$CHR broke out the upper line of falling wedge and touched the first resistance zone as I expected, current support is around $0.35 that may touch another time then go upward to reach $0.5. in weekly time frame I can see a inverted head and shoulders pattern that $0.5 is its neck line, a break above this resistance can lead price toward $0.79 that is the...
Chromia is trading within 3 key levels. We recently rejected the 50 fibonacci before breaking down out of a short term bullish trend.
We are looking for further bearish momentum back to the 0.24 level.
Watch for bear flags and take Chromia down.
Liquidity Pools : A short Explainer
A liquidity pool is an area where retail traders have pending buy/sell odrers
MM always need to pair their buys with someone sells , and vice versa - they 'engineer' liquidity
If they want to go long, they create conditions whereby retail traders think price is going lower
If they want to go short, they...
The buying force appeared at 0.25$ zone and CHR could move towards 0.36$ and 0.5$ zones. But if it loses 0.25$ zone, it will fall sharply to 0.2$ zone
♻️Condition : If 1-Day closes ABOVE 0.25$ zone
🔴Buy : 0.25$
🔴Sell : 0.36$ - 0.5$
♻️Condition : If 1-Day closes BELOW 0.25$ zone
🔵Sell : 0.25$
🔵Buy : 0.2$
🚫Stoploss for Long :...
CHR charts looks very good
Finished from wave 2 and soon will start the trip of wave 3 which will target 2.3$
After that maybe we will face a correction to wave 4 which will target 1$
Then target 4.5/5$ the end of the trip
Chromia is looking really nice and ready for a move up, we might be done dipping on this one but there's still the possibility of wicking the green box which is why I recommend setting some lucky orders over there just in case!
Take profits at the blue box if you would like, I personally recommend securing some profits there to readd if it provides a decent pull...
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
currently in a symmetrical triangle, got rejected at the 0.618 fib and found support one the 100 day MA. The optimal zone to buy will be in the green square above the 0.236 fib in the coming days. From there I expect a breakup
I hope you found the idea interesting;)
Chromia is an open-source public blockchain conceived of by Swedish company Chromaway AB. The Chroma token (CHR) was launched in May of 2019. The technology behind the Chromia blockchain is adapted from an earlier technology called ‘Postchain’, a solution provided by Chromaway AB for enterprise clients.
$Chromia big breakout is coming!
Chromia has formed a bullish pattern and looks ready to break-it, but we may see a last pull-back to 100EMA first.
Current Price= 0.00000871
Buy Entry= 0.00000838 - 0.00000806
Take Profit= 0.00000926 | 0.00001012 | 0.00001132
Stop Loss= 0.00000739
Risk/Reward= 1:1.25 | 1:2.29 | 1:3.73
Expected Profit= +12.65% | +23.11% | +37.71%
Possible Loss= -10.10%
The 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 $0.2 area
🔴Buy : 0.293-0.307$. SL if B
🔴Buy : 0.39-0.41$ if A. SL if...