CRV.USDT (Y20.P4.E1). TA. Looking like a wedge breakout
Updated
Hi All,
CRV (Curve DAO coin) looks like a bottom of a Wedge supported by the RSI structure.
I would like to see what it does with this first resistance before I consider jumping in.
It has a 50% to break this resistance or do a ABCDE bottom formation at the micro level before it breaks the trend line.
As per my BTC dominance chart, I have this area with BTC bouncing so I don't see many ALTs breaking out but more likely creating the structure for a bullish breakout pattern.
Please give me a like or tick for this post.
Regards,
S.SAri
BTC Dominance Chart:
CRV (Curve DAO coin) looks like a bottom of a Wedge supported by the RSI structure.
I would like to see what it does with this first resistance before I consider jumping in.
It has a 50% to break this resistance or do a ABCDE bottom formation at the micro level before it breaks the trend line.
As per my BTC dominance chart, I have this area with BTC bouncing so I don't see many ALTs breaking out but more likely creating the structure for a bullish breakout pattern.
Please give me a like or tick for this post.
Regards,
S.SAri
BTC Dominance Chart:
Note
4 hrly chartNote
Still bearish pressure, I have it going lower to the next fib level for now.
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This community has signals now but with no risk management comms.
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