CRV broke down from a long-term rising channel and has reached the measured move of that channel at 1.18$.
The RSI has build some bullish divergences and is now testing the descending trendline.
The current price action is bound to descending channel. If the RSI breakout, price will potentially test the resistance of the channel at 2.11$.
Breakout of the descending channel has a measured move to 3.35$.
This assuming that the market turns bullish and BTC.d drops.
The RSI has build some bullish divergences and is now testing the descending trendline.
The current price action is bound to descending channel. If the RSI breakout, price will potentially test the resistance of the channel at 2.11$.
Breakout of the descending channel has a measured move to 3.35$.
This assuming that the market turns bullish and BTC.d drops.