- Overal market structure is bullish with higher highs and lows
- Touched the trendline that dates from late september 2021
- Faked the green support zone
- Bullish candles: bearish body with long lower wick followed by bullish engulfing and three white soldiers. This made for a good move last time around (compare the blue arrows)
- MACD crossover about to take...
Chromia is in the ascending channel. I expect consolidation above MA20 level (with possible short-term decrease under the moving average) with the subsequent growth to the upper boundary of the channel.
As support we have MA20 and also the trend line
Resistance is at levels: 0.96 - 1.12
Always consider the state of the market.
This is one the coin analysis that some one send us message to analysis
According to the chart we shown , We had a resistance zone and we need to break that zone and the price exactly done this and now we are in pullback and we expect that the price can support when impact to the trendline support then it can go up until the target shown on chart...
Chromia came to our -1.618 FIB level to give us our profit targets. If you're looking for a play here, this might be the setup for you.
- Retracement to the -1.618 level we had already alligns with the .382 FIB level we can draw from the recent run
- Bullish divergence already on the RSI (could increase)
- Stop loss set below most recent swing low, support zone...
Over the past week Chromia has gone up 80%, but I believe there might be more in this ons. At this stage of the market cycle we shouldn't be suprised to see 2x or more moves.
- Touching on the -0.618 FIB (daily level)
- Strong bullish divergence on the MACD
- Descending wedge
- On a support level
- EMA's moving closer together
- Price has...
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...
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!
It's been a really good rally for CHR, but now CHR is facing the next resistance.
I think it will pullback soon to fib 0.5 - 0.618 .
If you look at the RSI , it showing a sign that this coin is overbought too.
So, its a good sign to short , just dont go all in.
*not financial advice
- 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...
After completed ABC retracement, CHR would run the last V wave, target minimum: $1.3
The best buying zone will be ranged from 0.35 till 0.28
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Chromia long overdue correction and consolidation !
Finally we can see some price action and the journey to $0.65 begins !
Buckle up we moon soon !
First stop for chromia is gonna be $0.65 , consolidate a bit then shoot all the way up beyond $1 !
May the Gains be with us all !
Chromia has by my simple TA broke out of a triangle pattern on 3hr tf, and is currently confirming it by turning the previous broken resistance support.
Buy zone 0.36-0.38
SL: your own risk managed choice
TP1:0.74 / TP2:0.84 / TP3:0.96
If the market plays out right, we should see a 0.74-0.96$ Chromia really soon.
Not financial advice.