like many other alcoins, crv has bounced up from the .5 of th last major bullrun at 1.235
for the moment price seems to be caught between .5 of the last mini bullrun and the .5 of the mini bullrun before it between 1.59 and 1.75
as the retrace to the median of the last schiff fork did not happen and the priced gapped away from this median at the parallel, a jump upward away from this median might be in program.
if so, the long entry can be placed at the break above of the .5 at 1.75
bumpy way ahead as we reach the 2.12-2.21 area as the .5 of some major bearish runs stand in the way at this zone.
higher we will get to our target at 2.38 just below the more major resistance zone at 2.5 to 2.76
so the logical decision based on these data :
long entry at the break of 1.75
tp at 2.12-2.21 zone, or the ultimate target at 2.38
Obviously not a financial advice :)
for the moment price seems to be caught between .5 of the last mini bullrun and the .5 of the mini bullrun before it between 1.59 and 1.75
as the retrace to the median of the last schiff fork did not happen and the priced gapped away from this median at the parallel, a jump upward away from this median might be in program.
if so, the long entry can be placed at the break above of the .5 at 1.75
bumpy way ahead as we reach the 2.12-2.21 area as the .5 of some major bearish runs stand in the way at this zone.
higher we will get to our target at 2.38 just below the more major resistance zone at 2.5 to 2.76
so the logical decision based on these data :
long entry at the break of 1.75
tp at 2.12-2.21 zone, or the ultimate target at 2.38
Obviously not a financial advice :)