CRV is one of my favorite DeFi projects.
As its very obvious from the chart on this timeframe. The coin as on overall has formed a cup & handle shape.
It a reversal shape and my favorite trades goes in this shape. At the same time I am waiting for the breakout from the triangle and a retest.
My TP's will be the previous resistance levels.
As its very obvious from the chart on this timeframe. The coin as on overall has formed a cup & handle shape.
It a reversal shape and my favorite trades goes in this shape. At the same time I am waiting for the breakout from the triangle and a retest.
My TP's will be the previous resistance levels.
Trade active
The first TP target and the previous resistance hit yesterday. " I CANT POST UPDATED PICTURES OF THE CHART " support me to reach the level of reputation.
Since there is no candle closure above 4.33$ (the profit target 1), what I would look at is to touch the previous support zone at 3.58$ - 3.62$, retest and pump back to the higher levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.