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crypto_trends
Apr 15, 2021 1:20 PM

CRV cup and handle breakout Long

CRV / US DollarBinance

Description

CRV looks to have broken out of the cup and handle pattern I mentioned a few days ago.

There still looks to be some resistance around 3.80 USD, but if that breaks, 4.40 USD looks to easily be within reach and beyond. There also looks to be no red flags indicating a fake out from MACD and RSI from what I can tell, so it looks like the largest risk I see is if BTC loses support, as no trend is guaranteed and all bets are off if BTC breaks (would love to hear your thoughts if you see something otherwise, so please leave a comment if you disagree). Otherwise, CRV definitely looks to be an alt to keep an eye on in the next few days.
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