CRVUSDT likely to hit weekly support and bounce

2023年5月8日

This one is also aiming for weekly support WS1. 0.80-0.81. It has come quite close to it and I believe it wont shy away from it. However, that hit of the price to the weekly support may provide a long opportunity. The target for this long should be 0.854 and if extended 0.883.

2023年5月8日

ノート

As mentioned, the price has hit the weekly support zone WS1. It has also bounced well from that level as a first reaction. I would expect the bounce to go further but the current bounce may retrace first.

2023年5月10日

トレード終了: 利益確定目標に到達

So the first target is achieved and the price hit the 0.854 level and immediately pushed back down. Lets watch it for a while to look for anothe rtrade towards 0.883 zone. If the price comes close to the WS1 zone again, that will be definitely another long opportunity by default.