$CRV range $.28 bottom, to retest $4.32?
Updated
CCRV looks like it's coming to the end of it's downtrend. It looks like we're bottoming in a wedge and that price should test the bottom of the structure prior to breaking out.
Should this happen, price should bottom around the $.28 level and then I think after that, we're likely to break out of the structure to begin the next bull move.
I think it's likely that we go retest the 50% retracement at a minimum up at $4.32 after we breakout of that wedge.
Let's see how it plays out.
Should this happen, price should bottom around the $.28 level and then I think after that, we're likely to break out of the structure to begin the next bull move.
I think it's likely that we go retest the 50% retracement at a minimum up at $4.32 after we breakout of that wedge.
Let's see how it plays out.
Note
Entered $.261Note
Entered again at $.247, $.251
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