- CHR is breaking out from its consolidation sideways movement and seems to be starting its bull trend as expected.
Technicals :
- CandleStick formation looking good after a breakout signaling candle on the 4H chart and seems to be a good one on the 1D chart too.
- Falling wedge pattern already formed and trying to breakout for an impulsive 3 to 5 wave formations for now.
- Volume looking good and signal line showing a bullish trend incoming too.
Accumulation Recommendation : 114 sats - 120 sats
Distribution Targets :
Target 1 : 131 sats
Target 2 : 144 sats
Target 3 : 157 sats
Target 4 : 176 sats
Target 5 : 200 sats
Target 6 : 269 sats+
Stop Loss : 105 sats
By @cryptotalket
Technicals :
- CandleStick formation looking good after a breakout signaling candle on the 4H chart and seems to be a good one on the 1D chart too.
- Falling wedge pattern already formed and trying to breakout for an impulsive 3 to 5 wave formations for now.
- Volume looking good and signal line showing a bullish trend incoming too.
Accumulation Recommendation : 114 sats - 120 sats
Distribution Targets :
Target 1 : 131 sats
Target 2 : 144 sats
Target 3 : 157 sats
Target 4 : 176 sats
Target 5 : 200 sats
Target 6 : 269 sats+
Stop Loss : 105 sats
By @cryptotalket
