CHRUSDT - Symmetric triangle!CHRUSDT (4h Chart) Technical analysis
CHRUSDT (4h Chart) Currently trading at $1.24
Buy level :Above $1.26 (Buy after Breakout)
Stop loss: Below $1.07
TP1: $1.34
TP2: $1.44
TP3: $1.60
TP4: $1.80
Max Leverage 3x
Always keep Stop loss
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CHR
CHR / USDT in a falling wedge!CHR (Chromia), the parent of NFT game MyneighborAlice, has been recognized as one of the best startups in Sweden. It has pumped after great news recently.
As it is right now, CHR / USDT 1H is in a falling wedge.
If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1.30$
TG2 - 1.36$
TG3 - 1.43$
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
CHR on a bullish tearOver the past week Chromia has gone up 80%, but I believe there might be more in this ons. At this stage of the market cycle we shouldn't be suprised to see 2x or more moves.
Bullish:
- Touching on the -0.618 FIB (daily level)
- Strong bullish divergence on the MACD
- Descending wedge
- On a support level
Bearish:
- EMA's moving closer together
- Price has used the 50 EMA beautifully as support over the past weeks (red arrows) but has now broken below it. Will this mean that it'll also serve as strong resistance?
Setting my stop loss just below the most recent swing low and the 200 EMA.
How do you feel about this setup?
CHR could continueChromia came to our -1.618 FIB level to give us our profit targets. If you're looking for a play here, this might be the setup for you.
- Retracement to the -1.618 level we had already alligns with the .382 FIB level we can draw from the recent run
- Bullish divergence already on the RSI (could increase)
- Stop loss set below most recent swing low, support zone and golden pocket.
Safe trading y'all
CHR 300%+ GAINS AHEAD!Head and shoulders pattern formed on Daily, (more like cup and handle on weekly), and broke the daily and 2 day zone with a very strong bull candle. Price is a little choppy right now for shorter term entry, so best play is to just put a position in and hold bc the gains on this are going to be ridiculous. Over 100% away from first fib level! and over 300% away from the 3.618, which based on past price is most likely where we will see it go to before a longer term retest.
**This thing is an ABSOLUTE GEM**
DYOR
$CHR/BTC 3D (Binance Spot) Falling wedge near breakoutChromia is holding above 100EMA support and looks ready for another bull-run!
More information about that NFT patform, also a DeFi / BSC token on chromia.com
Current Price= 0.00000592
Buy Entry= 0.00000590 - 0.00000536
Take Profit= 0.00000785 | 0.00000946 | 0.00001129
Stop Loss= 0.00000452
Risk/Reward= 1:2 | 1:3.45 | 1:5.1
Expected Profit= +39.43% | +68.03% | +100.53%
Possible Loss= -19.72%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 5 months
CHR - NFT Boom Activate 🚀300%+🚀CHR is a fantastic NFT ecosystem that has had some dealing with the united states airforce in the past - makes you wonder why it hasn't taken flight yet.
Well it looks like we're about to leg up hard - breakout has already happened, retrace has already happened, and gratuitous spending is about to happen when it comes to the BPT subscriber base.