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
Trade ideas
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.
#CHROMIA @ Support - SWING LONG #CHROMA #Chromia 4 Hour Analysis
Leverage - 10 x
Entry Price - $0.3579
Stop Loss / Loss - $0.3400
Exit Price - $0.4092 (Target 1) $0.4433 (Target 2)
Risk to reward - 5 to 1
Candle Sticks - Morning Star, Tweezer Bottom, Reversal Pin
Chroma has found support and the bulls are looking to swing up.
Best of luck, let me know your thoughts in the comments!
🆓Chromia/USDT Analysis (6/4) #CHR $CHRThe buying force appears at 0.35$ and it is forming the Higher Lows pattern. If it can hold 0.35$ zone, it will move up to 0.45$, 0.6$ or even 0.95$ zone in this April
📅EVENTS
👉Jun 30 : Exchange Staking
📈BUY
-Buy: 0.34-0.36$. SL B
-Buy: 0.44-0.46$. SL B
📉SELL
-Sell: 0.44-0.46$. SL A
-Sell: 0.60-0.63$. SL A
-Sell: 0.93-0.97$. SL A
♻️BACK-UP
-Sell: 0.34-0.36$ if B. SL A
-Buy: 0.2-0.22$. SL B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
🔥 CHR Potential Break Out SoonOver the last month, CHR has formed a nice triangle for us to trade. This triangle came about after the stunning growth that CHR saw in February and early March. After such gains in a short period, it's logical that the price needs to cool down a bit before resuming it's way up.
Seeing that the current state of the crypto market is exceptionally bullish, I'd see CHR break out of the triangle soon, potentially forming a new ATH in the near future.
Happy trading!
❗️BASE BREAK STRAT TO DOUBLE YOUR PORTFOLIO EVERY 3 MONTHS❗️Hey hey my friends!👋
Giving you a nice valuable piece of paid content here!
It is gold, study it, do it and thank us later 🥇
- not financial advice but you should take it anyway, if you have questions and concerns and want to learn more we have a pro group to teach you how to do big things in this life!
CHRUSDT CURRENT POSITION!Hi Guys! Currently, Chr sitting on trend support I hope we could see an upwards moment from there.
This is not a financial investment suggestion!
chr usdtThey will hit stops under the low of 18 march after that market will rise. Take profit 0.49500
