12h time frame - CHR breaking above this triangle. Retesting is opportunity to open long around 0.16. A plan with great RR! Target: 0.22~0.266 SL: 0.15
CHRUSDT (4h Chart) Technical analysis CHRUSDT(4h Chart) Currently trading at $0.728 Buy level: Above $0.710 Stop loss: Below $0.632 Target 1: $0.772 Target 2: $0.825 Target 3: $0.885 Target 4: $0.968 Max Leverage 2x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
If we do see a large pullback we may fall too .35 which is a strong resistance. If we do end up falling to there it would be a great entry point if you're looking to average down or enter into the market for the first time. If you take a look at the RSI it's showing we were in a wedge pattern that created a nice Elliott's Wave with a breakout & now on a retest.