CHR
✳️Chromia/USDT (8/11) View + Trading Plan #CHR $CHRAfter hitting the 0.035$ zone as our previous analysis, CHR is in pretty bad situation and heading to the 0.018-0.02$ or even 0.013-0.015$ support zone.
Only when the CHR closes the 1D candle above the 0.025$ zone, CHR will move up to 0.035$ zone
📈BUY- LONG
- Buy: 0.018-0.02$, stoploss if B
- Buy: 0.013-0.015$, stoploss if B
📉SELL-SHORT
- Sell: 0.023-0.025$, stoploss if A
- Sell: 0.018-0.02$ if B, stoploss if A
♻️BACK-UP
- Buy close to 0.023-0.025$ if A, stoploss if B
- Sell: 0.034-0.036$ if B, stoploss if A
- Sell: 0.048-0.05$ if B, stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Chromia ( $CHR ) on the way up! Easy +100% with Crypto Gents CLBAfter Chromia was in a long downtrend we can see now some nice volume and pattern printing out.
At the moment the price is not perfect to enter the trade but the green rectangle zone you can allocate some % of your capital to enter this trade.
Risk: 7
Reward: 8
CHRUSDT AnalysisAt this moment, there are 3 SELL signal present and I'm BEARISH .
So, I don't think this is a good time to buy yet.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.033) for 1D to buy,
3- You can buy when candles touching the support line (0.017).
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
CHRUSDT ANALYSISI have 3 positive signals.
ıf you hold this coin time to sell it or you can wait for a while to see any EngineeringRobo' s sell signal
if the resistance line turns to the support line you can buy it and you can watch EngineeringRobo' s signal
Have a good trade . If you want to use EngineeringRobo please dm me.
CHRUSDT AnalysisI am mostly positive about CHRUSDT. The chart has been above the upward trend (support line) for quite some time now. The MA 20 (blue line) is moving above the MA 50 (yellow line), indicating that it is time to buy it. If the chart breaks the 0.06935 resistance level, after confirmation with an open-close candle I can buy it. If the chart breaks the support level below, then I will sell it.
Chromia (CHR) Easy 55%+ MappedChromia (CHRBTC) can easily grow another 50%+ now that its price is trading above the 0.786 Fib. extension level marked with a dashed orange line on this chart.
This chart set up here is strongly bullish... The candles and indicators are all pointing up.
This is not financial advice.
Additional details on the chart.
Namaste.
CHR crypto longI started buying in parts and will be adding if it goes down.
It might bounce of fibonnacci 0.618 level as it is usually leaning towards higher probability for corrective wave to reach this level and reverse.
I would buy in three parts 0.038, 0.037 and 0.036
Stop loss 0.0345
Basic elliot wave count in the chart.
It is a short term trade hence the time frame.
On 5 to 15min time frames if reached critical levels will be much oversold according to RSI.
Selling power seems to be dimishing as well.
Significant level of support is around 0.037 which if broken, denies the idea IMO.
It also looks like it is forming a falling wedge on a short time frame, which is more bullish than otherwise.
Opinions?
Patience time for CHRBTC.Hello Traders,
We are only starting to look bullish on CHRBTC when the price goes back above 370 sats area and start a bullish structure with higher highs and higher lows.
We also have a support level on 300 sats area lets see how the price behaves on this level, but for now, it is time to do nothing on CHR besides what the price behavior.
Patience is a key point for every successful trader in the market.
Push the like Button and follow us on TradingView.