#CRV HTF
If looking at W chart - the price high probably will come to one of the strongest resistance levels - 0.8083$
Which in my opinion will not be that easy to break from the 1st time. So some rejection we may see.
Any pull back till orange box zone is a good chance to buy the coin. Or look for another long positions.
Because I expect another bounce from there and this time the coin probably breaks through the resistance and towards to another strong level at 1.2$ (n.1)
Where bear reaction is possible. (n.2)
If #CRV manages to close with the W body candle above 1.2$ then most probably the zone between 1.2 and 1.39$ will be consolidation zone for another moves.
If the market by that time will be Positive, we may expect uptrend continuation towards to 1.87$ etc…
If the market turns out bearish, then the coin will dump back..
If looking at W chart - the price high probably will come to one of the strongest resistance levels - 0.8083$
Which in my opinion will not be that easy to break from the 1st time. So some rejection we may see.
Any pull back till orange box zone is a good chance to buy the coin. Or look for another long positions.
Because I expect another bounce from there and this time the coin probably breaks through the resistance and towards to another strong level at 1.2$ (n.1)
Where bear reaction is possible. (n.2)
If #CRV manages to close with the W body candle above 1.2$ then most probably the zone between 1.2 and 1.39$ will be consolidation zone for another moves.
If the market by that time will be Positive, we may expect uptrend continuation towards to 1.87$ etc…
If the market turns out bearish, then the coin will dump back..