CHR 4H

CHR had a good run in November, broke through its 7-month resistance of 0.5389, and went on to an all-time high of 1.5 on November 20.

But even before the bloodbath witnessed last week where CHR dropped nearly 93%, it was already down about 69% from its ATH between November 20 and December 2. It has since recovered some 38%. So firstly, we need to wait the recovery of BTC again, may drag again.

Secondly, if CHR will break out of first so we will consider for the entry E1, E2.

Good luck !
Trend Analysis

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