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BiTBingo
Feb 2, 2024 7:49 AM

CRVUSDT Long

BINANCE:CRVUSDT240
CRV / TetherUSBinance

Description

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Hi guys
We can expect growth if the downward trend line is broken and the support range of $0.4149 is maintained.

My preference is to wait for it to HH be created. If the approval is issued, then I will enter into the transaction.

What do you think?

Trade active

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SO nice


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233 / 5,000
Translation results
Translation result
The first phase of the scenario was completed.

Our view of this bullish trend is maintained as long as the $0.4362 support zone is maintained.
If this support area is lost, the above view will expire.

But I enter a buy deal on the yellow area. Let's see what happens


Trade active

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charming, isn't it?

Trade active

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First Target

+20% Spot

Trade active

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There are a few more steps left to become a full target.

So far, we saved a step on the price of 0.6 profit.

Trade closed: target reached

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Full Target
Support and ResistancePivot PointsDouble Top or Bottompriceactionpriceactionanalysispriceactionstrategyreadthemarketcrvusdtbuylongsignalcryptos
Comments
valonre
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1D breakout down CRv is in risk to crash 0.25
BiTBingo
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@valonre, I don't know where you came up with this price range, but the long-term area has been preserved in the previous declines.


If we miss this support area, we will check lower areas.

Thanks for your comment
JustTyrex
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think we go straight on to top the dollar look how nice double support touched
harchenko93
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Do you expect higher prices after reaching 0.7$?
BiTBingo
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@harchenko93, I prefer to go with the price
For now, my last target is the price range of $0.6977

But in the medium term, as soon as the long-term downward trend line is broken and confirmation is issued, yes, higher areas can be reached (;
MyCryptoParadise_Nathan
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I think it can consolidate & stays here to trap retail traders & then we can expect a bullish move on it, once it remove all the weak hands
BiTBingo
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@MyCryptoParadise_Nathan, Exactly
We should get the reward of our patience and strategy
asdfdps
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Reasonable approach.
BiTBingo
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@asdfdps, We have to wait for confirmation

THX
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