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$CHR Shows a shift in the short-term structure, now retreating to a major support zone.
The $0.017–$0.018 area is considered strong support, and buying might be reasonable here with a stop loss just below it.
If the price loses this area and turns it into resistance, then short-selling will start to look more viable.
#𝐂𝐫𝐲𝐩𝐭𝐨 #GateSquareAprilPostingChallenge
The $0.017–$0.018 area is strong support buys can make sense here with a stop just below.
If price loses this zone and flips it into resistance, that’s when shorts start to look more valid.
#𝐂𝐫𝐲𝐩𝐭𝐨 #GateSquareAprilPostingChallenge