CRV/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 2.346, 2.526, 2.600.
Key Support Levels: 2.143, 1.997, 1.931.
Daily Time Frame:
The price on the higher time frame started to post smaller impulsive waves signaling that the bulls are about to take control. Plus the market reached a support level around the 2.000 USDT mark where buyers pushed the price upward.
CRV/USDT (Futures) Medium-Term Trend: Bullish
1-Hour Time Frame:
On the lower time frame, the buyers succeeded to break the bearish trend line to the upside after a double bottom formation. A lower correction could be posted to the support level to bring back liquidity before a new bullish impulsive wave toward the target profits.
Buy Limit Order @ 2.166
Target Profit 1 @ 2.346
Target Profit 2 @ 2.526
Stop Loss @ 1.987
Trade Safely 🙂