CRV Bullish Count
Longer-term Elliott Wave count using trend-based fib time/price projection for CRVUSDT.
Macro bottom identified in August 2024 — entry taken off the bottom range POC retest (pic). Holding for a full 5-wave structure because… why not. Partial profits taken at the potential Wave 1 top.
Wave 1: $0.1801 → $1.33
Wave 2 retrace: to $0.3471 (between 0.786 and 0.886 fib levels)
Wave 3 (current): Targeting between $3.20 and $3.60 (extended Wave 3 scenario).
Fib time 1.618 from Wave 1–2 aligns with Sept 27th — likely Wave 3 top.
Wave 4 retrace: Expected between 0.236–0.382 of Wave 2–3
Wave 5 projection: 1.618–2.618 extension of Wave 0–3 = $5.50–$7.00
Possibly higher with full-blown euphoria.
Fib Time Projection for Wave 5 Completion:
→ Earliest: Late Dec 2025
→ Latest: July 2026
But what is 6–7 months in crypto…
Remember, it's a bullish long term count. It could play out, or fade to nothing depending on market conditions
Longer-term Elliott Wave count using trend-based fib time/price projection for CRVUSDT.
Macro bottom identified in August 2024 — entry taken off the bottom range POC retest (pic). Holding for a full 5-wave structure because… why not. Partial profits taken at the potential Wave 1 top.
Wave 1: $0.1801 → $1.33
Wave 2 retrace: to $0.3471 (between 0.786 and 0.886 fib levels)
Wave 3 (current): Targeting between $3.20 and $3.60 (extended Wave 3 scenario).
Fib time 1.618 from Wave 1–2 aligns with Sept 27th — likely Wave 3 top.
Wave 4 retrace: Expected between 0.236–0.382 of Wave 2–3
Wave 5 projection: 1.618–2.618 extension of Wave 0–3 = $5.50–$7.00
Possibly higher with full-blown euphoria.
Fib Time Projection for Wave 5 Completion:
→ Earliest: Late Dec 2025
→ Latest: July 2026
But what is 6–7 months in crypto…
Remember, it's a bullish long term count. It could play out, or fade to nothing depending on market conditions
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.