Chromia
CHR Updated Chart - Previous setup met TP1!Here's a quick look at CHR 2 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a break to the upside soon. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 1.38$
2. 1.42$
3. 1.7$
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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 Loading up for a big move!Here's a quick look at CHR 2 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a break to the upside soon. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume.
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 1.33$
2. 1.42$
3. 1.7$
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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."
-------------------------------------------
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!
CHR is loading up for another big push to the upside! Here's a quick look at CHR 1 hr chart. As we can see, the price has printed a symmetrical triangle. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume , or you can buy when the price breaks above 1.44$.
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The idea is: Buy the breakout from the symmetrical triangle (or 1.44$) and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 1.44$
2. 1.7$
3. 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."
-------------------------------------------
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 PULLBACK BEFORE GO HIGHERCHRUSDT (3H - Chart Analysis)
Hello guys, after successfully breaking the symmetrical triangle.
CHR was rejected from its strong resistance, this is a natural movement.
But, the next direction sill same, CHR will still go higher if we look at it from a large timeframe.
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Happy profit from my last call
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Buy on the green line or in the black box area and keep your stoploss put on 0.97
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
If you want me to share these trades here, hit the like button and share your views in the comment section.
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
CRYPTO : CHRUSDT (Daily). Let's Run ??CHRUSDT try to break the ATH level and during the process before, it broke from the symetrical triangle. The first level support is at A, but i think it need consolidation first for more confirmation (?). The next support is at level B. Remember to have a stop loss plan :D.
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 reverse head and shoulders#CHRUSDT
$CHR broke out the upper line of falling wedge and touched the first resistance zone as I expected, current support is around $0.35 that may touch another time then go upward to reach $0.5. in weekly time frame I can see a inverted head and shoulders pattern that $0.5 is its neck line, a break above this resistance can lead price toward $0.79 that is the target of head and shoulders.
CHRUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
🆓Chromia (CHR) Sep-30 #CHR $CHRThe buying force appeared at 0.25$ zone and CHR could move towards 0.36$ and 0.5$ zones. But if it loses 0.25$ zone, it will fall sharply to 0.2$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.25$ zone
🔴Buy : 0.25$
🔴Sell : 0.36$ - 0.5$
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.25$ zone
🔵Sell : 0.25$
🔵Buy : 0.2$
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
CHROMIA/USDTChromia is looking really nice and ready for a move up, we might be done dipping on this one but there's still the possibility of wicking the green box which is why I recommend setting some lucky orders over there just in case!
Take profits at the blue box if you would like, I personally recommend securing some profits there to readd if it provides a decent pull back.
If not interested in swing trading just close out your whole position at the red box!