CRV / TetherUS
Panjang

CRVUSDT Daily S/R| Local S/R| Price Action| Trend

1 519
Evening Traders,

Today’s analysis – CRVUSDT – trading above its Daily S/R with further upside potential,

Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Local S/R Resistance
- Low Volume
- RSI Bullish Control Zone

CRVUSDT’s immediate price action is trading above a key high timeframe support and is testing a Local S/R Resistance, a break will allow for a continued bullish bias.

The upper Daily S/R is current objective, exceeding this level will continues to bullish momentum.

The RSI is trading in its bullish control zone, remaining in these levels is indicative of strength.

Overall, in my opinion, CRVUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember,

“Accepting losses is the most important single investment device to insure safety of capital.” – Gerald M. Loeb


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