CHRUSDT trade ideas
CHR multiple bear div on 1hr in combination with death cross on SRSI, RSI looking down, and looks like we could see soon death cross on MACD also. So it looks like we definitely going down.
200SMA on 1hr chart is right on 0,5 FIB and near that former resistance level-zone at 0,2714. Also, this former resistance trendline of descending channel is near that level. This all should be more than enough to keep the price from falling further and could be a nice bounce level... If that level is lost, most probably a deeper fall down is in the cards, and we could open a SHORT trade. If holds, and price bounce up, we could be in a good position to open long trade...
I don't have to say that we need BTC to cooperate for this to play out... If BTC pumps up, we have the chance to turn up without this retest, so my entry point, in that case, would be a breakout from resistance at 0.30
CHR USDT #CHRUSDT Update:
$CHRcurrently trading at $0.3010
1____price touched the trend line (uptrend)
2____MACD confirmed uptrend moving
3____ TSI doesn't confirm uptrend moving
2____ and ICIMOKU doesn't confirm uptrend moving, wait for Ichimoku confirmation(lagging span and price out of the cloud ) next two days.
So what now..?
wait...
Must follow me for the latest crypto real-time updates.
good luck :)
🆓Chromia (CHR) Sep-30 #CHR $CHRThe buying force appeared at 0.25$ zone and CHR could move towards 0.36$ and 0.5$ zones. But if it loses 0.25$ zone, it will fall sharply to 0.2$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.25$ zone
🔴Buy : 0.25$
🔴Sell : 0.36$ - 0.5$
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.25$ zone
🔵Sell : 0.25$
🔵Buy : 0.2$
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
CHROMIA/USDTChromia is looking really nice and ready for a move up, we might be done dipping on this one but there's still the possibility of wicking the green box which is why I recommend setting some lucky orders over there just in case!
Take profits at the blue box if you would like, I personally recommend securing some profits there to readd if it provides a decent pull back.
If not interested in swing trading just close out your whole position at the red box!
CHRUSDT is testing The Daily resistance 🦐CHRUSDT is testing The Daily resistance. If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
CHRUSDT - No more LL, probably a reversalHi buddies, looking at the 15 min chart seems like CHR isn't making a new Lower Low. Maybe it's time to step in. Not to be greedy, I'll set my target below the last swing high. Maybe this trade worth ten cents. In case you want to join in, my entry stops and target is in the chart.
As Leonidas said "This is Sparta!!"