 0.195-0.205$ if A. SL if B 📉SELL 🔴Sell : 0.195-0.205$. SL if A 🔴Sell : 0.235-0.245$. SL if A 🔴Sell : 0.315-0.325$. SL if A ♻️BACK-UP 🔵Sell : 0.176-0.184$ if B. SL if A 🔵Buy : 0.137-0.143$ if A. 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
Long
by CryptoStation