CHR
CHRCHR analysis:
CHR broke the major support of the $0.47 area and now trading below it. This is not a good sign and we will see more downward movement in the coming days. The next support is $0.37-$0.38 area and the major support is $0.22-$0.24 area. Wait for new entries and use stop loss in open positions.
CHR short or long? (update)what do you think?
long?
short?
My idea is easy to understand and can be easily rejected.
So let's put this perspective aside by limiting the market with painting and a few lines.
The market does not respect our lines.
The market is going through its process, and it is we who have to deal with the market trend.
I have always told my friends and now we tell you one of the most important rules of the market (trade with trend).
After reacting and reacting to the price range, try to enter the market and follow the trend.
CHR/USDT TRADE SETUP! Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CHR/USDT Trade Setup. CHR looks good here.
Breaking out from the descending channel in 2hr time frame. Currently, it's facing some resistance here. Once we break above this resistance then CHR will easily give us 20-25% profit. So I'm accumulating this.
Entry range:- $0.54-$0.56
Target1:- $0.596
Target2:- $0.622
Target3:- $0.644
Target4:- $0.682
SL:- $0.52
You can use 2x-4x leverage in this trade.
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Also, share your views in the comment section.
Thank You!
Chromia Loading up for a big moveHere's a quick Look at CHR daily chart. As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The best entry would be, when the price breaks above the descending triangle with good amount of volume. Definitely one to keep an eye on.
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 0.97$
2. 1.2$
3. 1.5$
4. 2$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
CHRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
we are in the daily time frame. There is the S1 support line which has supported the price. If it holds, it can move up to the R1 resistance and then R2. You can buy it here or you can also wait for it to touch S1 and buy there.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
CHR (Update)CHR broke its major resistance level turning it into a major support zone. The daily chart has a lot of wick showing rejection. 4-hour charts seem to be taking retests on the zone. You can open buy positions within the zone with small risk and rest if price dumps.
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Chromia Loading up for new ATH! Keep an eye on this oneHere's a quick Look at CHR 6 hr chart. As we can see, the price has printed a bigger Cup & handle pattern and and a break above 1$ could lead to a revisit of previous ATH! CHR has been doing well while the rest of the market has been down. Its just about time when we see a New ATH for this coin! Definitely Keep an eye on this!
The best entry would be, when the price breaks above 1$ with good amount of volume .
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The idea is: Buy when the price breaks above 1$ and take profits at the levels shown in the chart.
Targets:
1. 1.08$
2. 1.2$
3. 1.5$
4. 2$
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
CHRUSDT Playing like a legend :)Hi guys . we got a good situation with CHRUSDT . let 's see
he was playing on a big respectable major S&R channel that he has broken recently.
we got 2 scenario here .
1 : pass the Res Zone
if he pass that green zone that means CHR have a strong buyers and we will look for Entries and buy positions.
2 : reject the Res Zone
also if he reject that greeny area , with high possibility will come back and retest upper (50%) major channel and then will try to strike that green area .
That 's it :)
Happy to listen your ideas about CHRUSDT too :)
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GO LITTLE ROCKSTAR
Chromia 12H TA : 01.15.22 : $CHRAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.Jan.22
⚠️(DYOR)
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