CRV Long Deviation Setup on the Monthly Time FrameLogarithmic chart.
Looks like a clean Deviation Long setup.
I've never seen a Deviation on the 1M before but this sure looks like it.
Long deviations on BTC always provided mega pumps, don't know with altcoins + this TF but yeah: willing to take the risk.
One of the best altcoin charts I've ever seen. Will sell BTC spot for this.
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Direct CC below level I think is clean but I believe it doesn't have to happen per se. Retest is clean (SFP wick) and no LL after retest.
Seeing how far price pushed above the level, closing into the structure, makes price less likely to get back to the level so there likely won't be chop on the level (price closing above and immediately closing below and vice versa).
All this makes it the perfect deviation as in this way price respects the level perfectly (which I've seen before with BTC: Nov-Dec 2022 Deviation on 1W/1M, March 2023 Deviation on 4H and Jan 2024 Deviation on 4H).