CRVUSDT Daily S/R| Psfp| .618 Fibonacci| Equal Highs

4 feb 2023

Evening Traders,

Today’s analysis – CRVUSDT – trading in a consolidation with a clear set of equal highs that are likely to get taken,

Points to consider,
- Price action impulsive
- Daily S/R Support
- .618 Fibaoncci Support
- Equal Highs Objective

CRVUSDT’s immidie price action is trading in a consolidation that will breaking in the coming days.

A breaking down needs to hold at the current area of confluence, that is with, the Daily S/R, Psfp, and the .618 Fibaoncci, allowing for a bullish bias.

The immediate objective is the Equal Highs, exveeding this level will lead to a larger rise

Overall, in my opinion, CRVUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember!

“You create your own game in your mind based on your beliefs, intents, perception and rules.”
― Mark Douglas