CRV/BTC - Trading setup

! Not a financial advice - This is my trading diary ! It helps me think about my ideas.

I have no idea what CRV means or what this thing does, the only thing I know for sure is that its chart respects Fibs and SRs very well.

#CRV/BTC
Entry: 5888 - 5738 - 5481

- Fib confluences + order blocks + possible SFP

Targets : 6602 (40%) -7010 (40%) - 7475 (20%) = > Or hold a bag til 8924

- Targets based on SR levels / Fibs


Stoploss : Daily close below 4650 - Wicks are common in cryptoland.

- Risk: 1% of your account.
- Potential Risk Reward Ratio: 2.72
- Move SL to Breakeven after hitting TP1
- Estimated time: Week 19/20-2021

#altcoins #crypto #crv #btc

Disclaimer: No point in chasing the market. I will either let it come to my level or pass the trade.