CRV has two bottoms, the first time was a V-shaped reversal, and the second time it was a long-term consolidation pattern, and the bottom of CRV was rising.
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The current price has broken through the previous high point of 0.695 and the POC (0.670).
The four-hour period has a tendency to turn into a long position. You can try to do long positions here. The stop loss price was at the previous low of 0.636, and the target price is 0.758.
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0.758 is also the neckline price of the large double bottom. If the closing price is higher than this price, the double bottom pattern is established.
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The current price has broken through the previous high point of 0.695 and the POC (0.670).
The four-hour period has a tendency to turn into a long position. You can try to do long positions here. The stop loss price was at the previous low of 0.636, and the target price is 0.758.
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0.758 is also the neckline price of the large double bottom. If the closing price is higher than this price, the double bottom pattern is established.
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