CRV broke out of the ascending triangle in blue after doing a beautiful retest of resistance turned support (top of the triangle) yesterday.
This confirmed that we will have continuation and a higher price level. This was confirmed today and we're clear to go to at least $3 before facing any significant resistance.
If we manage to break $3 then we're clear to re-test our local high at just over $3.6. After that, FOMO is in order.
The indicators are also looking sexy, MACD is positive with a nice cross, RSI is expanding up and volume is not that bad... great.
Bias remains very bullish on CRV so far we keep price above $2.4 which is also our support.
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This confirmed that we will have continuation and a higher price level. This was confirmed today and we're clear to go to at least $3 before facing any significant resistance.
If we manage to break $3 then we're clear to re-test our local high at just over $3.6. After that, FOMO is in order.
The indicators are also looking sexy, MACD is positive with a nice cross, RSI is expanding up and volume is not that bad... great.
Bias remains very bullish on CRV so far we keep price above $2.4 which is also our support.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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