$CRV
Update 
will be looking at $CRV from an Elliot Wave and key S\R, EMA perspective!

Chart1: price action is clearly corrective and we are approaching key levels
_ the .618 fib golden ratio at $0.64
_ 200 daily EMA @ $0.6
- prior consolidation range & 200 SMA at $0.5

meaning we are hovering just above key strong confluent daily demand/support zone and any dip into these levels will be bought back up immediately imo so i would say .64 down to .5 is a great buying range IF we get there.

the question we are all asking would be whether this frustrating correction has come to an end or are we gonna see more pain?

the answer would be found in chart2 where i go deep into price action structure on an Elliot wave perspective.

just dived into lower market structure and looking at how complicated it is i would say it is a WXY (double three) structure, rather than an ABCDE.
and we are currently within the Y wave, which has a target of either 61%, 100%, 123,6% and in some cases it goes to 161.8% but never dips below it.

what does all of this mean? price has already tested both targets the 61% and the 100% means there is a chance we have already bottomed, if not we could go for the remaining target 123,6% ($0.63) with a max pain scenario of reaching down to 161.8% at $0.54 but never below it. and the likelihood of the last target happening is very low especially considering that we are within the 4th wave.
it is also important to notice that all of these levels are confluent with chart1 levels which  imo adds more significance to it!

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