On the left side, we have the bearish phase; to the right we are bullish.
CHRBTC (Chromia) is trading daily above EMA50, which means that the medium-term bullish potential has been confirmed.
A major low point was hit early November but volume can be seen rising since September.
The rise in volume and present higher lows indicates that the bulls are now in control of this chart.
With the bulls in control, we can expect prices to move higher and higher until there is a change of trend.
This is only the start of the bullish period so growth can happen for months.
Patience is key and planning advised before approaching any market. Keep in mind there is always risk involved.
Hope for good, positive and prepare for the worst.
This is not financial advice.
Thanks again for your continued support.
Namaste.
CHRBTC (Chromia) is trading daily above EMA50, which means that the medium-term bullish potential has been confirmed.
A major low point was hit early November but volume can be seen rising since September.
The rise in volume and present higher lows indicates that the bulls are now in control of this chart.
With the bulls in control, we can expect prices to move higher and higher until there is a change of trend.
This is only the start of the bullish period so growth can happen for months.
Patience is key and planning advised before approaching any market. Keep in mind there is always risk involved.
Hope for good, positive and prepare for the worst.
This is not financial advice.
Thanks again for your continued support.
Namaste.
Note
First target for 50% reached.I will share a new chart as soon as we reach higher target... More growth possible and expected, this is only the beginning.
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