Chromia
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-$0.24 area. Wait for new entries and use stop loss in open positions.
CHR short or long? (update)what do you think?
long?
short?
My idea is easy to understand and can be easily rejected.
So let's put this perspective aside by limiting the market with painting and a few lines.
The market does not respect our lines.
The market is going through its process, and it is we who have to deal with the market trend.
I have always told my friends and now we tell you one of the most important rules of the market (trade with trend).
After reacting and reacting to the price range, try to enter the market and follow the trend.
Chromia Loading up for a big moveHere's a quick Look at CHR daily chart. As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The best entry would be, when the price breaks above the descending triangle with good amount of volume. Definitely one to keep an eye on.
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 0.97$
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!
CHR short or long? (update)Black Mountain Analytical Team:
We will wait for the price reaction to the Resistance line and the static Resistance range. After the price reaction, we can enter.
We are currently monitoring it to catch it in the first price movements.
TREND LINE-Resistance area
Wait for the reaction to Trend
CHROMIA , CHRUSDT 1DLets PUMP it !
All 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 .
📊 #CHRUSDT ( Chromia )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 01.31.2022
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
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
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!
Long $CHRChromia is in the ascending channel. I expect consolidation above MA20 level (with possible short-term decrease under the moving average) with the subsequent growth to the upper boundary of the channel.
As support we have MA20 and also the trend line
Resistance is at levels: 0.96 - 1.12
Always consider the state of the market.
KAVAUSDT Daily TA : 01.15.22 : $KAVAAll 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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