22/08/2021 CRVUSDT Daily S/R| Local S/R| Price Action| Trend
Evening Traders,
Today’s analysis – CLVUSDT – trading above its Range Low where a trend continuation is probable,
Points to consider,
- Price Action Impulsive
- Range Low Support
- Range High Resistance
- Swing High Objective
CLVUSDT’s immediate price action is trading above its Rang Low, holding this level allows for a bullish bias.
The Range High is immediate resistance, exceeding this level will likely test the swing high region.
The volume profile is currently below average, an influx is imminent when testing a key trade location.
Overall, in my opinion, CLVUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Intelligence is the ability to observe yourself without judging yourself. In essence, this is mindfulness.” Mindfulness”
― Yvan Byeajee
Today’s analysis – CLVUSDT – trading above its Range Low where a trend continuation is probable,
Points to consider,
- Price Action Impulsive
- Range Low Support
- Range High Resistance
- Swing High Objective
CLVUSDT’s immediate price action is trading above its Rang Low, holding this level allows for a bullish bias.
The Range High is immediate resistance, exceeding this level will likely test the swing high region.
The volume profile is currently below average, an influx is imminent when testing a key trade location.
Overall, in my opinion, CLVUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Intelligence is the ability to observe yourself without judging yourself. In essence, this is mindfulness.” Mindfulness”
― Yvan Byeajee
Join my free telegram! t.me/chartdoctorsanconsultants
Follow me on Twitter! twitter.com/pinkdawn__
Follow me on Twitter! twitter.com/pinkdawn__
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.