A quick look at #Chromia (#CHRUSDT, #Binance, 4HR):
Price timidly broke the upper resistance of the wedge pattern on April 8, but it has also been trading within a range since March 16.
CHR needs to break R1 before aiming to TP1.
If rejected at R1, price should go back to the EMA200 or S1 and, if that does not hold, to S2.
If you want to read more about Chromia on CoinMarketCap, click here.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
------------------------------------------------------ Needless to say, this is not financial advice!
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We barely made it, but our stop loss was not hit. Looking ahead, price needs to find a strong hold on the current level to push higher. The resistance above is quite strong!
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