CRV: An Obvious Accumulation before MASSIVE RALLY!
Cập nhật
CRV is currently building up an ascending pennant after forming a cup and handle shape since its beginning. Accumulation has been going on for several weeks with the price squeezing into the 2.951 to 3.651 range, which likely forces a break up out of the pennant resistance (3.548). Currently it has rebounded strongly out of the 2.4 support line, where the 0.618 fib level is, this validates 2.4 as the support we see it not to break for further bullish momentum. A breakout of the pennant with bullish volume and Price action will see a retest of 3.652, where we can increase position sizes on the dip or make a new entry with confirmation.
Entry around 2.951 - 3.2 (support zone at the bottom of pennant confluence with 0.786 fib level)
Targets are 4.488 (previous ATH), 5.629 and 6.746
Stop loss below the pennant and support line of 0.618 around 2.091 (can below to allow for some volatility)
Entry around 2.951 - 3.2 (support zone at the bottom of pennant confluence with 0.786 fib level)
Targets are 4.488 (previous ATH), 5.629 and 6.746
Stop loss below the pennant and support line of 0.618 around 2.091 (can below to allow for some volatility)
Đóng lệnh: dừng lỗ
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.