CHRUSDT trade ideas
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 Uptrend Continuation?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.
CHR Broke the ArrowheadAs expected, CHR broke the upper trend and TR-R together with demand volume and is rocketing up to the fibs. I'm using this chart to track it's trajectory.
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