Back with another $CRV chart lol. As you may know, price action looks pretty awful, especially for alts. I expect $BTC to break to the downside of it's current range and proceed to nuke the entire market with it. Although this unfortunate in the short-term, this will create some amazing buying opportunities for alts, especially those with good fundamentals.
In this chart, I display the previous levels (orange box) which should serve as support as we head for further downside. I also show similar support levels (green box) that correspond to fibonacci ratios in accordance to the 5 leg elliott wave impulse for confluence.
Knowing these levels, I plan on taking advantage of this buying opportunity at the $0.67 and $0.44 levels primarily, with some hail mary bids at $0.33. These levels should at the least provide a significant bounce to the upside imo.
Regardless of the outcome, I am a long-term $CRV hodler as I believe the token is extremely undervalued, and still believe it will reach prices listed on my previous $CRV charts.
As for the bullrun itself, although I may be overly optimistic, I do not believe it is over. Comparing previous bullruns, this being the end doesn't make sense to me, and instead I believe we are having a mid cycle correction/shakeout before resuming but only time will tell.
In this chart, I display the previous levels (orange box) which should serve as support as we head for further downside. I also show similar support levels (green box) that correspond to fibonacci ratios in accordance to the 5 leg elliott wave impulse for confluence.
Knowing these levels, I plan on taking advantage of this buying opportunity at the $0.67 and $0.44 levels primarily, with some hail mary bids at $0.33. These levels should at the least provide a significant bounce to the upside imo.
Regardless of the outcome, I am a long-term $CRV hodler as I believe the token is extremely undervalued, and still believe it will reach prices listed on my previous $CRV charts.
As for the bullrun itself, although I may be overly optimistic, I do not believe it is over. Comparing previous bullruns, this being the end doesn't make sense to me, and instead I believe we are having a mid cycle correction/shakeout before resuming but only time will tell.
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same chart with a fractal of possible price action.
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also pretty cool how the fractal lines up perfectly with the targets shown on my previous chart