CRVUSDT price has been falling since the begging of 2022. It dropped by around 90% from its top of $6.9.The price is still under 21 and 30 day EMAs. So, there is no need to change the strategy. It is still a bear trend. I expect the price will test November-December 2021 lows, and even lower in the next term.
After this sell-off, there will eventually be a consolidation. But this is another story.
This may mean that there will be a bearish + consolidation period in the next couple of months. To recap, a bearish trend is the main scenario.
This is not a financial advice. Trade wisely.
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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.