CHR EXUDES CONFIDENCEClearly, we can witness an inverse H&SH pattern, which is a bullish sign.
MACD is on the verge of a positive cross, and the MACD in the 12H timeframe confirms that.
Stoch RSI, also, showcases a positive cross.
RSI seems poised to climb higher.
MA100 & EMA50 are solid walls of support. If conquered robustly, MA50 could boost the momentum.
Volume is decent.
Support zones are designated in green, and resistance areas are in red.
Plus, fundamentally speaking, Coinbase Custody has recently added this coin to its list.
My targets are: 0.60/0.68/0.80/0.89
CHR
CHRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price can follow the reverse pattern and we can place a buy order in that area for the above purposes and those who do not want to trade risk can enter the trade after breaking the top line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Chromia CHR $0.65 soon !Chromia long overdue correction and consolidation !
Finally we can see some price action and the journey to $0.65 begins !
Buckle up we moon soon !
First stop for chromia is gonna be $0.65 , consolidate a bit then shoot all the way up beyond $1 !
May the Gains be with us all !
CHZ/USDT MARKET CYCLE EXPLAINED Good day!! Green weekdays ahead.
In my technical analysis, in this chart explains the market phases. It is very important to study about these phases to increase your win rates in trading and also to avoid to be in distribution phase.
as of now I'm very bullish on CHZ/USDT.
In this chart, 2 cycles occurs.
as of today, i guess we're on accumulation phase of the market and i guess it is ready again for it's mark up for it's 3rd cycle of the market.
trade responsibly.
Trade with a plan.
#CHR, #Chromia after the Wedge?A quick look at #Chromia (#CHRUSDT, #Binance, 4HR):
Price timidly broke the upper resistance of the wedge pattern on April 8, but it has also been trading within a range since March 16.
CHR needs to break R1 before aiming to TP1.
If rejected at R1, price should go back to the EMA200 or S1 and, if that does not hold, to S2.
If you want to read more about Chromia on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!