Buying #CHR bag
Technicals looking damn cool for opening a position in CHR at the moment here is why
- Technicals
• Following the bullish trend line, and sitting at exact support
• Having strong bullish cloud support too
• 4Hr. charts forming a Diamond pattern, which indicates bullish
- 2 buy order setups
• 1st zone: 535 - 565 sats
• 2nd zone: **480 - 500 sats
- Targets will be here below
595 / 623 / 650 / 700 / 770 sats or above
stoploss should be used lower to 8% from buy zone
Technicals looking damn cool for opening a position in CHR at the moment here is why
- Technicals
• Following the bullish trend line, and sitting at exact support
• Having strong bullish cloud support too
• 4Hr. charts forming a Diamond pattern, which indicates bullish
- 2 buy order setups
• 1st zone: 535 - 565 sats
• 2nd zone: **480 - 500 sats
- Targets will be here below
595 / 623 / 650 / 700 / 770 sats or above
stoploss should be used lower to 8% from buy zone
#CHR Brokeout Bull Flag Pattern
Looking Bullish Now
With Targets 624 - 655 - 699 - 780 sats
Can HodL CHR till June 4th (Till News Date)
Looking Bullish Now
With Targets 624 - 655 - 699 - 780 sats
Can HodL CHR till June 4th (Till News Date)
Binance spot Trade on BTC pair
Adding #CHR/BTC on Binance
Entry : 0.00000779 sats
Target1 : 0.00000832 sats
Target2 : 0.00000889 sats
Target3 : 0.00000978 sats
https://www.binance.com/en/trade/CHR_BTC
Adding #CHR/BTC on Binance
Entry : 0.00000779 sats
Target1 : 0.00000832 sats
Target2 : 0.00000889 sats
Target3 : 0.00000978 sats
https://www.binance.com/en/trade/CHR_BTC
#CHR in daily TF, it is inside a falling wedge pattern. It has reached an important support where strong price support can be expected. By leaving the pattern, we will see a very good growth.
#CHR broke the falling wedge pattern and now testing the resistance area. The key level is $0.16 and a break above this is then we see a continuation of the uptrend. If CHR is rejected from here then we see a move toward the support level.
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#CHR trading in the consolidation range between the structural support around $0.1029 - $0.1053 and strong resistance around $0.1227 - $0.1249. Currently, price is on the verge to retest back to resistance.
#CHR took a very sharp rejection over the resistance level from daily TF around 0.168 - $ 0.170. Closing is still pending and a close below will give a potential setups for shorts on 4H confirmation. Alternatively, price start breaking above zone again, will open the gates for next resistance around $0.184 - $0.187.
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#CHR price moves in a very upward channel. It is expected that it will continue to increase and reach the ceiling of the channel and the price of $0.60.
#CHR price is moving in a bearish wedge pattern. The downward trend is weakening, positive divergence is also seen in the chart.
The price will probably start to grow after reaching the dynamic support .
We have to wait for the price to break out of the pattern and test it again, then we can start buying.
The price will probably start to grow after reaching the dynamic support .
We have to wait for the price to break out of the pattern and test it again, then we can start buying.
The price of #CHR broke out of the falling wedge pattern and then retested the resistance.
Following the exit from the falling wedge, the price entered the demand zone and maintained its movement. Having a strong potential for upside, the price grew by more than 30%.
However, given the market's volatility, if CHR fails to keep up its momentum and drop below the demand level at $0.3018. This could suggest a weakening of the bullish position, potentially leading to a significant decline.
Following the exit from the falling wedge, the price entered the demand zone and maintained its movement. Having a strong potential for upside, the price grew by more than 30%.
However, given the market's volatility, if CHR fails to keep up its momentum and drop below the demand level at $0.3018. This could suggest a weakening of the bullish position, potentially leading to a significant decline.
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#CHRUSDT has been trading within a descending channel on a daily timeframe, consistently respecting the trendlines. We anticipate a significant breakout due to the recent push #CHR received from a successful retest of the channel's lower support.
A potential retest of the Bullish Order Block at $0.20 could be pivotal if the price is rejected by the upper trendline of the channel. This area is packed with liquidity .
If #CHR can break above the descending resistance, supported by the liquidity at $0.27 , we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook.
Should the current resistance hold, we might see a retest of the support level at $0.2200. This could provide the necessary rally for a breakout. Watch for signs of strong buying interest at this level as an indicator of a potential upward move.
A potential retest of the Bullish Order Block at $0.20 could be pivotal if the price is rejected by the upper trendline of the channel. This area is packed with liquidity .
If #CHR can break above the descending resistance, supported by the liquidity at $0.27 , we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook.
Should the current resistance hold, we might see a retest of the support level at $0.2200. This could provide the necessary rally for a breakout. Watch for signs of strong buying interest at this level as an indicator of a potential upward move.
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