Free CHR trade signal at the end of this post, please like, share and follow for updates 📊CHR Chart Analysis: Chromia buyers have formed a double bottom pattern on the daily chart, indicating a potential bounce as accumulation continues at this support according to MT's pandoras Box. However, it's important to note that CHR is currently range-bound on higher timeframes, suggesting a move toward the 0.25 resistance level. Breaking this resistance could lead to a move towards the 0.3 range, but there may be some back-and-forth price movements. While there is a chance of reaching 0.68, the probability is below 45%, so it should not be expected. It is advisable to set a stop loss at the $0.0884 range, as a break below that level could result in further downside. Therefore, while we anticipate bullish momentum, caution should be exercised due to potential bearish pressure, particularly at the current support level.
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