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CHR Swing Trade Rally CHR rallied nearly 15% before I could upload the chart. Entered at .1718 preliminary with demand predominance in the verticle bars. I will use this chart to track its trajectory.
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CHRUSDT can potentially go higher to 0.178
Welcome back Traders, Investors, and Community!
Hi Traders, CHRUSDT has broken above the major Resistance, It has retested the Support already, we also have a large green candle which indicates the bulls are back strongly. it's expected to go higher at 0.178. There price may go back to 0.144 before it goes higher.
⬆️Buy now or Buy at 0.144
⭕️SL @ 0.128
✅TP1 @ 0.178
✅TP2 @ 0.213
✅TP3 @ 0.255
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Have a Profitable Day
CHRUSDT { CHROMIA } - BULLISH SETUPANALYSIS 🔎
- CHRUSDT hit an all-time high and retraced.
- Price is retesting the flip horizontal support.
- There's a relatively high concentration of buyers at this zone.
- The retracement was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- Price action is printing an ascending triangle pattern at the breakout region.
- This is a bullish build up pattern.
BUY ENTRY ⬆️
- Breakout above the ascending triangle resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the flip horizontal support.
🆓Chromia (CHR) June-18 #CHR $CHRCHR is still accumulating buying in the past 1 month and as long as CHR conquers the $0.2 zone during this period, it will be easy to see a strong recovery to the $0.24 and $0.32 zone in the next few days. But if CHR loses the $0.18 zone, it will have a strong correction to the $0.14 zone
📈BUY
🔴Buy : 0.176-0.184$. SL if B
🔴Buy : 0.195-0.205$ if A. SL if B
📉SELL
🔴Sell : 0.195-0.205$. SL if A
🔴Sell : 0.235-0.245$. SL if A
🔴Sell : 0.315-0.325$. SL if A
♻️BACK-UP
🔵Sell : 0.176-0.184$ if B. SL if A
🔵Buy : 0.137-0.143$ if A. 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






















