Chromia pushing up soon ? CHRUSDT has exhibited a promising bullish momentum as it successfully retested a key support level at 0.1110, indicating a potential bullish reversal. The recent price action shows a series of higher highs, suggesting increasing buying pressure and a potential continuation of the uptrend.
Retest of Support: CHRUSDT recently retraced to the support level at 0.1110. The successful retest indicates that buyers have stepped in to defend the level, potentially leading to an upward price movement.
Higher Highs: Following the retest of support, CHRUSDT has been forming higher highs, reflecting a gradual increase in buying momentum. This pattern indicates a potential continuation of the upward trend.
Bullish Momentum: The positive momentum is further supported by rising volume and increasing buying interest in the market. This suggests that traders and investors are actively accumulating CHRUSDT, adding to its bullish outlook.
CHRUSDT trade ideas
CHR USDT PERP Hello Trader BINANCE:CHRUSDT.P
use a small time frame for scalping
because of the upside potential in these pairs,
there is a strong increase and it has
penetrated the supply point, you can retest
the area that I have marked to take the long area.
hopefully come true
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Disclamer: Not Financial Advice
Chromia (CHR) Forms Double Bottom Pattern!💎 Chromia make a double bottom pattern formation. CHR USDT has been steadfastly maintaining a significant support level setting the stage for potential price movements. A key milestone to watch out for is the breakout of the neckline.
💎if the neckline breaks successfully it could trigger a powerful breakout and price move toward strong resistance.
Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
CHRUSDT and the 4-month trendHello everyone. Now many coins have approximately the same chart. On the daily chart, the price is testing a 4-month trend line. On top, the CHRUSDT coin is also clamped by a line. Therefore, we will set the price movement goal exactly there, at the level of 0.18. We will put a stop behind the trend line at 0.1552.
Chr is in correction wave with good short opportunity Hello guys.
I am sure you all are ready for the next pump. But i think it is early to buy this coin. Until now why we don’t look for short position for this chart with good management of risk.
I think the correction is not done yet as we see in the chart we have this wave if it is consistent of 5 waves then it is Zigzag with WXY. Now wave Y is under build that is a good short position.
Hope you all get richer soon
Bye
CHRUSDT is creating a penanntCHRUSDT is creating a pennant on the $0.17 area.
A pennant is a technical chart pattern that resembles a triangle. It's formed when there's a sharp move in the price of an asset, followed by a consolidation phase with converging trendlines. The pennant is typically characterized by decreasing trading volume and volatility as the price moves closer to the tip of the triangle. A clear breakout from the pennant pattern with significant volumes can be a strong indication of the direction of the next price move.
According to Plancton's Rules, if the price of CHRUSDT has a clear breakout with significant volumes from the pennant pattern on the $0.17 area, it may suggest a bullish trend. Traders could consider entering a new long position with the expectation of a continued uptrend.
CHRUSDT has gone beyond the level and is moving onOverall, the market mood is positive. Many coins are slowly starting to shoot. Therefore, it will look for a long with an adequate input. CHRUSDT is a great option, since at the moment the coin has come out of some kind of trading and now the price is behind the level, or rather it is testing it. Therefore, I expect further growth on a generally positive background. The movement target is 0.1920. Stop for the level at 0.1628.