CHRUSDT trade ideas
CHR is tighting the range, Breakout comingCHR is now forming a symmetric triangle and is fighting the range. A breakout will start a new rally in CHR. We have seen how CHR pump when news release. CHR team is working hard on the developments and partnerships and CHR has a lot of positive news coming in the next few weeks.
Buy Zone: $0.33 - $0.335
Target: $0.37 - $0.395 - $0.424 - $0.464 - $0.497 - $0.544 - $0.598 - $0.643 - $0.694 - $0.755 - $0.834
CHRUSDT broke trendline ,wait for retest or support and pump 🚀different corrections ahead before start of rise is all explained and obvious on chart
we are looking for best possible entry here two scenarios explained and they are :
Green path :as you can see we expect that support receive on 0.618% of Fibooancci pump market to our target that all shown.
Red Arrow-Green Arrow :we may have more correction to previous strong support zone and after retesting that support and trendline together start of rise .
Targets:
A. 0.3888
B. 0.4188
C. 0.4558
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
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CHR 4HBreakout the descending line of the triangle
The EMA200 line will support the above targets as long as it does not fall.
Cross the areaIt happened, price broke out the blue line, But, we have an important area (purple).
! EMA240 is an important support line.
Wait For The Yellow Ascending Line BreakoutWhen yellow ascending line breakout happens, my targets on chart. Now it is on very strong btc resistance. So we have to wait until breakout happens.
WILL CHR PUMP?Trade Analysis CHR USDT
Chr usdt currently trying to break the resistance level once broke will pump as the news coming on 30days staking also introducing it's new nft protocol.
CHR USDT 4H Breaking out of recent downtrend?Chromia (CHR) looks to be breaking out of its downtrend here on USDT pair. Recommend cautious position size as Bitcoin price action very choppy right now.
CHROMIA +50% BreakoutChromia has by my simple TA broke out of a triangle pattern on 3hr tf, and is currently confirming it by turning the previous broken resistance support.
Buy zone 0.36-0.38
SL: your own risk managed choice
TP1:0.74 / TP2:0.84 / TP3:0.96
If the market plays out right, we should see a 0.74-0.96$ Chromia really soon.
Not financial advice.
DYOR
Cheers!
CHR/USDT BINANCECHR/USDT BINANCE
4H hollow candlesticks.
Seems we have a price breakout of this asymmetric triangle.
Volume rising.
MACD bullish crossover.
Chromia Price (CHR) = $0.3685 +18.39%
0.000006386 BTC16.54%
0.0001785 ETH14.77%
Good Luck
CryptoHellas Team
CHR long signalWe are looking at 4H chr chart structure. Chr is building a triangle pattern. By breaking out the triangle the rational long position will be:
Entry: 0.3728
Target1:0.46
Target2:0.57
Target3:0.76
Sl:0.28
Chromia very close to Buying Zone I think with enough patience, we can go above target 4-5 for sure.
Strong support and in a triangle, high sell pressure In a descending triangle and ReTesting the support at 0.32824, already confirmed in the past. It seems to hold for now. IF there is a reclaim or/and the triangle gets broken to the upside, and the selling pressure cools off (meaning the red rectangle is broken and retested) we could see some good upside moves here. The sell pressure on orderbooks however is strong. We'll have to see.
