CRVUSDT trade ideas
CRV/USDTThis currency is in a favorable condition. It is currently testing the resistance of the black line. If it cannot cross this range, a red curve will most likely occur.
And if it can enter the black range, after some time it can follow the purple curve according to the harmonic patterns.
Also, in the crv/btc chart, the daily situation is favorable, but in the weekly chart, it is testing the dynamic resistance and ma 100.
CRVUSDT Support And Resistance The fourth updateAs you can see, the price finally entered the resistance range and after stabilizing its movement, it was able to reach the ceiling of the official range and break it for a while, but due to the fact that it could not stabilize itself above this level, it entered A resistance range has been entered.
CRVUSDT is testing the resistance!It recently experienced a false breakout at the 0.95$ area, which means that the price briefly broke above a resistance level but then quickly fell back below it. This false breakout can be caused by a variety of factors, such as lack of buying pressure, profit-taking, or market manipulation.
A false breakout is a common occurrence in technical analysis and can be challenging for traders to navigate. When a false breakout occurs, traders need to reassess their strategy and look for new trading opportunities. In this case, the false breakout at the 0.95$ area may have resulted in new liquidity being added to the market, which could lead to further price movements.
According to Plancton's Rules, we would now wait for a new breakout from the current range, which means that the price needs to move above the current resistance level and close above it for at least one or two candles. This would indicate a new upward trend and provide a new long trading opportunity.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
CRVUSDT High time frame outlook looks bullishThis is how the long term looks like for CRVUSDT. Once the price closes above the current monthly resistance MR1, it will head for the monthly resistance MR2 which is around 2.55 level.That will definitely cause the price to push back and it shall attempt again to break that MR2 resistance.
CRVUSDT IdeaCRVUSD CRVUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
CRVUSDT Idea!CRVUSD | CRVUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.