π CRV is poised to break out of a resistance level, which would be considered bullish as it signifies a potential breakout of both a W pattern and a descending channel.
π If CRVUSDT successfully breach the resistance level, the next targets could be expected towards the subsequent resistance levels. In case of a pullback, a bounce from the demand area can be anticipated, especially if accompanied by proper bullish candlestick patterns within the demand zone.
π However, if CRVUSDT breaks down below the demand level, it would be advisable to exercise caution and consider ignoring it in that scenario. This decision is based on the premise that a breakdown below the demand level may indicate underlying weaknesses in the asset, potentially leading to further downward movement.
π If CRVUSDT successfully breach the resistance level, the next targets could be expected towards the subsequent resistance levels. In case of a pullback, a bounce from the demand area can be anticipated, especially if accompanied by proper bullish candlestick patterns within the demand zone.
π However, if CRVUSDT breaks down below the demand level, it would be advisable to exercise caution and consider ignoring it in that scenario. This decision is based on the premise that a breakdown below the demand level may indicate underlying weaknesses in the asset, potentially leading to further downward movement.
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