TRADE OF THE DAY | CRV looking like a breakdown incoming
A significant bearish divergence and a break of the trendline on the RVOI whilst trading below retesting the 50EMA is setting up for a continued break down. There is also news of a risky loan in AAVE and the resulting liquidation threat for CRV have pushed the governance token to a 1-year low.
A significant bearish divergence and a break of the trendline on the RVOI whilst trading below retesting the 50EMA is setting up for a continued break down. There is also news of a risky loan in AAVE and the resulting liquidation threat for CRV have pushed the governance token to a 1-year low.