CRV/USD - Bullish price action facing its first test! $2.4
CRV has done a nice recovery so far, pumping *only* 115% since the bottom on 25 May.
Now we have bullish indicators on daily, with MACD doing a bullish cross on the moving averages + a positive histogram. RSI moving higher as does StochRSI... all things point up.
BUT!
Do you see that resistance at $2.4? That is a nasty one. I'd be surprise for us to move above it without a fight. We could be rejected here this time, then later we can push higher.
If we do go above it and make it support, then we're back in business and the next target is $2.8 and later above $3.
Finally some excitement in the market. I am somewhat bullish for now since if ETH/BTC (my ideas linked below) push above their current resistance levels, all market will be lifted. Lets see.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Now we have bullish indicators on daily, with MACD doing a bullish cross on the moving averages + a positive histogram. RSI moving higher as does StochRSI... all things point up.
BUT!
Do you see that resistance at $2.4? That is a nasty one. I'd be surprise for us to move above it without a fight. We could be rejected here this time, then later we can push higher.
If we do go above it and make it support, then we're back in business and the next target is $2.8 and later above $3.
Finally some excitement in the market. I am somewhat bullish for now since if ETH/BTC (my ideas linked below) push above their current resistance levels, all market will be lifted. Lets see.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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