22/08/2021 CRVUSDT Daily S/R| Local S/R| Price Action| Trend

Evening Traders,

Today’s analysis – CLVUSDT – trading above its Range Low where a trend continuation is probable,

Points to consider,
- Price Action Impulsive
- Range Low Support
- Range High Resistance
- Swing High Objective

CLVUSDT’s immediate price action is trading above its Rang Low, holding this level allows for a bullish bias.

The Range High is immediate resistance, exceeding this level will likely test the swing high region.

The volume profile is currently below average, an influx is imminent when testing a key trade location.

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

Hope this analysis helps

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