This technical analysis contains;
- standard S/R lines
- previous support line
- all time high (unlabelled, but visible)
- two triangles
- two perfect breakouts
- my entry point
What's important when it comes to forming triangles though, is that you take notice of the point at which the 2 sides begin, not just where they end/come together.
The triangle points touch both the support and resistance levels, which is a clear indicator that the Chromia (CHR) market should hold a consistent movement of momentum. There have been 2 massive breakouts thus far, and there's zero indication yet that CHR has any plans of slowing down. It's a coin that isn't over-publicised on Twitter, you'll barely see any talk about it, which is fantastic because it's not a meme coin whatsoever, it's one with arguably the best launched roadmap of 2021 and im holding until $10+.
From the better part of 3 weeks since my entry point, I have discovered that:
Whilst BTC consolidates / CHR moves in a parabolic manner
Whilst BTC is bearish / CHR seems to consolidate
Whilst BTC is bullish / CHR is also bullish
- standard S/R lines
- previous support line
- all time high (unlabelled, but visible)
- two triangles
- two perfect breakouts
- my entry point
What's important when it comes to forming triangles though, is that you take notice of the point at which the 2 sides begin, not just where they end/come together.
The triangle points touch both the support and resistance levels, which is a clear indicator that the Chromia (CHR) market should hold a consistent movement of momentum. There have been 2 massive breakouts thus far, and there's zero indication yet that CHR has any plans of slowing down. It's a coin that isn't over-publicised on Twitter, you'll barely see any talk about it, which is fantastic because it's not a meme coin whatsoever, it's one with arguably the best launched roadmap of 2021 and im holding until $10+.
From the better part of 3 weeks since my entry point, I have discovered that:
Whilst BTC consolidates / CHR moves in a parabolic manner
Whilst BTC is bearish / CHR seems to consolidate
Whilst BTC is bullish / CHR is also bullish