CHR
CHR - Nice entry timingBYBIT:CHRUSDT
1H trend chart
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CHR already met Vegas tunnel for entry.
Additionally, it got support at Fib 0.382 and uptrend line.
Therefore, we can buy it with trading strategy as below.
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Profit Targets:
a) 0.9708----Fib(1)
b)1.0395~1.0673--------Fib(1.272~1.382)
c) 1.0971----Fib(1.5)
Stop losses:
a) 0.8127-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
CHRBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. This is the signal which all of its targets were hit. We have an S1 line which the price has hit two times and was supported. The price was able to break the R1 line where our buy signal was issued and has given us around %28 profit. The price can move up from right here or it can have a pullback to S1 and then we can buy. If S1 is broken then there is more falling.
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
CHRUSDT Daily TA : 01.01.22 : $CHRFrom the previous analysis, the price has not increased by more than 50% and is still reaching new targets.
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
📅 01 . 01 .2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Could this pattern repeat on Chromia?Chromia has been doing pretty well after recovering from the december lows. Holding well in this dip and already gaining upwards momentum.
I couldnt help but realise this pattern re occur (one in green rectangle). if you look closer it is very similar and if it plays out could signify a local top at the 618 level of the current fib retracement from the dip.
Furthermore the red line you see all the way down is a trend line that exists from previous ATH to subsequent tops and once that broke CHR flew like there is no tomorrow.
The recent crash wick retested this line so it is possibly a nice confirmation of upward move.
CHR - Buying timing and good R/R ratioBINANCE:CHRUSDT
4H trend chart
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CHR has gotten rid of the downtrend line.
Also, it has met the entry condition of Vegas tunnel strategy(blue arrow)
We can buy it with great reward/risk ratio and trading strategy as below.
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Profit Targets:
a) 0.8929----Fib(1)
b) 0.9923~1.0324--------Fib(1.272~1.382)
c) 1.0756----Fib(1.5)
d) 1.2582----Fib(2)
Stop losses:
a) 0.6868-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
🔥 CHR Bullish Move ExpectedLike many other tokens, CHR is currently seeing a strong bullish reversal after the BTC pump a couple of days ago.
If we connect the March top with the current one, we can clearly distinguish an ascending wedge pattern. The top of my pattern is also my intermediate target.
Happy trading!
Binance: CHR Buy / long 1DBinance: CHR Buy / long 1D
Entry: 0.5-0.6
SL: 1D close below 0.48
TP1: 0.9-1
TP2: 1.4-1.5
Chromia is a blockchain platform that aims to solve the scalability problem for decentralized applications (dApps).
The platform consists of a network of nodes forming a blockchain, each node using its own relational database.
The Chroma token (CHR) is used as block rewards and to pay for transaction fees.
It raised 11.70MM USD in private and public token sales conducted from August 2018 to May 2019.