CHRBTC
CHR/BTC (Bearish Short Term Pattern?)💎Technical Analysis Summary💎
BINANCE: CHRBTC
-CHR is following a Bearish rising wedge pattern
-The price touches the key level of resistance
-We saw a strong rejection sending the price back inside the channel
-Though the pattern still valid for an uptrend
-For me personally, I won't trade Long on rising wedge patterns
-Especially if the price already hits a key resistance area or profit zone
-I will wait for better bullish patterns instead
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
CHR/BTC (Rejected @ Trendline resistance?)BINANCE: CHRBTC
-CHR found support at previous resistance area around 400 sat
-The price bounces up to 584 sat which is a 67% increase from low to high
-But yesterday got rejected by the trendline resistance
-I expect it to pullback and potentially retest the previous support
-And try to form a double bottom reversal
-I recommend buying the break of trendline resistance
-Because it will likely confirm a reversal
-And continue higher in the coming weeks
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Thank you! :)
CHR Bullish Potential 30%Welcome to this quick update
CHR is looking ready to refuel and after some consolidation we can expect huge breakout to the upside.
Now in accumulation state and finding dynamic support.
Now we can DCA or keep our eyes glued to CHR and when we break R1, we blast off!
ENTRY: CMP (Current Market Price or DCA )
TARGETS:
644
680
768
Moon
If you like these setups,join our TG channel @CryptoPeak and please hit the like button and share your views in the comment section.
Stay safe
#PEACE
This is what I think.
Share your opinion guys!
CHR Bullish Potential 40%Welcome to this quick update
CHR is looking ready to refuel and after some consolidation we can expect huge breakout to the upside.
Now in accumulation state and finding dynamic support. Once we can successfully break R1, we can easily go to R2 and potentially to R3.
Now we can DCA or keep our eyes glued to CHR and when we break R1, we blast off!
ENTRY: CMP (Current Market Price or DCA)
TARGETS:
513
534
590
719
If you like these setups,join our TG channel @CryptoPeak and please hit the like button and share your views in the comment section.
Stay safe
#PEACE
This is what I think.
Share your opinion guys!
chrbtcVirtual money has high profits and high RISK. THIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion.
If you find this useful and want more FREE guesses.
Please show your support.
Press the Like button.
Leave your feedback to us in the comments section!
Thank you very much for your support.
Let us know how you see this opportunity and forecast in the comments.
Abundant earnings .
CHR/BTC (Bearish Short Term?)CHR/BTC
-The price is currently testing the recent key support at 517 area for the 3rd time
-Technically, this is not good as the support becomes weaker over time
-If CHR is unable to break the downward trendline, it is likely to go down
-To the next key support area which is at 439 sat
-But if the Bulls can fight the short term downtrend
-We can see a retest of 600-700 potential new resistance
-This is a waiting game who will win in the short term
-Please wait for the breakout to avoid getting caught on the wrong boat