CHRUSDT
CHR (UPDATE)CHR is again heading towards the resistance area and also getting support at the small uptrend line.
You can open short position near 0.43 - 0.46 resistance area (don't use too much leverage) or just wait how it react at resistance and buy after breakout.
The uptrend line support is near $0.37 area.
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if CHR break this area, it can run a lot to previous ATHYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
CHR break resistance trendline !!!Rejection occurs on MA100 and is supported by crosses on MACD. If the closing price is above the trendline, I think the price will go up to $0.457
stay safe trader, always maka your analysis before a trade !!!
if you have any questions write in the comments column....
Happy Trade....
CHR (UPDATE)CHR did a great pump and reached almost $0.5 although CHR is now back below the resistance area leaving a long wick.
If you sold near $0.5 then you made 50% profit.
CHR need to break this resistance level otherwise we will see $0.3 - $0.33 area again.
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CHR Long IdeaCHR is in the beginning of an uptrend on HT as price is creating HH and HL. Ichimoku cloud turned bullish again. On 30M TF we bounced off of the 50 EMA and the Ichimoku cloud, MACD is about the make bullish cross and the RSI is above 50% line. This was enough for me to enter Long position targeting the previous swing high.
NFA