Chromia (CHR) Impending Breakout 🚀Chromia (CHR) is on the verge of breaking out from it's descending wedge, a break and hold above 0.315 area will confirm breakout.
NFA & DYOR - Please like & follow if you found this idea helpful - Thanks! 🤑
CHRUSDT trade ideas
+60% swing ideaprice at strong support tested 4 times ; price may bounce and make a breakout of the triangle pattern
CHR Chr formed strong support at 0.2911 we got 0 closed below it so that is basicaly wicks below that line and that means 0.2911 is very strong support. We didn't get strong bounce but atleast protected that level as crucial support level for futures. I bealive we will see 0.37 or atleast 0.45 in next 7days. Hope you guys enjoy with my analisis.
CHRUSDT UPDATECHR CHR is testing the previous weekly resistance as new support, since breaking above this zone with a strong bullish impulse we are expecting to see the continuation to the upside and market to form a higher high from a weekly perspective we are waiting on lower timeframes for a valid entry according to our strategies.
Familiar pattern? Cup and handle I believe its called?
looks like a heck of a move could be coming soon!
Will it take off like it did the first time?
Could there be some news that could push this up alot higher
It did hit around .76 on the last move and if the cup and handle strategy works by my measurements the target now is around .70 which gives a nice 100%+
Could also go alot higher but I would feel good with that much gains
Even though I currently do not hold a position in this coin im strongly considering making a move
When will I feel safe to enter this trade?
Once there is a bullish candle that breaks through the handle I will most likely enter a trade
If you do not know about this pattern please look it up.
CHR// 50% Pullback + Triangle Current Pull back floor @ 50%, completing the descending triangle, with a strong break of the short term downtrend.
Forgot about this pair and didnt get the entry I wanted, so now I'd Ideally want to enter when and if price finds support above 38%.
Also testing a curved TL theory, this current test should suggest price appreciates from current level.
CHR LONGIf CHR Successfully break out the white line, We can take a long opportunity. Prepare for long guys
CHR USDTJust just rose so much in the last week as coming up multiple times in the gainers list. As btc daily candle has been closed in profit and eth above 2450. Likely, for chr and other alts another rally is coming. Chr just need to cross EMA(200) line around 3.30 then it will do wonders.
Drop in your comments and suggestions.
Go long 🔥
$CHR- Way to go Chromia!!That 0.47 Resistance need to go and then it is au revoir downtrend.....until we meet again!!
CHR new leg up time?After correcting, looks like the consolidation end is near, moves are shorter and volume decreasing, which is an indicator that action coming... This symmetrical triangle could break up and down also, I think that BTC could decide... Set alarms and wait...
CHR NEXT MOVE POSSIBILITY CHR in long term looks like moving in an
imaginary uptrend channel and it is likely
that Wave 4 is ended, any trade above 0.4847
will confirm it. as a typical target for wave 5
I could expect mid line of channel
somewhere around 1.2 to 1.8$.
CHRUSDT - Long - Potential 32.78%CHRUSDT - Long - Potential 32.78%
Exchanges: KuCoin, Huobi.pro, Binance
Signal Type: Regular (Long)
Entry Zone: 0.325700 - 0.349055
Take-Profit Targets:
1) 0.367200
2) 0.398760
3) 0.463750
Stop Targets:
1) 0.298250
Entry Triggers- FTX listing
SHORT CHRCHR is at the resistance and from this point, it can either go up to test the stronger resistance or it may fall down.
Entry at CMP and keep adding $0.3730 to $0.4821
SL: $0.5082
Targets:
10%, 15%, 20%, & 30%
Remember, we are gonna accumulate this for a long so do not use more than 5x leverage.
Trade Safely.
CHRUSDT is testing Daily resistance 🦐CHRUSDT is testing Daily resistance after the price bounced on the weekly support. IF the price will have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
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.
CHR Correction?After that kind of run-up, everyone expects some correction right? Well, mostly it's not that simple... Volume decrease tells us that is this move is near the end... am waiting...
chrusdtchrusdt can complete a bearish crab pattern .its a pumping coin so very risky to short .use tight stoploss above entry if price reach there. keep eye on btc if candle closes above 34700 ,it will be a very bullish sign and we will be out of trade. not a financial advice .DYOR
CHR IN CORRECTION...As you can see, we are having a correction before a good jump. If we lose this support, we'll have a bearish movement... Also, keep watching the RSI if it breaks its support or not.
