CHR TRADING AT TRADE LINE BOUNCE EXPECTED FROM HERE
CHR/BTC -a strong break above resistance at 345 sat -it would be healthy to retest 345 sat to become new support -if there is a sign of reversal at this area of confluence -entering a Buy position is ideal -the upside target is up to 416s sat -stop loss is placed under 335 sat
CHR/BTC -broke the minor uptrend trendline of support -currently testing the previous key support area -if this support will also fail -we will likely see a deep drop -the downside target for potential rebuy zone is between 295s-270s
CHR/BTC -my previous update yesterday was right -since CHR manages to hold the support after 8hrs -the price pump almost 80% confirming the clean breakout -I do not recommend to buy at this level anymore -tons of profit-taking has started -wait for the price come back to previous key support -before deciding to look for Buy entries
CHR/BTC -last May 27th, the cross ultimate indicator flashes Long signal priority -the price continues its uptrend by a 30% increase -it just broke the minor resistance again by over 10% -if the new support will hold for the next 24-48hrs -it is likely we will see another leg up to 324-416s
Prices are now moving inside the box shown in the drawing If 0.00000250 Satoshi is broken, we will see a strong bullish move Keep your eyes the coin this period Don't forget to support the idea by pressing the like button
CHR/BTC -forming a bullish ascending triangle -currently challenging the flat area of resistance -the safe trading setup is to buy the break confirmation -upside target is up to 324s immediate sell area -key stoploss is placed under 233s