CHR / USDT in a falling wedge pt3. 🔥Had to come back and make another chart on CHR / USDT (Chromia). I've been scoring decent gains on the ranging motion of this one, but overall I have expectations that this will perform well on the longer-term (as well as Chromia's daugther MyNeighborAlice). Here seen in a Falling Wedge/Symmetrical Triangle pattern.
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 - 1.31$
TG2 - 1.34$
TG3 - 1.37$
TG4 - 1.415$
TG5 - 1.44$
TG6 - 1.48$
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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!
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About 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."
Source: Coinmarketcap
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CHRUSDT
CHR Loading up for a bigger move - Keep an eye on this! Here's a quick look at CHR 2 hr chart. As we can see, the price has printed a 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 1.35$ with good amount of volume .
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The idea is: Buy when the price breaks above 1.35$ and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 1.38$
2. 1.43$
3. 1.5$
4. 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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If you like the content, then make sure to comment and like the post :D
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
MY VIEW ON CHR/USDTI believe CHR/USDT is ready for a moonshot. I believe we will soon see CHR break its previous resistance, rally up for a while before giving a fine retest that will lead to bigger bullish move. An entry after its retest would be more conservative.
Disclaimer: This is just my view. Its not a signal. So please, do your own analysis!
CHR Loading up for a bigger move! Here's a quick look at CHR 30 min chart. As we can see, the price has printed a bigger bull flag 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 1.3$ with good amount of volume .
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The idea is: Buy when the price breaks above 1.3$ and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 1.3$
2. 1.43$
3. 1.5$
4- 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/USDT 1 HOUR UPDATE Oct 27
Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
CHR/USDT broke out of the triangle and currently retesting it .
Entry: $1.2600 TO $1.2000
Targets: 305 TO 50%
Stop Loss: $1.186
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
CHR / USDT in a falling wedge pt2. !CHR / USDT - a personal favourite - here seen in a falling wedge formation.
If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1.31$
TG2 - 1.35$
TG3 - 1.4$
TG4 - 1.43$
TG5 - 1.5$
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!
------------------
About 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."
Source: Coinmarketcap
CHRUSDT TF 1H Buy IdeaThis is my prediction of CHRUSDT in timeframe 1
You can grab with small money for LONG position
Entry Long : 1.05 ~ 1.1
Take Profit : 1.2 ~ 1.3 ~ 1.5
SL : You can see on my plan or under the wick of pinbar candlestick
Note : Use MM all of your open trade. Because no one now can predict the market
The best for you all
" DrafterCrypto"
CHRUSDT , We are going to support zone and jumpHello guys
This is one the coin analysis that some one send us message to analysis
According to the chart we shown , We had a resistance zone and we need to break that zone and the price exactly done this and now we are in pullback and we expect that the price can support when impact to the trendline support then it can go up until the target shown on chart guys
Guys please at first take signal then entrance in any position
( signal : hammer or ascending cover or pattern price or ... )
Dont forget use stop loss and attention to money management
Good Luck
Abtin
CHR Broke out To A New ATH $1.5, But is This A Bull Trap?ChR has been on some good fly move despite the current Bitcoin price moves. CHR made a doo recovery and archived a clear New All-Time High(ATH) today. Now, this should definitely be good news right but what if they comes to a sudden sharp retest that could return the buyers to the nearest strong support at $1.1? Watch this brief analysis on CHR with Bitcoin Gorilla. Don't forget to give it a thumbs up if you found it helpful
Hold THIS so YOU can get 10x!!This technical analysis contains;
- standard S/R lines
- previous support line
- all time high (unlabelled, but visible)
- two triangles
- two perfect breakouts
- my entry point
What's important when it comes to forming triangles though, is that you take notice of the point at which the 2 sides begin, not just where they end/come together.
The triangle points touch both the support and resistance levels, which is a clear indicator that the Chromia (CHR) market should hold a consistent movement of momentum. There have been 2 massive breakouts thus far, and there's zero indication yet that CHR has any plans of slowing down. It's a coin that isn't over-publicised on Twitter, you'll barely see any talk about it, which is fantastic because it's not a meme coin whatsoever, it's one with arguably the best launched roadmap of 2021 and im holding until $10+.
From the better part of 3 weeks since my entry point, I have discovered that:
Whilst BTC consolidates / CHR moves in a parabolic manner
Whilst BTC is bearish / CHR seems to consolidate
Whilst BTC is bullish / CHR is also bullish
Chromia - CHR (Liquidity Pools: A short Explainer)Liquidity Pools : A short Explainer
A liquidity pool is an area where retail traders have pending buy/sell odrers
MM always need to pair their buys with someone sells , and vice versa - they 'engineer' liquidity
More simply
If they want to go long, they create conditions whereby retail traders think price is going lower
If they want to go short, they create conditions whereby retail traders think price is going higher
Same in BTC
Best regards EXCAVO
CHR Updated Chart - Previous setup met TP1!Here's a quick look at CHR 2 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a break to the upside soon. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 1.38$
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."
-------------------------------------------
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/USDT 4 HOUR UPDATE Welcome to this quick
CHR/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- CHR/USDT is treading on a strong support
Entry:- CMP
Traget:- 50% to 60%
Stoploss:- $ 0.960
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
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$
-------------------------------------------
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.