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CHR / Bitcoin

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CHRBTC trade ideas

Chromia is going to the Ma- Fundamental Analysis: - Staking - Listing on big exchanges as confirmed by the team - Medium Marketcap (22m USD) - Practical use cases, in some of areas which gauge huge public interest such as finance, real estate, healthcare, etc. - Scalability is what sets Chromia apart from other projects. - Technical Analysis: - Price has recently broken out of a strong resistance which has been in existence for the last 9 months (since September 2019) - ATH 3000sts, there will be no surprise if the price moves toward current ATH and make a new one.
Long
by phanthanhvux
CHR/BTC trend-we can see good trading volume including strong buy orders -CHR is strong bullish currently as the RSI is holding the overbought territory -the next key level to watch is the resistance at 837 sat -it is good to buy in this range? since there is a chance we see another leg up? -good question but can you take a wide range of stop-loss under 500 sat? -that is down under -20% loss if it will hit you? -the market is bullish but you need to assess the risk-reward ratio too!!
Long
by electroforx
CHR/BTC (Successful Retest?)CHR/BTC -after breaking the recent high at 502 sat -the retest done was successful giving another 30% pump -we can see good trading volume including strong buy orders -CHR is strong bullish currently as the RSI is holding the overbought territory -the next key level to watch is the resistance at 837 sat -it is good to buy in this range? since there is a chance we see another leg up? -good question but can you take a wide range of stop-loss under 500 sat? -that is down under -20% loss if it will hit you? -the market is bullish but you need to assess the risk-reward ratio too -for me, I will wait for another pullback or consolidation before entering this trade -it is all about your exit plan and potential profit -don't be a bag holder, be a true trader, limit your loss
by PolarHusk
3
CHR/BTC (Strong Breakout)CHR/BTC -since the last cross ultimate indicator signal last June 9 -the price has already now up to 130% pump -there are multiple entry points using the MA as a support guide -the last perfect breakout entry was July 19 bullish candle -after that, the price pump over 40% -if this uptrend will continue higher, the next target is up to 754 sat -I do not recommend to buy at the current level, wait for minor consolidation -will update this post once we have a potential re-entry position
by PolarHusk
3