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
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.
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CHR Mid-Term & Long-Term SetupEasy sell signal at top of the channel. Now looking for re-entry positions.
Possible re-entry levels:
$3.06-$3.20 (Dotted Line inside channel) - Not only is there so much price action here it also lines up with the 50MA. Could be a great bounce target.
$2.55-$2.75 (Bottom of Channel) - This is key support of the channel and would probably have a lower chance of occuring but in my opinion is a grea long-term hold. If we give up this key support level then we could see much lower prices depending on the overall market conditions.
CHR Mid-Term & Long-Term SetupEasy sell signal at top of the channel. Now looking for re-entry positions.
Possible re-entry levels:
$3.06-$3.20 (Dotted Line inside channel) - Not only is there so much price action here it also lines up with our 50MA. Could be a great bounce target.
$2.55-$2.75 (Bottom of Channel) - This is key support of the channel and would probably have a lower chance of occuring but in my opinion is a grea long-term hold. If we give up this level we could see much lower prices depending on the overall market.
Chromia (CHR) Gaining Momentum (Short-Term Targets Mapped)Chromia (CHRBTC) is now gaining momentum after breaking above EMA200.
We can easily see strong growth here since MA200 was tested as support and hold.
The next short-term target is marked on the chart.
We are looking at 15% to 65% on the next jump.
This is not financial advice.
Namaste.
CHR | Getting Ready for Bullish Move...!!#CHR (Update)
Forming Symmetrical Triangle in 8h Chart.
Major Indicators Turning Bullish but Need Bullish Volume for Breakout.
In Case of Breakout, Expecting 15-20% Bullish Movement
Major Resistance : 240 Sats
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Chromia Upcoming Uptrend Mapped (180% Target)Chromia (CHRBTC) is starting to look pretty good and can easily gain bullish momentum... Let's start with the project overview.
About Chromia
Executive Summary
Chromia is a new blockchain platform for decentralized applications, conceived in response to the
shortcomings of existing platforms and designed to enable a new generation of dapps to scale
beyond what is currently possible. Chromia was previously named Chromapolis.
Source: Chromia.com
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For CHRBTC, we have a new uptrend taking form and strong volume showing up.
With a strongly bullish RSI and MACD, this altcoin pair is ready to grow.
Prices are trading above MA200.
All the signals are bullish on this chart.
Make sure to have a plan/strategy before you decide to trade.
This is not financial advice.
Namaste.