The Mental Trader@Real_Crypto_Mil
$CRV
UPDATE
Is the low in?
The big picture looks clear. No confusion at all!
still a WXY,
still within the consolidation territory,
a bunch of 1-2 s indicating sideways consolidation,
Established what could end up as an abcde triangle pattern,
We hit the lower trendline support and are holding it well, finishing the W of the 2nd wave, and currently bouncing.
i would say the low should technically be in at $0.63 and we are now in for a move to $1 then 2 scenarios,
1, a retrace back to finish the E of the abcde triangle, or
2, break through the resistance targeting $2.7
the 1st scenario would eventually end up breakin upwards to the $2.7 target, but other long term targets would be much less Bullish than if the 2nd scenario ends up taking place.
Whichever we end up following, I will update once we get there.
thoughts/questions?