Over the last month, CHR has formed a nice triangle for us to trade. This triangle came about after the stunning growth that CHR saw in February and early March. After such gains in a short period, it's logical that the price needs to cool down a bit before resuming it's way up.
Seeing that the current state of the crypto market is exceptionally bullish, I'd see CHR break out of the triangle soon, potentially forming a new ATH in the near future.
Happy trading!
Seeing that the current state of the crypto market is exceptionally bullish, I'd see CHR break out of the triangle soon, potentially forming a new ATH in the near future.
Happy trading!
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