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CRV Local resistance break out and Channel
CRV
CRV Local resistance break out and Channel
By DanDot
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May 8, 2021
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May 8, 2021
CRV appears to have broken out local resistance inside a channel and tested 3.50 as support
I have opened a trade around $3.58.
I expect we'll test the top of the channel, I'll take some profit there.
If we break out the top of the channel we will likely head to about $6 zone where what appears to be the next major resistance.
Support and Resistance
Trend Lines
DanDot
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