CRV has falling out of the range and out of the rising channel putting in question our target of $7.2 . Current measured move of the ascending channel is $3.85 which coincide with the lower range support.
However currently price is at the higher range support and has formed an 1H bullish div with the 1H MACD flattening out, suggesting a resumption of the uptrend or at least a retest of the ascending channel.
If price manages to break back into the channel then this is a bullish fakeout. If not then $3.85 is real.
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broke back in for the second time and looks like it found support.
nice chart bro i tend more for a long too like for me our main target it's ~9$,will see
nagihatoum
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@trytofeelpositive, As long as the market don't puke. i.e. BTC, these targets are plausible.
trytofeelpositive
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@nagihatoum, I agree with you, in my subjective opinion, bull run is not over yet, and the main goals for many coins have not yet been met, time will tell Happy New Year mate :)
nagihatoum
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@trytofeelpositive, I see btc bull run in a retrace, you can always get money cycling into alts, in the pauses on the way down, like what happened to theta in September 2020. Happy New Year mate.
trytofeelpositive
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@nagihatoum, we are in the accumulation phase, I laid out an idea in which I drew 3 possible global markings for bitcoin, as for me we are now in a global triangle wave (4) after the formation of which we will see last movement up before the start of the bear market All charts inside 1 idea
UnknownUnicorn14679555
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Kinda triple topped
nagihatoum
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@CryptoYoungOG, this coin like Luna has a lot of push.
MMBTtrader
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if price go above that trendline we had fakeout and we can expect local rise
i tend more for a long too
like for me our main target it's ~9$,will see