12h time frame
CRV is creating a double bottom in this falling wedge structure, and retesting this support of double bottom currently. According to two support - uptrend line and double bottom, CRV is performing a strong sign, which has big probability to reach the resistance from the wedge top (~0.85), also we can set SL based on the 0.382 Fibonacci...
4h time frame
CRV is creating a double bottom structure, and facing the resistance from neckline around 0.55. This bottom structure will be completed if CRV go above the neckline, then target will be set at 0.7, which is also the resistance of long-term downtrend line.
2h time frame
CRV is making a continuation structure of the pumping wave(0.464~0.544), here is a potential divergence triangle structure. If CRV accumulate pumping momentum from this zone, then we can expect it to take the upside.
TP: 0.577~0.594 / 0.62
This one is again at the entry level as it has revisited the support zone and dipped below after successfully executing our first long idea. I believe this is again an opportunity to long from here and the target again remains 0.854 first and extended 0.90 in case the price has momentum while breaking the first level.
The price broke the previous daily support and now trading inside the next daily support. The price is likely to head for the next daily resistance DR1 as marked on the chart. A probable upward move path has been depicted on the chart in sequence of steps L1, S2 and L3. Lets how the price action develops but the target is the daily resistance zone around 0.95-0.96...
crvusdt active stop hunt
It can be seen that the hunt for stops is taking place in the strong support range and it is expected that strong buyers will enter the market and lead the price to the rectangular ceiling.
Pattern: Bull Flag / Falling Wedge
TP 1: $1.01429
TP 2: $1.12343
TP 3: $1.21164
CRV is on the way to point 5 and will try to break out of the falling wedge on 3D time frame.
You can buy when it has broken out and retested the trend line successfully OR if the price reaches the buy zone (red area).
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
". There is a possibility of temporary retracement to the suggested support line (1.788).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. CRVUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is...