PolarHusk

CHR/BTC (Rejected @ Trendline resistance?)

BINANCE:CHRBTC   CHR / Bitcoin
BINANCE: CHRBTC

-CHR found support at previous resistance area around 400 sat
-The price bounces up to 584 sat which is a 67% increase from low to high
-But yesterday got rejected by the trendline resistance
-I expect it to pullback and potentially retest the previous support
-And try to form a double bottom reversal
-I recommend buying the break of trendline resistance
-Because it will likely confirm a reversal
-And continue higher in the coming weeks



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