$CRV is holding fairly strong at this support line here near ~$0.3880. Double-shaded squeeze on the Daily has been sitting here for some time, just biding its time as it approaches the edge of this channel. And the larger structure is just underneath with the bottom support near ~$0.31. Local bottom after local bottom so it's clear that this area is a huge support level.



Notice how everything is near structural lows as we approach the new year. Feels like things are gearing up for a shift and just holding until the time is right. All in all, just watch for a violent move in the coming days/weeks ahead. Something will have to give one way or another.
CRV-3.26%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)