CRV/USDT : Zones to support the movement ! BINANCE:CRVUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#CRV shows the strength in the past couple of days, Also it has almost got the ATH and the volatility in movement is kicking the Leveraged traders out of the party..
Now I'm going to point some of the important areas of interest and the S/R levels; Which are helping to improve your trading points and movement's sight; Follow me 😉👇🏼
First of all I would like to point the lower EMA200 which can be a promising support into the lower S/R zone !
Currently #CRV had the pullback from the lower Demand zone and now it has reached the S/R line; I'm expecting the next leg down to happen from here and gave us this opportunity to fill our bags and aim the local high and higher levels..
However there is a possibility for bulls to push the pair above the current S/R line and change our bias from neutral-bearish into bullish.
I'll be looking three levels to react, Higher S/R line - Lower Demand and Major support with EMA200.
🔴 I would like to mention that in any case of confirmation below $4.512, It's better to close our LONGs and wait for $4010 to shows the positive react.
📈 In any terms of break above of the S/R line; I would target the higher bearish order-block's High and the FIB extension's targets for new ATH !
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Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
