$CRV Congratulations to those who listened. Thanks to Allah(swt) we have made some good profits. Check the pictures below.
Now what? Well imo this recent dive is temporary.
We will inshaallah see CRV go green again soon.
Prices may consolidate for a bit though.
Immediate support : 1.022(Not very strong )
other supports: 0.015(moderately strong), 0.996 and 0.956(strong)
Immediate resistance : 1.05(weak if volume picks up)
Other resistances: 1.076(not strong ), 1.08(moderately strong), 1.1(strong)
Ideal buy zone: Wait for price to consolidate a bit more, then look for clear bullish volume change with rsi showing more then 55. If then buy around 0.996-1.01 if prices stay above moderately strong support. If you feel confident and prices tay above 1.022 or 1.015 and doesn't go below them then you may buy higher around 1.02
Ideal Sell zone: If bullish movement picks up with good volume then 1.05 is easily achievable. So initial safe target 1.05-1.075. If resistances around 1.05, 1.076 break easily then we will Inshaallah see CRV test the strong resistance around 1.08 and if it is broken then we will inshaallah surely see 1.1
Set stop loss: around 0.99 to 0.97 if you buy high around 1.02
If you buy around 1.0 to 0.95 then you may be a bit flexible and set around 0.95-0.93
DYOR and Inshaallah we will be Gainers.
