Here's a quick look at the CHR Daily chart . As we can see, the price has broken out from its bigger downtrend and a bigger reversal could be upon us. If you didnt catch the breakout from the previous setup , then the best entry now would be when the price breaks above 0.682$ with good amount of volume . Definitely one to keep an eye on!
------------------------------------------- The idea is: Buy when the price breaks above 0.682$ and take profits at the levels shown in the chart.
Targets:
1. 0.75$ 2. 0.86$ 3. 0.97$ 4. 1.24$ 5. 1.5$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.