Yello Paradisers, take note! #Chromia
π CHR has Break out its major descending channel pattern, signaling bullish momentum on the hourly timeframe and setting the stage for further upward movement.
π Before this pivotal moment, CHR had lost its key support area and dipped lower. However, it managed to consolidate at lower levels, successfully reclaiming the key support and breaking the pattern with significant volume. This marks a remarkable recovery for CHR.
π While CHR still exhibits a bearish trendβevidenced by its chart showing lower highs and lower lowsβthe successful breakout and reclaiming of key support suggest that CHR could potentially break past its previous lower high to establish a new higher high.
π Caution: This bullish outlook could be invalidated if CHR closes below the designated Bullish Invalidation level on the daily chart.
Keep your eyes on the charts and stay tuned for more updates! π΄
π CHR has Break out its major descending channel pattern, signaling bullish momentum on the hourly timeframe and setting the stage for further upward movement.
π Before this pivotal moment, CHR had lost its key support area and dipped lower. However, it managed to consolidate at lower levels, successfully reclaiming the key support and breaking the pattern with significant volume. This marks a remarkable recovery for CHR.
π While CHR still exhibits a bearish trendβevidenced by its chart showing lower highs and lower lowsβthe successful breakout and reclaiming of key support suggest that CHR could potentially break past its previous lower high to establish a new higher high.
π Caution: This bullish outlook could be invalidated if CHR closes below the designated Bullish Invalidation level on the daily chart.
Keep your eyes on the charts and stay tuned for more updates! π΄
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Follow a team of traders with 10+ years of experience?
JOIN FREEπ t.me/+IaNzEzXsdiBlNDg0
ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV