Chromia is going to the Ma- Fundamental Analysis:
- Staking
- Listing on big exchanges as confirmed by the team
- Medium Marketcap (22m USD)
- Practical use cases, in some of areas which gauge huge public interest such as finance, real estate, healthcare, etc.
- Scalability is what sets Chromia apart from other projects.
- Technical Analysis:
- Price has recently broken out of a strong resistance which has been in existence for the last 9 months (since September 2019)
- ATH 3000sts, there will be no surprise if the price moves toward current ATH and make a new one.
CHRBTC trade ideas
CHR/BTC trend-we can see good trading volume including strong buy orders
-CHR is strong bullish currently as the RSI is holding the overbought territory
-the next key level to watch is the resistance at 837 sat
-it is good to buy in this range? since there is a chance we see another leg up?
-good question but can you take a wide range of stop-loss under 500 sat?
-that is down under -20% loss if it will hit you?
-the market is bullish but you need to assess the risk-reward ratio too!!
CHR/BTC (Successful Retest?)CHR/BTC
-after breaking the recent high at 502 sat
-the retest done was successful giving another 30% pump
-we can see good trading volume including strong buy orders
-CHR is strong bullish currently as the RSI is holding the overbought territory
-the next key level to watch is the resistance at 837 sat
-it is good to buy in this range? since there is a chance we see another leg up?
-good question but can you take a wide range of stop-loss under 500 sat?
-that is down under -20% loss if it will hit you?
-the market is bullish but you need to assess the risk-reward ratio too
-for me, I will wait for another pullback or consolidation before entering this trade
-it is all about your exit plan and potential profit
-don't be a bag holder, be a true trader, limit your loss
CHR/BTC (Strong Breakout)CHR/BTC
-since the last cross ultimate indicator signal last June 9
-the price has already now up to 130% pump
-there are multiple entry points using the MA as a support guide
-the last perfect breakout entry was July 19 bullish candle
-after that, the price pump over 40%
-if this uptrend will continue higher, the next target is up to 754 sat
-I do not recommend to buy at the current level, wait for minor consolidation
-will update this post once we have a potential re-entry position
CHR/BTC (Potential Breakout Resistance?)CHR/BTC
-this coin is holding strong as it approaching the resistance zone
-currently facing some minor rejection but still sustaining the uptrend
-the priority of this game remains to the Bulls
-you can enter an aggressive position at current market price
-or you can wait for the breakout/retest of the resistance at 413 sat
-upside potential is up to 544 sats
CHRBTC breakout a daily structure 🦐CHRBTC breakout a daily structure, and now we are waiting for a retest on it.
According to Plancton strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
CHRBTC it's Ready for a new impulse 🦐CHRBTC it's Ready for a new impulse, when the price broke the yellow structure, according to Plancton strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
CHR/BTC (Start of new Uptrend?)CHR/BTC
-a strong break above resistance at 345 sat
-it would be healthy to retest 345 sat to become new support
-if there is a sign of reversal at this area of confluence
-entering a Buy position is ideal
-the upside target is up to 416s sat
-stop loss is placed under 335 sat
#CHR Scalp Scalping long here, broken falling wedge, retested
I am entering some scalps as I started trading with leverage, for now I am trading with only 0.01 BTC plan is to turn it in 2x - 3x -10x & 100x
not risking much for now only 5% balance per trade, keep you guys posted. (working on discord server)
Patience time for CHRBTC.Hello Traders,
We are only starting to look bullish on CHRBTC when the price goes back above 370 sats area and start a bullish structure with higher highs and higher lows.
We also have a support level on 300 sats area lets see how the price behaves on this level, but for now, it is time to do nothing on CHR besides what the price behavior.
Patience is a key point for every successful trader in the market.
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