CRV / TetherUS
Updated

CRV ANALYSIS (1D)

1 493
The smaller structure of CRV is bearish. It is expected to reject downward from the red zone, with our rebuy zone being the green area.

Given that the internal structure is bearish, it is ultimately expected to reach the green zone.

Closing a daily candle below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
It pumped over 54% and reached the red zone. You need to be cautious with this red zone, as it may reject the price. If you're planning to open a sell/short position, make sure to wait for confirmation and a trigger, and manage your position size and leverage carefully.
snapshot
Trade closed: target reached
After hitting the red zone, the price has dropped over 26% so far. In the mid-term, this drop may continue | possibly with some time-based correction—toward the green zone.

We will only consider entering a bullish swing position within the green area.
snapshot

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.