TRADE OF THE DAY | CRV looking like a breakdown incoming
A significant bearish divergence and a break of the trendline on the RVOI whilst trading below retesting the 50EMA is setting up for a continued break down. There is also news of a risky loan in AAVE and the resulting liquidation threat for CRV have pushed the governance token to a 1-year low.
A significant bearish divergence and a break of the trendline on the RVOI whilst trading below retesting the 50EMA is setting up for a continued break down. There is also news of a risky loan in AAVE and the resulting liquidation threat for CRV have pushed the governance token to a 1-year low.
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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.