CHR/BTC (Bearish Short Term Pattern?)

💎Technical Analysis Summary💎
BINANCE: CHRBTC
-CHR is following a Bearish rising wedge pattern
-The price touches the key level of resistance
-We saw a strong rejection sending the price back inside the channel
-Though the pattern still valid for an uptrend
-For me personally, I won't trade Long on rising wedge patterns
-Especially if the price already hits a key resistance area or profit zone
-I will wait for better bullish patterns instead
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BINANCE: CHRBTC
-CHR is following a Bearish rising wedge pattern
-The price touches the key level of resistance
-We saw a strong rejection sending the price back inside the channel
-Though the pattern still valid for an uptrend
-For me personally, I won't trade Long on rising wedge patterns
-Especially if the price already hits a key resistance area or profit zone
-I will wait for better bullish patterns instead
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.