The suitable short position for CRV is as I have indicated in the chart. There seems to be a small bullish opportunity for Bitcoin in the short term, and when that happens, the CRV will follow.
Should the CRV break its turquoise downtrend, it will be necessary to watch out for volume. Usually, when it breaks the trend, it makes a small rise for liquidity cleanup. Therefore, it is necessary to watch the hourly and 4-hour volume candles carefully when the CRV price hits the $0.84-$0.898 price zone. It should not be forgotten that closing the candles is important, not the candlestick.
What I write here serves as a note to myself. Does not include investment advice.
Should the CRV break its turquoise downtrend, it will be necessary to watch out for volume. Usually, when it breaks the trend, it makes a small rise for liquidity cleanup. Therefore, it is necessary to watch the hourly and 4-hour volume candles carefully when the CRV price hits the $0.84-$0.898 price zone. It should not be forgotten that closing the candles is important, not the candlestick.
What I write here serves as a note to myself. Does not include investment advice.
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