CRV.USDT (Y20.P4.E1). TA. Looking like a wedge breakout

Sep 18, 2020

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:

Sep 18, 2020

Note

4 hrly chart

Sep 25, 2020

Note

Still bearish pressure, I have it going lower to the next fib level for now.