CHR is being completely unreasonable with this move. Earlier, a one-hour candlestick sent the price from 0.02085 to 0.02597. Then the next one bumped around near 0.0265, and afterward it retreated all the way to around 0.0215.
The market looks like a runaway elevator: it really did reach the top floor, but the moment the door opens, the price didn’t stay there. For $CHR , it’s a bit too early to talk about “strength”; I’d rather see whether it can first hold above the 0.022 area. If it can’t hold, then that move just felt like pressing the wrong floor; if it holds, then it has the right to look higher from there.
This line tugs my emotions too hard; for the next one, don’t just show me the excitement.
#CHR