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Wamses
Dec 18, 2021 12:15 AM

CRV PERSONAL ANALYSIS IN THE LONG TERM Long

CRV / TetherUSBinance

Description

Charts show common supports and resistances based on the Fibonacci and price action. The total evaluation for the CRV coin is bullish. Despite having a current bear trend in BTC, the coin itself still is above its 200 Moving Average and that would mean for each and every drop would be considered a buying opportunity especially if the Relative Strength Index dictates oversold. I am accounting for a possible retracement of a rejection for CRV since anything higher than the 0.5 is already very strong resistance, but as long as it is above the 200 EMA then you can have a better edge longing there and as well as the 0.236.

The recommended strategy for this coin is to long it in oversold regions/near 0.236 FIBS during a confirmed bull market and short it from the 0.618 above in a major downtrend.
Comments
Cullit
Great Chart!
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