After a couple bad trades I decided it would be smart to continue logging my trades here, in order to make the process clearer for myself. CRV seems to be one of few shitcoins that are oversold on 1D and 4H and close to its bottom on Binance. I think there is a good probability it will make 20-30% gains in a couple days to a week if BTC shows strength. Otherwise...
The price is moving from 3.00 to another target retracement based on my trendline,
This CRV possible to swing back and my guess is, it will follow as SOL pattern,
As you can see, CRV coin is more related with REN coin in DeFi project.
That why i expected, there will be good movement and profit for CRV coin.
my analysis based on rejection downtrend pattern...
Lord have mercy this is the biggest buying opportunity in all of crypto at this present time! Folks, buy it and just watch the price go up. Target could be 8 bucks!!
I am not a financial advisor and I am still learning , but based on what I learned so far, for those who are day trading I would consider selling now (currently 5.5usd) and take some profit, the reason for this is that from what I learned so far our new level of resistence, which is also our very first low is around 5.9 USD, from what I learned 95% of the time...
The NEw coin on the Futures market, Usually doubles by the time it goes down, should go at least 7 or 8 dollars, go big or go home :)
Enter ASAP
Trade Details
✔️Entry Buy: NOW
💰 Take Profit A: 4.916 ✔️
💰 Take Profit B: 5.085 ✔️
💰 Take Profit C: 5.365 ✔️
💰 Take Profit D: 5.808
💰 Take Profit E: 6.093
💰 Take Profit F: 6.507
💰 Take Profit G: 6.803
💰 Take...
CRV is trading inside a channel accumulating before pushing for higher highs.
It's currently inside pennant and I think if it breaks out of it, will also breakout of the channel.
Keep an eye on BTC, the party pooper!
Trade thirsty, my friends!
Broke below expanding wedge, if this isn't a fake breakdown, we may be moving down. If we get back into the channel and stay, a re-test of the 4 dollar resistance area is possible.
Just had a wave down on CRV, I expect we'll trend higher to the 0.382, 0.5, or 0.618 retracement before seeing another dump lower. Have profit targets at the 0.382 level, and then will manage it by ear, stop loss is below the recent low below $2.5.
CRV double-bottomed with a slightly lower bottom, and then broke out of it's long-term downtrend and gave us another >30% move.
It has now made multiple attempts to break through resistance here (red box), and we've printed an inverse head and shoulders below the resistance.
These don't always play out, so trade carefully. 30+ % is a wonderful place to take...
![CRVUSDTPERP: CRVUSDT:PERP (LONG +71%] TP 3/9](https://s3.tradingview.com/e/EJRjhzGN_mid.png "CRVUSDT:PERP (LONG +71%] TP 3/9")
