Some Alts Fully Decoupled from Bitcoin
Back on Halloween we wrote a Blog Post about the Shitcoin Index and we highlighted a few great prospects. You can re-read that Blog HERE. We talked about WAXP, CHR, HNT and WIN. WIN is the only one that has not made a very impressive move.
However, we are not here to talk about the past, we are here to talk about the Future and even with 100% move in the bag, do we see anything left for CHR?
CHR Crushing It
It took about 234 Days, an 85% Dump and a 673% upward move for CHR to break it’s previous ATH at $0.7666 and paint a new one at $0.8476. Since then, CHR has managed two more new ATHs with the current ATH sitting at $1.0333 – just about our first target area for potential Price Discovery resistance.
So now what?
We look to the next level at $1.1731 and then beyond that to $1.8290.
A lot of the market is quiet at the moment – we need to see some of these coins make an actual move in order to see any kind of direction.
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