CRVUSDTPERP
Updated
Hello my dear friends
In the lower time frames, we do not have a signal to continue the upward trend, on the other hand, we have the negative divergence of the RSI.
We have reached an important range, there is even a possibility of consuming all the orders in this range. But the probability of entering the $1.62 zone!?!?! I do not think ....
If the current trend falls below the price range of $1.126, the possibility of a decrease to the range of $0.981 and $0.697 is high.
Don't forget, the bullish channel was maintained on the higher time frames.
As a result, the blue zone ($0.697) and the yellow zone ($0.648) are very important for us.
We would be happy to hear your comments
In the lower time frames, we do not have a signal to continue the upward trend, on the other hand, we have the negative divergence of the RSI.
We have reached an important range, there is even a possibility of consuming all the orders in this range. But the probability of entering the $1.62 zone!?!?! I do not think ....
If the current trend falls below the price range of $1.126, the possibility of a decrease to the range of $0.981 and $0.697 is high.
Don't forget, the bullish channel was maintained on the higher time frames.
As a result, the blue zone ($0.697) and the yellow zone ($0.648) are very important for us.
We would be happy to hear your comments
Note
Trade active
We reached the first range, we have to see how it will deal with the blue range ($0.98).Trade active
The price range of $1.392 was completely consumed, this issue increases the possibility of the formation of an upward trend.But we expect the correction process to be completed within the specified range.
Trade active
If the current trend is below the price range of $1.089, the probability of reaction to the yellow range ($1.534) increases.
Why should the range be consumed first, then we will enter!?!?! Because we have to get the confirmation of the change of process (;
Trade closed: target reached
The downward trend reached the specified range and has reacted to this area.There is a high possibility of the continuation of the upward trend up to the yellow range ($1,534).
Considering the maintenance of the price range of $0.955, the possibility of reaction to the yellow range ($1.534) and the continuation of the downward trend has been weakened.
Now we have to see what reaction we will have to the yellow range.
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