CHRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
Looking at CHR/USDT in a daily time frame, we can recognise that the price lost its previous support, transforming it into a resistance area which we identified as a red line. Yet the support area we already detected and highlighted in green is expected to act as a pullback zone, inducing a recovery for which we consider an end after a new collision whith the resistance line marked above. This scenario would lead to another fall. Furthermore we take the opposite case into account in which the price could make its way through the first as well as the second resistance line, giving us a signal for a further rise.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck