MyCryptoParadise_Nathan

CRV/USDT What's the next move ? Break the resistance or Fails

BINANCE:CRVUSDT   CRV / TetherUS
๐Ÿ’Ž CRV has undeniably attracted significant attention in the market. Presently, CRV is undergoing consolidation in the demand area, previously identified as a supply zone. The movement of CRV is forming a symmetrical triangle pattern.

๐Ÿ’Ž If CRV successfully breaks the resistance pattern of the symmetrical triangle, there's a likelihood of continued upward movement toward the resistance area. Breaking the crucial resistance area at $0.657 is essential for further upward momentum, potentially reaching our target supply area.

๐Ÿ’Ž The unfavorable scenario is confirmed if, during the retesting phase at the demand area, CRV fails to maintain its position and undergoes a breakdown. In such a case, CRV may revert to the next lower demand area, necessitating a bounce to reclaim the demand before considering further upward or downward movement toward the next lower demand level of $0.46.






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