Chromia (CHR) Chart Mapped | 240% Potential

10 Nov 2020

Right now we are on the bullish zone for the CHRBTC (Chromia) altcoin trading pair.

We hit a lower low compared to May when this pair was added to Binance.

All the gains have been removed.
All the stop-loss have been activated.
Looking for liquid.
Building up...

Now that the bearish wave seems to be over, prices can start to jump.

Additional signals:

- Prices are now trading above EMA10 and EMA21.
- The MACD is showing bullish divergence while trending higher (still below zero though).
- The RSI is also trending high (still below 50). These are early signals.

If you were to use the last low as a stop-loss, for a trade... You would have very low risk compared to the potential rewards. This is a solid setup.

Namaste.

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This is not financial advice.