CRVUSDT Bull flag will break above the 1D MA50.*** ***
For this particular analysis on the Curve DAO token we are using the CRVUSDT symbol on the OKX exchange .
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The idea is on the 1D time-frame where CRV has been trading within a long-term Falling Wedge pattern. At the moment, following the (near) 1D MA50 (blue trend-line) rejection, the price is posting a Bull Flag, similar to that of July 08 - 12. On that fractal, this Flag was the last pull-back before the price hit the dashed line (inner parallel of the Lower Highs trend-line since February 08 2022).
If hit, that will also touch the 1D MA200 (orange trend-line), for the first time since February 10. A break above the Lower Highs trend-line, would put the coin back on long-term bullish track.
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