Get started

CHR

Bullish Reversal (Head & Shoulders) For CHRUSD (Chromia)A Head & Shoulders is starting to play out on 4H TF on CHRUSD. The H&S pattern is yet to be validated when price closes above the neckline. Head& Shoulders are one of the most profitable patterns in markets! Chromia has a relatively small market cap of $170 million at the time of writing. Technical insight: On the Daily TF you can see the big move was accompanied with big volume . CHR is getting attention of bulls, however price is currently testing somewhat resistance. Resistance looks weak comparing it with the pump: Good pump with good volume. Looking at the overall volume in this market, the majority is buying despite the recent big drop. Small Fundamental insight: Chromia is a blockchain for building dApps & to create NFTs. Blockchains with support for NFT development have been exploding recent weeks, now they're consolidating, which is a good sign. Maybe you know the token ALICE ? The token got listed on Binance and skyrocketed 25.000% (!) on its listing which created alot of attention around this token. The reason I mention ALICE is that it is built using the Chromia platform. It is a multiplayer blockchain builder game, where anyone can buy and own virtual islands and collect exciting items in the form of NFTs. ALICE has a market cap of $270 million at the time of writing and I see Chromia growing towards that direction, which would be an increase of around 58%. Feel free to add any suggestions/feedback!
BINANCE:CHRUSDLong
by jonathanvn
🆓Chromia/USDT Analysis (6/4) #CHR $CHRThe buying force appears at 0.35$ and it is forming the Higher Lows pattern. If it can hold 0.35$ zone, it will move up to 0.45$, 0.6$ or even 0.95$ zone in this April 📅EVENTS 👉Jun 30 : Exchange Staking 📈BUY -Buy: 0.34-0.36$. SL B -Buy: 0.44-0.46$. SL B 📉SELL -Sell: 0.44-0.46$. SL A -Sell: 0.60-0.63$. SL A -Sell: 0.93-0.97$. SL A ♻️BACK-UP -Sell: 0.34-0.36$ if B. SL A -Buy: 0.2-0.22$. SL B ❓Details Condition A : "If 12H candle closes ABOVE this zone" Condition B : "If 12H candle closes BELOW this zone"
Long
by CryptoStation
3
🔥 CHR Potential Break Out SoonOver the last month, CHR has formed a nice triangle for us to trade. This triangle came about after the stunning growth that CHR saw in February and early March. After such gains in a short period, it's logical that the price needs to cool down a bit before resuming it's way up. Seeing that the current state of the crypto market is exceptionally bullish, I'd see CHR break out of the triangle soon, potentially forming a new ATH in the near future. Happy trading!
Long
by FieryTrading
25