Chromia Loading up for a big moveHere's a quick Look at CHR daily chart. As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The best entry would be, when the price breaks above the descending triangle with good amount of volume. Definitely one to keep an eye on.
-------------------------------------------
The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 0.97$
2. 1.2$
3. 1.5$
4. 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 trade ideas
CHZ/USDT 4 HOUR UPDATE 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 breaks out the ascending triangle pattern and retests the support level.
Entry: CMP
Targets 20% TO 30%
Stop Loss: $0.5
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
CHRUSDT is testing the daily resitanceThe price is testing the neckline of the M pattern on 0.67$ on the 0.5 Fibonacci level.
The price bounced on the daily support on the 0.46$ and respected the dynamic resistance on the daily timeframe
How to approach?
the price needs to have a breakout from the 0.70 area and confirm the breakout, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
CHRusdtshort i say this is metaverse Token and so good and i think can easy going to 2$
now
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.
can save for 2 $ but rememebr watch BTC that fall all market fall
GL
EntryPoint
0.6234
0.5435
Supports:
0.4798
0.3901
0.3388
0.3044
0.2220
Resistances:
0.6810
0.7047
Targets:
0.7383
0.9201
1.1414
1.4171
1.9275
2.8500
For HODL:
4.6884
6.0786
8.8285
GL
rememebr this channel is not bad and i think is correct so move to middle channel can touch 2 $ and going to top channel can going to 8 and 9 $ so first research and buy and you have this hodl
CHR short or long? (update)Black Mountain Analytical Team:
We will wait for the price reaction to the Resistance line and the static Resistance range. After the price reaction, we can enter.
We are currently monitoring it to catch it in the first price movements.
TREND LINE-Resistance area
Wait for the reaction to Trend
CHROMIA , CHRUSDT 1DLets PUMP it !
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
📊 #CHRUSDT ( Chromia )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 01.31.2022
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
CHRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
we are in the daily time frame. There is the S1 support line which has supported the price. If it holds, it can move up to the R1 resistance and then R2. You can buy it here or you can also wait for it to touch S1 and buy there.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
CHR, fell below the neckline support.The following content is machine translation:
Twice blocked around 0.97.
The blocked fall fell directly below the neckline support.
The market has a high probability of going down to repair the long lower shadow.
Operate to go short near 0.65, or below 0.5 to properly chase the short, and look down at the target near 0.3.