CHRUSDT.P trade ideas
Going up These are highly dependent on the movement of Bitcoin. The Fibonacci model was used to draw support and resistance lines We show the triangle pattern, where the contraction of the support and resistance lines is observed The possibility for the CHR currency to rise in case the recent resistance at the corner of the triangle is broken.
CHRUSDT LONG / Deal closing update Closing the deal at a profit of 5% due to the change in trend to negative
You Can use this trade as CHR/USDT SPOT or Future Trade entryIf CHR break it's major resistance area 0.21 - 0.22 it's can be touch triangle upper leg (resistance area 0.26).
CHR Analysis05/30/2021
So CHR is on a falling wedge which signifies a trend reversal in the 1h/30m chart.
I'm be expecting potential low around 9:30 AM UTC before it escapes the trend
BUY CHR. AN NFT COIN NOT PUMP #CHR/USDT:
ENTRY: 22000 - 22900
TARGET:24400 - 30600 - 40000
Stoploss: 20899
CHR IS IN THE BOTTOM, IT'S NOT PUMP MUCH. IT'S ALSO AN NFT COIN
CHRUSDT - LONGI am very bullish on CHR on the daily timeframe we can see market bounced of the descending trendline of this channel.... now we have broke above daily resistance and are retesting it as support - on the 1hr timeframe you can see market is consolidating in this wedge formation currently testing the support i am going long here nice scalp position.
Chromia Bullish retest on the dailyA very drastic and clear retest of its previous 2019 All Time High. This has a lot of room to run.
3 Months in the red, I always feel the most bullish when a coin has been out of the spotlight for too long.
Glad I've been accumulating. I hope you all have been too.
Chromia (CHR) - 25-05-2021 - Longterm investment.The
@Chromia
farm and Syrup Pool are live now!
CHR is almost at the bottom, It's a good project, the time has come to stake your CAKE for 60 days to pick up some CHR. Put your Chef to work for a better return.
Bullish
Sincerely
CHR Long Trade 20210525CHR Long Trade 20210525
signals: Yellow -> Lime, Blue -> Green
CHR, Chromia, CHRUSD, CHRUSDT, CHRUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
chr Some Elliot Wave optimismhello guys!
#chr now is in the second eliott wave
I think we can see third wave frome next week
have nice day :)
chr ... listing to coinbaseDue to its strong foundation, it can grow well ... Technically, it can be said that it is in an upward channel and it is not far from the mind to pump a good pump up to 0.78 cents.
CHR/USDT long Fundamentals:
The current sentiment in the market is heading toward a beautifully frothy altszn that will hopefully be the catalyst for erecting my nipples for the first time since my wife left me. Today we have seen the beginnings of the frenzy with the ETH killers making strong moves upwards, Solana making a new ATH among them, whilst ETH calms tf down and begins to go sideways at last. The current hype is in ETH killers and new blockchains so to make the best plays we have to find "hidden gems" in this sector that have not been blessed by the sticky green fingers of the omniscient chad god. CHR fits all our requirements for a great gem play as it is a new blockchain offering that is pumping out great updates and is flattening out after the classic Binance listing pump and dump.
This makes it a great choice as a underdog ETH competitor given they have some interesting ideas to separate themselves from the crowd (the blockchain explorer is neat for one) and it has just finished a Binance trading competition which almost always leaves poor tokens exhausted and beaten within a inch of their life from vicious bear attacks.
Overall, seems undervalued and good for a fresh apeing.
Technicals:
Since the Binance listing and the end of the trading completion we have found ourselves right at the bottom of a glorious dump. The PA is coiling together (shown by the blue trend lines) which almost always indicates a violent move. Given the highs are falling while the lows stay relatively flat, this creates the fabled 'Bull flag' which never ceases to cause my brow to sweat and my loins to ache.
We will enter at current price (0.32) given that alts look frothy with half of our position and compete our full entry at the 0.786 FIb (0.302). We're hoping for a test/smash of the downward trend into our TP at 0.469 and some consolidation into the ATH resistance. Our SL is below the most recent wick down at 0.25.
Good ape use low leverage, good ape profit.
CHRUSDT CHART ANALYSISCHRUSDT will be testing support at the yellow line support and might get a good upthrust
CHR EXUDES CONFIDENCEClearly, we can witness an inverse H&SH pattern, which is a bullish sign.
MACD is on the verge of a positive cross, and the MACD in the 12H timeframe confirms that.
Stoch RSI, also, showcases a positive cross.
RSI seems poised to climb higher.
MA100 & EMA50 are solid walls of support. If conquered robustly, MA50 could boost the momentum.
Volume is decent.
Support zones are designated in green, and resistance areas are in red.
Plus, fundamentally speaking, Coinbase Custody has recently added this coin to its list.
My targets are: 0.60/0.68/0.80/0.89
CHR will easily doubleLike to support and follow for more content!
We can see that CHR is forming an inverted head and shoulders, if it forms and we break with confirmation, our target is 0.7. The we could go to 0.9 and 1.12 as our next targets.
Best buy level: 0.284 and when we break the inverted H&S.
Support: 0.284
Resistance: 0.45
What do you think?
Good luck traders,
NajjarTrading
