$CHR/BTC 4h (Binance Spot) Falling wedge near breakoutChromia has formed a bullish pattern and looks ready to break-it, but we may see a last pull-back to 100EMA first.
Current Price= 0.00000871
Buy Entry= 0.00000838 - 0.00000806
Take Profit= 0.00000926 | 0.00001012 | 0.00001132
Stop Loss= 0.00000739
Risk/Reward= 1:1.25 | 1:2.29 | 1:3.73
Expected Profit= +12.65% | +23.11% | +37.71%
Possible Loss= -10.10%
Fib. Retracement= 0.618 | 0.893 | 1.272
Margin Leverage= 1x | 2x
Estimated Gain-time= 2 weeks
Chromia
🆓Chromia (CHR) Aug-7 #CHR $CHRThe buying force appeared at $0.3 area, this is an important support area of CHR because it will decide the next trend of CHR. If CHR doesn't lose this zone, it will rise sharply to $0.4, $0.48 or even $0.7 this August. But if it loses this $0.3 zone, it will fall sharply to $0.25 or even $0.2 area
📈BUY
🔴Buy : 0.293-0.307$. SL if B
🔴Buy : 0.39-0.41$ if A. SL if B
📉SELL
🔴Sell : 0.39-0.41$. SL if A
🔴Sell : 0.47-0.49$. SL if A
🔴Sell : 0.68-0.72$. SL if A
♻️BACK-UP
🔵Sell : 0.293-0.307$ if B. SL if A
🔵Buy : 0.244-0.256$ if A. SL if B
🔵Buy : 0.195-0.205$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
CHR Chr formed strong support at 0.2911 we got 0 closed below it so that is basicaly wicks below that line and that means 0.2911 is very strong support. We didn't get strong bounce but atleast protected that level as crucial support level for futures. I bealive we will see 0.37 or atleast 0.45 in next 7days. Hope you guys enjoy with my analisis.
Chromia Pumped!Hello Trading View
this is first analysis of BITPLAT Academy
Today we will analyse CHR but What is Chromia?
Chromia is an open source public blockchain conceived of by Swedish company Chromaway AB. The Chroma token (CHR) was launched in May of 2019. The technology behind the Chromia blockchain is adapted from an earlier technology called ‘Postchain’, a solution provided by Chromaway AB for enterprise clients. they just hit 150 mil marketcap and ready for more
targets 0.27 - 0.29 - 0.31 - 0.35
stop loss 0.22 - 0.20
what do you think about CHR price in future?
CHR Long Trade 20210720
Signal: Blue -> Green
CHR , Chromia, CHRUSD, CHRUSDT , CHRUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
CHRUSDT , short opportunityIt's been a really good rally for CHR, but now CHR is facing the next resistance.
I think it will pullback soon to fib 0.5 - 0.618 .
If you look at the RSI , it showing a sign that this coin is overbought too.
So, its a good sign to short , just dont go all in.
*not financial advice
CHRUSDT { CHROMIA } - BULLISH SETUPANALYSIS 🔎
- CHRUSDT hit an all-time high and retraced.
- Price is retesting the flip horizontal support.
- There's a relatively high concentration of buyers at this zone.
- The retracement was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- Price action is printing an ascending triangle pattern at the breakout region.
- This is a bullish build up pattern.
BUY ENTRY ⬆️
- Breakout above the ascending triangle resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the flip horizontal support.
🆓Chromia (CHR) June-18 #CHR $CHRCHR is still accumulating buying in the past 1 month and as long as CHR conquers the $0.2 zone during this period, it will be easy to see a strong recovery to the $0.24 and $0.32 zone in the next few days. But if CHR loses the $0.18 zone, it will have a strong correction to the $0.14 zone
📈BUY
🔴Buy : 0.176-0.184$. SL if B
🔴Buy : 0.195-0.205$ if A. SL if B
📉SELL
🔴Sell : 0.195-0.205$. SL if A
🔴Sell : 0.235-0.245$. SL if A
🔴Sell : 0.315-0.325$. SL if A
♻️BACK-UP
🔵Sell : 0.176-0.184$ if B. SL if A
🔵Buy : 0.137-0.143$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
CHR EXUDES CONFIDENCEClearly, we can witness an inverse H&SH pattern, which is a bullish sign.
MACD is on the verge of a positive cross, and the MACD in the 12H timeframe confirms that.
Stoch RSI, also, showcases a positive cross.
RSI seems poised to climb higher.
MA100 & EMA50 are solid walls of support. If conquered robustly, MA50 could boost the momentum.
Volume is decent.
Support zones are designated in green, and resistance areas are in red.
Plus, fundamentally speaking, Coinbase Custody has recently added this coin to its list.
My targets are: 0.60/0.68/0.80/0.89
CHR - 1D - Elliott Wave perspective After completed ABC retracement, CHR would run the last V wave, target minimum: $1.3
The best buying zone will be ranged from 0.35 till 0.28
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Chromia CHR $0.65 soon !Chromia long overdue correction and consolidation !
Finally we can see some price action and the journey to $0.65 begins !
Buckle up we moon soon !
First stop for chromia is gonna be $0.65 , consolidate a bit then shoot all the way up beyond $1 !
May the Gains be with us all !