CHR - Breakout will push the price higher#CHR/USDT #Analysis
Description
---------------------------------------------------------------
+ Price is trading inside the channel and waiting to breakout from the channel
+ This breakout could change the downtrend started in early 2024
+ A rejection at the resistance could push the price further down.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.21
Stop Loss: 0.1592
------------------------------
Target 1: 0.2759
Target 2: 0.3481
Target 3: 0.4485
Target 4: 0.7180
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
CHRBTC
CHR's long term is bearishCHR seems to have completed a big triangle and can become bearish for the medium and long term.
From the supply range, we expect a downward price rejection.
The mid-term and long-term target is the lower green box.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CHR buy/long setupAfter the heavy drop, it has now broken the trigger line and created a bullish iCH.
There is a support area close below the price, on which we will look for buy/long positions if the price reaches this range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will cause analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
#CHR/USDT#CHR
The price is moving within a 12 hour descending channel pattern, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 0.2000
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.2365
The first target is 0.2690
The second target is 0.3180
The third goal is 0.3744
#CHR/USDT#CHR
The price is moving in a triangle on the 12-hour frame and we have a support area in green at the 0.350 level
We have a higher stability moving average of 100
We have a good bounce being prepared from the lower border of the triangle once the downtrend breaks to the upside
The RSI indicator has a downtrend that is about to break higher
Entry price is 0.3800
The first target is 0.4121
The second target is 0.4550
The third target is 0.5100
CHR ANALYSIS (4H)In the current situation, you can look for a buy/long position only in the demand range, and only the buy/long position in this range is low risk.
There is a liquidity pool at the bottom expected to be swept away soon
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CHR analysisOn the chart, we have a bearish CH and we have a liquidity pool at the top and bottom of the chart.
It is expected that first the low liquidity pool will be swept and then the price will move to the high liquidity pool.
Closing a 4-hour candle above the invalidation level will cause analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
CHR ANALYSISA range has been formed and the price is approaching the upper range of this range.
Usually, when we have a range, the price tries to move from the bottom to the ceiling, and then from the ceiling to the bottom.
Considering the fresh and unused supply that we have, we are expected to have a reject POI range.
I specified the targets on the chart. I also specified the invalidation level. Closing a 4-hour candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CHRUSDT UPDATE :Double Bottom Pattern and Potential Bounce 0.3?
Free CHR trade signal at the end of this post, please like, share and follow for updates
📊CHR Chart Analysis: Chromia buyers have formed a double bottom pattern on the daily chart, indicating a potential bounce as accumulation continues at this support according to MT's pandoras Box. However, it's important to note that CHR is currently range-bound on higher timeframes, suggesting a move toward the 0.25 resistance level. Breaking this resistance could lead to a move towards the 0.3 range, but there may be some back-and-forth price movements. While there is a chance of reaching 0.68, the probability is below 45%, so it should not be expected. It is advisable to set a stop loss at the $0.0884 range, as a break below that level could result in further downside. Therefore, while we anticipate bullish momentum, caution should be exercised due to potential bearish pressure, particularly at the current support level.
Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
Free CHR Long Trade Signal:
To.
📈 MT FREE CHR TRADE SIGNAL 📈
(Highly risky entries to Scalping Bull Opportunities )
👉 ASSET: TSX:CHR (CHR/USDT)
👉 ACTION: LONG
👉 1st ENTRY PRICE: $0.1237, 2nd Entry ; 0.13112, 3rd Entry ;0.1319
(Buy Incrementally)
👉 STOP LOSS: $0.0884(Risky Stop 0.1017)
👉 1st TAKE PROFIT: 0.169
2nd TP: $0.25 3rd TP: $0.358 (Extended 0.4 to 0.6)
Chromia (CHR) Forms Double Bottom Pattern!💎 Chromia make a double bottom pattern formation. CHR USDT has been steadfastly maintaining a significant support level setting the stage for potential price movements. A key milestone to watch out for is the breakout of the neckline.
💎if the neckline breaks successfully it could trigger a powerful breakout and price move toward strong resistance.
Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
#CHR/BTC Chromia: Resistance_Breakout_+_ConfirmationWe've detected a Resistance Breakout and Confirmation on the CHR/BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level. -
#CHR/USDT Trade Setup 54% Potential Pump! RR 1:16 !I've already shared the reason I am opening this long in my last BTC update.
(The link is at the bottom of this update)
Recent trades posted:-
1. BTC/USDT
2. ETH/USDT
3. CHZ/USDT
4. CHR/USDT
Entry:- $0.1134 TO $0.1072
(4.79% is the accumulation range from CMP so plan your entry accordingly)
Stop Loss:- $0.1007
Recommended Leverage:- 3x- 5x
Target:- Open (Possibly 36% to 59%)
RR 1:16 (Highly Lucrative)
This is not financial advice. Always DYOR.
These are my trades.
Do not cry in the comments if you can't afford the Stop Loss or go for 125x gambling.
I am ready to take the SL if it gets hit.
Trade only if you can afford the SL.
Do the maths before you enter the trades and manage your risks properly.
Fund preservation is our foremost priority.
If you like me to post more please share this idea with your friends and communities and hit the like button.
I have been with you in the bullish days and the bearish days.
We are going to have an amazing bull run for sure.
Cheers!
Thank you
#PEACE