Lokesh Gupta
13-05-2024
#Crow With Knife ($CAW) maintained a price range of $0.00000001000 to $0.00000002000 throughout April.
In the final two days of April, bullish momentum pushed $CAW to an all-time high of $0.00000015319.
However, the rally was short-lived, leading to panic selling and a significant price drop of almost 73% over 11 days.
CAW found support around $0.00000004000 and rebounded with a 38% increase over the last two days.
CAW is presently facing resistance at the 50% Fibonacci retracement level.
Breaking above the 50% Fibonacci level and the $0.00000008500 resistance zone could propel CAW towards the $0.0000001000 mark.
According to Coingabbar analysis, Failure to breach the 50% Fibonacci level might result in a price decline towards the $0.00000006000-$0.00000004000 range.
KEY LEVELS :
RESISTANCE LEVEL : $0.00000010000-$0.00000020000
SUPPORT LEVEL : $0.00000004000-$0.00000002000
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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