CHR breaking this big structure!12h time frame
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CHR breaking above this triangle.
Retesting is opportunity to open long around 0.16.
A plan with great RR!
Target: 0.22~0.266
SL: 0.15
Chrudst
CHRUSDT - Channel BrekoutCHRUSDT (4h Chart) Technical analysis
CHRUSDT(4h Chart) Currently trading at $0.728
Buy level: Above $0.710
Stop loss: Below $0.632
Target 1: $0.772
Target 2: $0.825
Target 3: $0.885
Target 4: $0.968
Max Leverage 2x
Always keep Stop loss
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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.
