#CRVUSDT Trading plan!Hi friends!
After a long accumulation of energy, the steam grew by 210%
At the moment, the price met resistance at the level of $ 2.722
At the same time, the price does not roll back and consolidates below the level.
This is a strong signal that the buyer is still gaining a position.
I plan to buy above the resistance level of $ 2.722.
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Crvusdt
Curve ($CRV) Bull Flag IdeaCurve is currently consolidating within a bull flag formation with 4 hour RSI preparing to cross from oversold conditions to trend reversal to coincide with price moving up.
If the pattern plays out, I expect it to breakout and head towards $2.80 region.
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CRV - 4h. The critical range $1.69-1.77The strong wave of growth that began on January 11 in the CRV market began to slow down. The main problem of growth inhibition was the range of $1.69-1.77.
As you can see in the chart on January 17, buyers failed to break this range, even on high volumes . Only after the correction and even high volumes, the price of CRV was fixed above the range of $1.69-1.77.
However, the price growth channel has changed. Trading volumes decreased . Now sellers are again trying to test this range. Buyers look quite confident and the current consolidation is more like increasing the position of buyers to continue to grow.
Therefore, in the short term we expect a repeat test of $2.25-2.35.
However, global CRV targets are higher . Where? See our global idea:
https: //www.tradingview.com/chart/CRVUSDT/mE2XspE6-CRV-12h-Harmonious-growth-needs-short-term-rollback/
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CRVUSDT LongDowntrend Bear Channel, Higher low potentially formed with a bullish engulfing. I am expecting this to be where we break the bear channel and head up to test new highs. Use your own strategy for setting your Stop Loss and make sure you trade with risk management in place. 1-3%.
Good Luck guys. This isnt a signal but its an idea/setup.