Price action on CoreWeave (CRVW) has delivered exactly what high-probability ICT setups are built on. After the strong bullish expansion post-IPO, price retraced cleanly into the golden Fibonacci zone (62%–79%), aligning perfectly with a higher-timeframe Fair Value Gap (FVG).
This retracement holds confluence from multiple PD arrays:
- Golden Zone Respect → Buyers stepped in right at equilibrium levels, where institutional order flow often reloads.
- Weekly FVG → The retracement filled imbalance left on the weekly expansion leg, strengthening the bullish narrative.
- Volume Profile → The drop into this zone occurred on decreasing sell volume, suggesting sellers are exhausted while buyers accumulate.
If price continues to hold above this golden zone/FVG region, the bias remains to the upside with immediate targets at:
- $147 (Weekly Buyside Liquidity)
- $185 (Above Prior Weekly Highs)
- $198–200 (FVG Fill & Structural Target)
Ultimately, a full bullish expansion could send CoreWeave towards $360 (778% projection) in the long term if liquidity pools above are targeted. DYOR.
This retracement holds confluence from multiple PD arrays:
- Golden Zone Respect → Buyers stepped in right at equilibrium levels, where institutional order flow often reloads.
- Weekly FVG → The retracement filled imbalance left on the weekly expansion leg, strengthening the bullish narrative.
- Volume Profile → The drop into this zone occurred on decreasing sell volume, suggesting sellers are exhausted while buyers accumulate.
If price continues to hold above this golden zone/FVG region, the bias remains to the upside with immediate targets at:
- $147 (Weekly Buyside Liquidity)
- $185 (Above Prior Weekly Highs)
- $198–200 (FVG Fill & Structural Target)
Ultimately, a full bullish expansion could send CoreWeave towards $360 (778% projection) in the long term if liquidity pools above are targeted. DYOR.
INSIDERINTEL
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
INSIDERINTEL
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.