CUP & HANDLE BREAKOUT - Retest supportHey guys, there was a breakout of the Cup & Handle at CHR. We are testing the support right now. A possible good entry for a trade.
No financial advice. Just my idea.
CHRUSDT.P trade ideas
Chromia post-parabola (Return of the bulls)Chromia went on a correction phase after a 3.5x parabola last November and has found its bottom at around 0.5$.
The asset started a 3-week re-accumulation phase and finally broke out of the trading range.
The 0.382 fib level acted as a rational resistance on the way up and lead to the formation of a H&S pattern which consequently pulled the price down to have a successful retest of the former resistance at 0.68.
The current level can act as a new support zone and will potentially take the price up to the marked zones. A return to the green box will invalidate the idea.
CHRUSDTCHR CHROMIA with USDT pair is going UP as i analyzed it , tea CUP and broke the trend line .. also on BB as you see .. the targets in yellow .. and SL in red
CHRUSDT Daily TA : 01.01.22 : $CHRFrom the previous analysis, the price has not increased by more than 50% and is still reaching new targets.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 01 . 01 .2022
⚠️(DYOR)
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CHR/USDT Cup And Handle !Waiting For Resistance Line Retest For Confirmation !
Risky Trade due to Market Correction !
DISCLAIMER: ((trade based on your own decision ))
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Bullish triangle CHRThis bullish triangle indicates that if BTC is bullish, the CHR will move higher. This is not a financial advice.
CHR, the rebound has begun again.The following content is machine translation:
The CHR rebounded last week and it was considered good. The daily rebound broke through the resistance near 0.7, and then retreated to rebound near 0.7. This is generally a bull defense, and it is more certain for subsequent rises.
Counting from the waves, if you count three waves, you are currently in the third wave. It will definitely break the first wave high. The probability of a rise in technical form is very high. Stop loss 0.686
CHRUSDT -8HHope to get the opportunity to invest
DYOR!
#CHRUSDT 8H
current price : 0.7856
Entry1: 0.6281 to 0.6802
Entry 2: 0.3903 to 0.42112
Entry 3 : 0.2537 to 0.2753
TP1: 1.115
TP2: 1.7549
SL: close Daily below 0.25
Exchange: BINANCE,KUCOIN
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Could this pattern repeat on Chromia?Chromia has been doing pretty well after recovering from the december lows. Holding well in this dip and already gaining upwards momentum.
I couldnt help but realise this pattern re occur (one in green rectangle). if you look closer it is very similar and if it plays out could signify a local top at the 618 level of the current fib retracement from the dip.
Furthermore the red line you see all the way down is a trend line that exists from previous ATH to subsequent tops and once that broke CHR flew like there is no tomorrow.
The recent crash wick retested this line so it is possibly a nice confirmation of upward move.
CHR - Buying timing and good R/R ratioBINANCE:CHRUSDT
4H trend chart
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CHR has gotten rid of the downtrend line.
Also, it has met the entry condition of Vegas tunnel strategy(blue arrow)
We can buy it with great reward/risk ratio and trading strategy as below.
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Profit Targets:
a) 0.8929----Fib(1)
b) 0.9923~1.0324--------Fib(1.272~1.382)
c) 1.0756----Fib(1.5)
d) 1.2582----Fib(2)
Stop losses:
a) 0.6868-----Red horizontal ray
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CHRUSDT UPDATE ince CHR recent bullish impulse the market has now provided us with a correction which is currently testing the 0.618 fib in confluence with previous resistance turned support, we have the possibility of forming a new swing low here from a daily perspective, i am waiting to see a 4hr break of structure for an entry confirmation to open leveraged long position.
CHRUSDT - SHORTThere is a short position in CHRUSDT Chromia
CHRUSDT Chromia
🔴Short Now or set on Key Level 0.8350
🟢Target 1 0.7760
🟢Target 2 0.7155
❌Stop loss 0.8550
#K_Level
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🔥 CHR Bullish Move ExpectedLike many other tokens, CHR is currently seeing a strong bullish reversal after the BTC pump a couple of days ago.
If we connect the March top with the current one, we can clearly distinguish an ascending wedge pattern. The top of my pattern is also my intermediate target.
Happy trading!
Chromia up Trend 1.250$Chromia May Start up Trend after end Accumulation pattern that confirm by show Support above 0.700 to target level 1.000 and 1.2500 in impulse wave pattern
CHR, the consolidation range ends.The following content is machine translation:
This wave of decline stepped on to a high at the end of August and stopped falling.
The bottom range fluctuated for 20 days.
Today breaks the range, bullish.
The short-term target is near $1.
CHR-USDT LONG/BUYMulti-time Frame Analysis.
Entry=0.62x-0.66x, SL=0.53, TP1=0.98, TP2=1.1. R/R=4.2
Good luck with your trading !
CHR/USDT - Long setupWaiting for pull back to entry level. Watching this area for bull signs such as divergence and candle patterns on lower time frames.
is CHR ready for pump ?here near this important support we had acceptable gain for the price✔🚀
and
we expect more gain here for the price and our target are located on the chart if the price break the target we expect more gain ✔🚀
This is not financial advice, always do your own research.
If you have any questions fell free to ask, you can write it in comments below and I will answer.
CHR, NEW ATH?? 🚀🚀🚀🚀🚀CHR structure breakout and rebound in it, unfortunately I missed to raise it, besides forming divergence in rsi, giving it strength to continue rising.
as the movement has already started, I will buy 50% at this point and 50% if it goes down to 0.60$ stop loss at 0.53$.
not an investment suggestion just an idea and trade at your own risk.
