I made a limit order for CHR @ 0.356 for a small amount based purely on the technical analysis of the chart . Considering our missed opportunity to grab the whales tail and ride it out, draw down is quite high hence the small , shall we say, gamble that every technical aspect is met and the pump continues after that small correction we had last night. Let's hope "...
Focus on the falling wedge pattern on the right.
Notice the lower trendline produces three strong reactions, making this a valid trendline.
Now notice how recently prices broke below this trendline.
This breakdown we call the "emotional excess", or simply "excess" for short.
The same pattern happened in late 2022 and this preceded a bullish wave.
This type of...
Conclusion:
Above 0,25usd in very optimistic scenario we could go to 0,32usd.
Below 0,20usd in very pesimistic scenario we could go to 0,10usd.
Nothing changes and anything changes.
Dont listen anybody just yourself.
Good luck everyone!!!
If we talk about about future, CHR needs price above 30usd to go more UP.
Now, charts shortterm looks like:
If price falls below 0.2usd, we will see price below 0,14 usd...(0.1 usd very possible).
For new all time high we need price above 0.45usd....
Good luck everyone!!!
Price could fall or rise, depend on this chart.
If price fall below 0.20 usd than we could see new low.
If price rise above 0.26 usd than we could see 0.29usd again.
Good luck evryone!!!
If we want to talk about bull scenario, then we need break 0,35usd.
Is it possible? always, but it is better a wait price above 0,35usd and then decide.
For now, price has a good support about bottom line, 0,18usd .
If we talk about FED and interest rate, FED made decision that interest rate will go to 2,5-3%.
I think, todays price of coins includes that...
Chromia bounced off the resistance level. Asset broke trough off the lower boundary of ascending channel. Decline to support level at 0.63 is expected to happen.
cHR IS SHOWING BULLISH MOMENTUM....
CURRENTLY OVERSOLD ON D1. IT CAN DO TWO LEGS UP IN THIS QUARTER.
Please do a thumbs up if you like this idea....Thanks for watching.
CHR is currently standing at the point where it can be bounce anytime and we could make at least 2x return ...
DISCLAIMER : Invest with Safety and Risk Management . Invest with D.C.A ( Dollar Cost Averaging ) strategy so you Make better returns with Minimize Risk.
Learn D.C.A if you are not aware about it.
Good Luck !
Power of 2x .
$50 $100
$100 $200
$200...
Hi All,
Looking for price to reach a strong resistance as its usually the case of a rejection with the first attempt.
If BTC does the same, its guaranteed.
All the best,
SSari
👉 CHRUSD Technical Indicators:
▫️ All EMA are placed below the price as supports.
▫️ Cup with Handle bullish pattern with breakout done.
▫️ Retest of the neckline in process.
▫️ Waiting now for a bounce strong enough, to take-off toward uptrend rally.
👉 CHRUSD Fundamental:
▫️ Chromia's Dev Team must also restore quickly confidence with its large community...
