CHRUSD
GRT and CHR a good combo for coming weeks - Altseason 2021#GRT #CHR
If you find a chart to compare in #Fractal way with UNFI, you have a lot of chances to get that same parabola.
You need 2 conditons : its a new comer in the market AND it didnt get more than 1 SOS.
If you look at phases of parabola, there are SOS (signal of strenght) showing a pump is coming to overcome the last peak.
The first SOS (where CHR is now) is the stongest. Each SOS pump after is weaker in terms of gains %. GRT is at 2nd SOS now.
We got to ride UNFI from 5$ to 20$ and it was quick. Same is coming for GRT and CHR is like UNFI from 3.75$ to 15.50$.
Bullish Reversal (Head & Shoulders) For CHRUSD (Chromia)A Head & Shoulders is starting to play out on 4H TF on CHRUSD. The H&S pattern is yet to be validated when price closes above the neckline.
Head& Shoulders are one of the most profitable patterns in markets!
Chromia has a relatively small market cap of $170 million at the time of writing.
Technical insight:
On the Daily TF you can see the big move was accompanied with big volume .
CHR is getting attention of bulls, however price is currently testing somewhat resistance.
Resistance looks weak comparing it with the pump:
Good pump with good volume. Looking at the overall volume in this market, the majority is buying despite the recent big drop.
Small Fundamental insight:
Chromia is a blockchain for building dApps & to create NFTs.
Blockchains with support for NFT development have been exploding recent weeks, now they're consolidating, which is a good sign.
Maybe you know the token ALICE ?
The token got listed on Binance and skyrocketed 25.000% (!) on its listing which created alot of attention around this token.
The reason I mention ALICE is that it is built using the Chromia platform.
It is a multiplayer blockchain builder game, where anyone can buy and own virtual islands and collect exciting items in the form of NFTs.
ALICE has a market cap of $270 million at the time of writing and I see Chromia growing towards that direction, which would be an increase of around 58%.
Feel free to add any suggestions/feedback!
CHRUSDT Falling WedgeCHRUSDT (1H CHART) Technical Analysis Update
Falling Wedge
CHR/USDT currently trading at $0.44
Long Entry-level: $0.40 to $0.44
Stop loss: below $ 0.33
Target 1: $0.54
Target 2: $0.61
Target 3: $0.74
Target 3: $1.00
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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🆓Chromia/USDT Analysis (28/2) #CHR $CHRCHR is start a new rally up to 0.07$ and 0.1$ in March.
📈BUY
-Buy: 0.0485-0.0515$. SL if B
📉SELL
-Sell: 0.068-0.072$. SL if A
-Sell: 0.098-0.102$. SL if A
♻️BACK-UP
-Buy: 0.0485-0.0515$. SL if B
-Buy: 0.039-0.041$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
CHR/BTC Supper Bullish and 242% potential from here#CHR/BTC TA Update :-
#CHR/BTC now looks supper bullish as per my chart.
So I am buying here.
breakout confirmed..
Very Long term resistance finally Breakout .
Entry:- CMP Looks good.
Targets :- 155/226/282 Satoshi
Stop loss:- Will update if need.
Also very bottom so Don’t miss this Cheap price coin.
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✳️Chromia/USDT (8/11) View + Trading Plan #CHR $CHRAfter hitting the 0.035$ zone as our previous analysis, CHR is in pretty bad situation and heading to the 0.018-0.02$ or even 0.013-0.015$ support zone.
Only when the CHR closes the 1D candle above the 0.025$ zone, CHR will move up to 0.035$ zone
📈BUY- LONG
- Buy: 0.018-0.02$, stoploss if B
- Buy: 0.013-0.015$, stoploss if B
📉SELL-SHORT
- Sell: 0.023-0.025$, stoploss if A
- Sell: 0.018-0.02$ if B, stoploss if A
♻️BACK-UP
- Buy close to 0.023-0.025$ if A, stoploss if B
- Sell: 0.034-0.036$ if B, stoploss if A
- Sell: 0.048-0.05$ if B, stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Chromia ( $CHR ) on the way up! Easy +100% with Crypto Gents CLBAfter Chromia was in a long downtrend we can see now some nice volume and pattern printing out.
At the moment the price is not perfect to enter the trade but the green rectangle zone you can allocate some % of your capital to enter this trade.
Risk: 7
Reward: 8
CHR/BTC (Bearish Short Term Pattern?)💎Technical Analysis Summary💎
BINANCE: CHRBTC
-CHR is following a Bearish rising wedge pattern
-The price touches the key level of resistance
-We saw a strong rejection sending the price back inside the channel
-Though the pattern still valid for an uptrend
-For me personally, I won't trade Long on rising wedge patterns
-Especially if the price already hits a key resistance area or profit zone
-I will wait for better bullish patterns instead
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CHR/BTC (Rejected @ Trendline resistance?)BINANCE: CHRBTC
-CHR found support at previous resistance area around 400 sat
-The price bounces up to 584 sat which is a 67% increase from low to high
-But yesterday got rejected by the trendline resistance
-I expect it to pullback and potentially retest the previous support
-And try to form a double bottom reversal
-I recommend buying the break of trendline resistance
-Because it will likely confirm a reversal
-And continue higher in the coming weeks
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