CRV 12h Harmonious growth needs short-term rollback

18 ene 2021

For two months we did not update the CRVUSDT idea. It was a period of a long coin consolidation.
And now it's time to work out targets from the previous idea.
Growth in the CRVUSD pair looks natural and harmonious, because after a long consolidation, buyers began to drive the price up, without any artificial and intriguing news.

Now the CRV price has approached the liquidity zone, in which there was a hitch in September, before moving further behind the trend.
Therefore, even now we think that it's impossible to pass this zone up for the first time.

In order to gain strength for further upward movement, buyers need to retreat a little and let the price rollback.
It is likely that the next upward attack will begin after a rollback to the level $1.05.

The next target from above is the level $2.20.
In case of strong bullish sentiment, this is the level of $3.90.
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