What about CHR?This token is in a good position and if Bitcoin cooperates and considering Bitcoin Dominance, the upward trend to the targets can be continued.
CHRUSD
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$
-------------------------------------------
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$
-------------------------------------------
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 - 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 trapped retail on top now its Anxiety phase next denial fearIt clearly formed clear Head and shoulders. now buyers are in anxiety phase , soon to denial phase than fear n desperation phases open small short position to capture 10-15% down side .
GL NFA
Rouding bottom and Inverse H&SCHR is looking extremely bullish with multiple chart patterns confirmed.
Rouding bottom and Inverse H&S
*NOT FINANCIAL ADVICE
Chromia CHRUSD 1B Total SupplyHello Traders,
this is my idea and targets for BINANCE:CHRUSDT .
According to CMC ( DYOR too ) :
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.
How does Chromia work?
Chromia is a standalone Layer-1 blockchain and EVM compatible Layer-2 enhancement for Binance Smart Chain and Ethereum. It is designed to enhance existing dApps and allow for the creation of next-generation dApps by providing scalability, improved data handling, and customizable fee structures.
The blockchain uses a unique architecture called relational blockchain, as well as a custom programming language called Rell. Rell is designed to code and function very similarly to SQL, allowing developers to leverage the security and immutability of blockchain while storing and handling data with the efficiency of a relational database.
Each dApp running on Chromia operates on its own sidechain which is rooted in the main blockchain. This allows each application to scale more efficiently and gives each application developer the freedom to choose from a variety of fee structures. For example, one application may require users to pay transaction fees in CHR (similar to how Ethereum or Bitcoin work), while another application could stake enough CHR to reserve computational power and allow their users to make unlimited transactions without paying any fees at all.
What applications have been built on Chromia?
Chromia already has a wide variety of applications building upon their blockchain, using their chain as a decentralized storage layer, and using their Layer-2 enhancements. These applications range from DeFi options trading platform Hedget, to open world farming game My Neighbor Alice, to government land registry initiative LAC PropertyChain.
One of the latest features in development is a new NFT standard called Chromia Originals, which will operate both as a native standard on Chromia’s chain as well as an enhancement layer for existing ERC-721 and BEP-721 tokens. Work on these Layer-2 enhancements are being developed in cooperation with My Neighbor Alice.
CHR long termchrusdt road map for coming weeks
First target 0.89
second target 1.46
will be updated when target achieved
STOP LOSS 0.29
$CHR - LONG IdeaWe have a decent Cup & Handle pattern on $CHR chart.
Bullish move is probable in the coming days.
Good luck!
NFA!
CHR (Sweetie) - TECHNICAL ANALYSISThis is just an analysis and can change in an instant.
Secret Tip: Raise your vision
CHR USD massive pump aheadOnce the resistance will break; the move can be massive for CHR .
I enter.
cheers
CHR (UPDATE)CHR is again heading towards the resistance area and also getting support at the small uptrend line.
You can open short position near 0.43 - 0.46 resistance area (don't use too much leverage) or just wait how it react at resistance and buy after breakout.
The uptrend line support is near $0.37 area.
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chr will touch 0.6This currency has grown before. But there is still room for growth and it can be pumped up to 0.6, but this buy signal is very risky. Be sure to take a position with capital management.
if CHR break this area, it can run a lot to previous ATHYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
CHR (UPDATE)CHR did a great pump and reached almost $0.5 although CHR is now back below the resistance area leaving a long wick.
If you sold near $0.5 then you made 50% profit.
CHR need to break this resistance level otherwise we will see $0.3 - $0.33 area again.
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CHRUSDT Binance Long 13/08/2021CHRUSDT will be above 0.34731 for long trad
TP: 0.3620$,0.4100$,0.4780$,0.5300$,0.5900
CHR/USDTCHR is moving as predicated. Hoping you added some CHR near the support area. CHR is now trading at more than 10% from our entry. You can increase your stop loss to breakeven or slightly below it and hold until CHR test the resistance area.
CHR/USDTCHR breaks the long resistance of $0.3 and also did multiple retest. The next major resistance is $0.43-$0.47 area. You can add some CHR near $0.33 with a stop loss of below $0.29 area. NFT is still a hot trend and we may see upwards movement in CHR.
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CHR/USDT is gonna Increase soonHi every one
CHRUSDT
CHR/USDT has formed a double bottom pattern and this means after the break out happens the price can Increase as much as the measured price movement.after the break out happens the price can reach around 0.36.
summery:
-CHR/USDT can do a Good bullish Movement.
-It can reach around 0.36
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
