Trade ideas
CHRUSDT → The bulls are holding the price above resistance BINANCE:CHRUSDT breaks the resistance of the wedge and gives us a good signal for a possible strengthening of the cryptocurrency pair while the market flagship - bitcoin makes a volume shakeout
On the BINANCE:CHRUSDT chart below, I have marked the strong 25400 level. We can see that price is testing this area in a false breakout format. The problem with bitcoin's weakness is that there aren't many short-term traders. Most of the volume is with medium and long term holders, hence the activity which moves in cycles over a long distance.
CHR breaks through resistance, but the moment BTC falls, the price comes back and tests the previously broken boundary. At the moment of flagging strength, CHRUSDT forms a consolidation above the line and starts to turn the price up. An important resistance for us is 0.1092, if the coin overcomes it, it will open the way to the mentioned targets
Support levels: 0.0956, 0.0826
Resistance levels: 0.1092
As the coin has strengthened above the previously broken garnet, I expect a breakout of 0.1092 and further growth
Regards R. Linda!
CHR/USDT Break the Major Descending Channel, Bullish Momentum ??Yello Paradisers, take note! #Chromia
💎 CHR has Break out its major descending channel pattern, signaling bullish momentum on the hourly timeframe and setting the stage for further upward movement.
💎 Before this pivotal moment, CHR had lost its key support area and dipped lower. However, it managed to consolidate at lower levels, successfully reclaiming the key support and breaking the pattern with significant volume. This marks a remarkable recovery for CHR.
💎 While CHR still exhibits a bearish trend—evidenced by its chart showing lower highs and lower lows—the successful breakout and reclaiming of key support suggest that CHR could potentially break past its previous lower high to establish a new higher high.
💎 Caution: This bullish outlook could be invalidated if CHR closes below the designated Bullish Invalidation level on the daily chart.
Keep your eyes on the charts and stay tuned for more updates! 🌴
CHRUSDTThis is a 4H frame analysis for CHRUSDT Analysis of the crypto market shows that prices are in an uptrend channel and may start to move towards the second resistance line after breaking the first resistance line. However, be aware that it is close to an area where it has failed to move up after several collisions and has had price drops in advance. Suggestion: Those who have purchased this coin from lower numbers can sell in the first area if they do not want to take more risk, but it is expected that the price may move towards the second resistance line after breaking the first resistance line.
CHRUSDTThis is a 4H frame analysis for CHRUSDT As you can see, the price is in its supply zone and can show a reversal again and bring the price back to the previous support zone. However, we can see signs of upward momentum in the daily timeframe, so wait for the price to break the resistance line or the complete line and then enter the trade or wait for the price to have a pullback after the signs of decline and then enter the trade.
long chr## Risk & Management
- 1% capital per trade.
- Move SL to breakeven at 1:1R
## Points of Interest
- Order blocks
- Major liquidity grab
## Framework
- On the 4H timeframe, gauge overall bias & locate major points of interest.
- When price enters a point of interest, drop down to the 15M or 5M timeframe.
- Wait patiently for price to purge liquidity within the point of interest.
- Wait for price to impulsively break structure & create imbalance.
- Enter at the order block responsible for the break of structure.
## Entries
- The OB caused a BOS.
- The OB is the extreme zone.
- The OB created clear imbalance.
- Liquidity has been clearly Identified.
#CHRUSDT (Watchlist) 8-2023Chromia is a relational blockchain platform that is designed to make it easy for developers to build decentralized applications (DApps). It is based on a unique hybrid architecture that combines the scalability and security of a public blockchain with the flexibility and efficiency of a private blockchain. This makes Chromia ideal for a wide range of use cases, including enterprise applications, gaming, and the Internet of Things.
The CHR token is the native currency of the Chromia platform. It is used to pay for transactions, stake for rewards, and access DApps. CHR is also used to govern the platform, as CHR holders have the ability to vote on proposals that affect the future of Chromia.
Sector: Enterprise
Project: Relational blockchain platform for building decentralized applications
Category: Proof-of-stake
Latest news:
Chromia partners with Algorand to bring decentralized gaming to the masses
Chromia launches new dApp platform for enterprise use cases
Chromia announces new partnership with NFT marketplace AtomicHub
Add to Watchlist!
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
CHR USDT PERPHello Trader BINANCE:CHRUSDT.P
I hope this chart forms a double top
because it has gone up a lot so it can be scalped gradually to
take a short area at the nearest block order
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
Disclamer: Not Financial Advice
#CHR/USDT 12h (ByBit) Descending wedge on supportChromia just printed a dragonfly doji, bullish reversal towards 100EMA resistance seems around the corner.
⚡️⚡️ #CHR/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.0X)
Amount: 4.6%
Current Price:
1) 0.1046
Entry Targets:
1) 0.1035
Take-Profit Targets:
1) 0.1215
Stop Targets:
1) 0.0945
Published By: @Zblaba
TSX:CHR #CHRUSDT #Chromia #NFT #DeFi
Risk/Reward= 1:2
Expected Profit= +87.0%
Possible Loss= -43.5%
Estimated Gaintime= 3 weeks
chromia.com
chr +200% Chromia
If we look at the chart, we will notice a falling wedge
For more than a year, the currency has been declining
We expect liquidity to enter the market and a strong rise
targets :
t1 : 0.2$
t2 : 0.3$
t3 : 0.5
stop 0.1$
I apologize that my English is not good
Good luck to all
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Chromia CHR price forms "Double Bottom" and long term trade+360%It seems that the light at the end of a long falling tunnel is beginning to appear for Chromia investors)
At least we managed to see at least two patterns on the large timeframe that suggest a trend change and in this case, the CHR price will move up.
Perhaps a powerful fundamental and news background is being prepared in Chromia and you know about it?)
Please share it with our community in the comments.
In the meantime, we suggest considering the following long trade for CHRUSDT:
Entry = $0.108-0.110
Stop = $0.09999 (-7.5%)
TP 1 = $0.322 (+200%)
TP 2 = $0.48-0.53 (+360%)
Potential profit/loss ratio = 48/1
_____________________
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CHR/USDT Bullish Movement Indicates ?? Chromia Analysis TodayHello Paradisers, keep an eye out for this coin!
💎CHR has break its Descending Channel pattern and is currently a retest on its resistance trendline.
💎 Chromia has showcased a trend reversal by establishing a higher high on the 4h chart, hinting at a potential bullish trajectory.
💎For those looking for an entry point, it might be wise to await its arrival at the demand zone and watch for bullish rejection signals.
💎However, if CHR struggles to maintain its stance within the 0.1146 - 0.113 demand zone, there's a chance it could dip further, aiming for the Bullish Order Block before making a robust upward move towards our profit targets.
💎Stay alert, ParadiseSquad! 🌴 This analysis might need reevaluation if CHR breaches the 0.0997 mark and concludes the day beneath it.






















