CRVUSD (Waiting for the trend line Breakout)#CRVUSDT Technical Analysis Update
Waiting for the Trendline Breakout
CRV/USDT currently trading at $0.565
LONG ENTRY: Above $0.605 (Only enter long if 4 h candle close above $0.605)
STOP LOSS: I will update once I see the Breakout
Resistance level 1 (Target 1): $0.700
Resistance level 2 (Target 2) : $0.855
Resistance level 3 (Target 3) : 0.960
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
CRV
CRV Retracement began - UP we goOne of the most promising coin in the DEFI fell from 5.75$ to 0.32$ in les than 3 months.
By simply doing the Fib retracement, we should hit the basic 0.236 FIB at 1.50$. Thats nearly 100% that should be done easy by EOY.
Simply following Elliot Waves, we could see we are in WAVE 3 leading to 1.15$-1.20$
The golden fib is near 3.65$, 465% from here.
As violent the fall, as violent the retracement. Compared to YFI retracement (44k to 7.5k to 32k), it is indeed promising.
YFI show us the way in a sens of the alt season to come.