CHR in Mid Term StrategyHold As Long As You Can!
For The Mid Term, Top Resistent is Good For Sell Area!
CHRUSDT.P trade ideas
CHR updateChromia going to breakout the resistance
Market Cap $193,438,518
24 Hour Trading Vol $54,012,762
Fully Diluted Valuation $340,939,262
Circulating Supply 567,369,439
Total Supply 567,369,439
Max Supply 1,000,000,000
CHR = LONG/SHORTSupport has flipped, waiting to see if it can hold however already bounced 3 times.
Waiting for the triangle to play out before entering.
CHR Long IdeaCHR is in the beginning of an uptrend on HT as price is creating HH and HL. Ichimoku cloud turned bullish again. On 30M TF we bounced off of the 50 EMA and the Ichimoku cloud, MACD is about the make bullish cross and the RSI is above 50% line. This was enough for me to enter Long position targeting the previous swing high.
NFA
CHR/USDTCHR breaks the long resistance of $0.3 and also did multiple retest. The next major resistance is $0.43-$0.47 area. You can add some CHR near $0.33 with a stop loss of below $0.29 area. NFT is still a hot trend and we may see upwards movement in CHR.
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Chromia Coin PredictionAs we can see in the chart, chart is forming CUP & HANDLE pattern. In usual cases its long but due to current market affairs we are not 100%. If it Breaks the resistance i have drawn and so the market condition is good as well than, We may Probably See near by Ath. For more updates follow.
CHRUSDT - LONGCHR has broke above the corrective downtrend on the daily and weekly timeframe with a strong impulse to the upside, the impulse has been followed by a correction on the weekly timeframe to test the 0.50 fib and form a new higher low from a weekly perspective. Dropping down to the 4HR timeframe we can see since the corrective move the market has found support and is now accumulating in a sideways movement, a break above this resistance will send the price.
CHR/USDT is gonna Increase soonHi every one
CHRUSDT
CHR/USDT has formed a double bottom pattern and this means after the break out happens the price can Increase as much as the measured price movement.after the break out happens the price can reach around 0.36.
summery:
-CHR/USDT can do a Good bullish Movement.
-It can reach around 0.36
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
chrwe are going to have a rise in price...but for more safe entry we can wait after the 0.40 cent break out
CHRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. As you can see, the price is moving inside an uptrend triangle. We intend to enter the trade after breaking the resistance line for the above goal. But if the price penetrates below the support line, we consider the fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🆓Chromia (CHR) Aug-7 #CHR $CHRThe buying force appeared at $0.3 area, this is an important support area of CHR because it will decide the next trend of CHR. If CHR doesn't lose this zone, it will rise sharply to $0.4, $0.48 or even $0.7 this August. But if it loses this $0.3 zone, it will fall sharply to $0.25 or even $0.2 area
📈BUY
🔴Buy : 0.293-0.307$. SL if B
🔴Buy : 0.39-0.41$ if A. SL if B
📉SELL
🔴Sell : 0.39-0.41$. SL if A
🔴Sell : 0.47-0.49$. SL if A
🔴Sell : 0.68-0.72$. SL if A
♻️BACK-UP
🔵Sell : 0.293-0.307$ if B. SL if A
🔵Buy : 0.244-0.256$ if A. SL if B
🔵Buy : 0.195-0.205$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
$CHR LONGCupHandle reversal pattern breakout
Entered starter position. Will add to on pullback
to flip level. Will take 1/3 off at marked levels and let the rest ride.
CHR ABOUT TO MOVEENJOY THE RIDE !
CHR should start to move by 9th of August upwards after consolidating for some time at the bottom of the rising channel.
expecting it to revisit the top of the channel at 0.52
take profits on the way
DYOR
CHR LONGCHR Break out the pattern . Now we will waiting for the retest to the 0.3033 that will be our entry.
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! 🤑
+60% swing ideaprice at strong support tested 4 times ; price may bounce and make a breakout of the triangle pattern
