electroforx

CHR/BTC trend

Long
BINANCE:CHRBTC   CHR / Bitcoin
-we can see good trading volume including strong buy orders
-CHR is strong bullish currently as the RSI is holding the overbought territory
-the next key level to watch is the resistance at 837 sat
-it is good to buy in this range? since there is a chance we see another leg up?
-good question but can you take a wide range of stop-loss under 500 sat?
-that is down under -20% loss if it will hit you?
-the market is bullish but you need to assess the risk-reward ratio too!!
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