TheMentalTrader
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$CRV
breaking out at any moment.
reaching an Apex! If it breaks down, then we testing $.92 while a break upwards would most likely result in continuation to $1.2ish
thoughts?
CRV-6.95%
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$CRV
Gm
The yellow line is range low at $0.92, mid-range at .965 and range high at 1.02
A break above the white lines would result in immediate contiuation to $1.25 imo
A break below range low, then we most likely head towards the 200 hourly EMA currently at.85 down to .82
Thoughts/questions?
CRV-6.95%
GMWAGMI-0.42%
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GateUser-ee98c11fvip:
Makes some sense😃
$CRV
BULLISH
This type of PA, sideways consolidation after a pump, is what we need for further upward continuation.
As far as charts go, I would say that as long as we hold above the horizontal yellow line at $ 0.92, we are likely to break up towards $1.25 with no further downside.
If we lose it, however, it won't change much except a quick flash down to the hourly 200 EMA and then rebound back up to our target at $1.25
And that is the real test imo. If we take it, then nothing is stopping us until $2.5 to $3ish
thoughts/question?
CRV-6.95%
PUMP-12.77%
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$CRV
gm
Still eying $0.92 for a long scalp.
If it breaks down to we hit, $0.82
CRV-6.95%
GM-1.03%
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$CRV
gm
Just closed all my low-leveraged longs.
I think we are in for a quick retrace, down to $0.92, if that fails, then down to $0.82
Why is that? 3 technical reasons,
We are printing a clear rising wedge, MACD, and RSI Bearish Div
will be a good Buying the dip Opportunity imo.
CRV-6.95%
GMWAGMI-0.42%
JST-0.34%
WHY-2.82%
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$CRV
gm
Feels damn good waking up to $CRV at $1.
CRV-6.95%
GMWAGMI-0.42%
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$CRV
We just had a 10% 15-minute candle stick 👀 the first of its kind since ages.
Full send t9 $1.3, then comes $3
CRV-6.95%
JST-0.34%
SEND-3.18%
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$CRV
just had a quick 30 mins scalp.
With such market conditions this is basically free money.
CRV-6.95%
JST-0.34%
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$CRV
if you think this is bullish, wait until we go on full send it mode.
I mean +25% daily green candles. And weeklies will print +100%! It goes on for straight 4 to 8 weeks before slowing down.
It just how $crv's PA behaves once it gets into the what I call "expansion phase".
During which, we do not see higher time frame deep retraces, but rather just lower time frame ones, which, as I said, offer great scalping opps.
Thoughts/questions?
CRV-6.95%
SEND-3.18%
MODE-9%
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$CRV
Bullish Weekly Close!
just closed the weekly as a bullish engulfing candle! Engulfing the last 4 weeks of downside PA.
I expect any sort of lower time-frames pullbacks to be immediately bought back up.
Gonna offer some good longing opportunities over the next weeks.
CRV-6.95%
JST-0.34%
OVER-13.03%
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$BTC.D
👀👀
This would be an ideal scenario for $CRV to take off
BTC0.73%
CRV-6.95%
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$CRV
It's great waking up to some action after a while. Strong $CRV 💪
CRV-6.95%
STRONG-3.24%
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$CRV
12H, Daily chart.
We've had a nice breakout, and price is now reaching this white trendline on the 12H chart.
But how significant is it,though?
It's actually confluent with the 50 daily EMA! and right above it, we've got that yellow horizontal S/R level and key daily EMAs (100 & 200) So, I would say a reclaim and maintaining above it as a support would be super bullish for a potential visit of May's high and probably contiuation beyond it if bitcoin dominance sees full blow off the top we are currently trading at.
Thoughts?
CRV-6.95%
H1.16%
SAY2.81%
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$CRV
A successful breakout would result in a quick move to $0.62 imo
CRV-6.95%
MOVE-0.09%
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$CRV
update
daily and 4H chart
The Daily seems to be holding the blue EMA and currently bouncing off of it. That's good!
4 hour chart, shaping up as a clear falling wedge, usually breaks upwards and has a target up at $0.7
A falling wedge is a reversal pattern, so this could mark the end of this correction and the start of the next impulse.
thoughts?
CRV-6.95%
H1.16%
BLUE-5.32%
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$CRV
UPDATE
At the daily Major EMAs, usually a pivotal key level. Meaning it's important to hold these in order for the daily chart to continue its bullish bias.
The blue EMA is the last support in line. Trading below it would result in bearish crossovers across daily EMAs switching charts from Bull to Bear.
But, For now I would say $CRV is now offering a historical buying opportunity with the best possible RR for both swing traders and those willing to Hold for the next few months. We rarely get this deep of a move into major Daily EMAs during an uptrend. So, those who take advantage of it w
CRV-6.95%
MAJOR-4.08%
A-4.09%
HOLD1.53%
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