$CRV, Crossed & now flipping ~5200 sats into support$CRV
Crossed & now flipping ~5200 sats into support
UCTS printed a 1D Buy signal a few days ago & now I'm looking for volume as signal of continuation..
Due to overall market behavior feel confident on how it can perform..
If starts catching up, then looking at ~7k sats
#CRV
CRV
CRV/BTC Long CRV/BTC is quite undervalued for what it offers.
It is the exchange token for the Curve.finance DEX and
offers the right to vote on exchange wide decisions.
Price is heading toward the diagonal resistance
initially formed in early last September with a diagonal
support line coming up after the bottom formed
in early January and a higher low was printed mid March,
contracting the price priming it for upwards expansion.
Madrid Ribbon flipped green (not pictured, would make chart messy)
The Ichimoku printed signs of a bullish reversal:
-TK cross occurred last week,
-Price has moved above the TK
-Lagging span has moved above price.
However Ichimoku is still not convincingly bullish yet:
-Kumo cloud is red
-Price is within the cloud
-Lagging span is below the cloud
-TK is below the cloud
Once a bullish Kumo twist occurs, the price moves
above the cloud, the TK moves above the cloud, and
lagging span moves above the cloud we can feel
strongly that a move to the upside could be coming.
A more risky but potentially more rewarding play is to
enter a position before the Ichimoku becomes fully
bullish at an S/R flip of the gray diagonal resistance,
with confluence that the cloud too has been flipped
to act as support around
.0000640
Mid term targets sit at the black horizontals at
.0001519
and
.0002204
CRVUSD: $6 Soon?!CRVUSD appears to be in the final innings of a cup & handle pattern formation, which suggests that CRVUSD could move to ~$6 in the not so distant future. For this to happen, CRVUSD needs to continue to respect the upward support of the handle and move through $3.50 resistance. That's no small task, but certainly within the realm of possibilities when considering the current trend in the 14-day RSI and how tight the Bollinger bands are getting.
As always, BTC dictates the broader macro trend for the alts. A CRVUSD break out implies that BTCUSD doesn't enter into a downward correction over the next few weeks.
CRV pump potentialForming a base and parabola, broke over decending diagonal and restested it (green), and about to break over resistance. In a rising wedge but these rising wedge tend to breakout in a pump and blow off top as in January 11th. Otherwise the rising wedge breaks down to the channel support. Targets outlined by orange boxes.
CRV/USDT - Triangle BreakoutOn the daily char t, the market price broke the triangle with bearish trend line and went up.
After that, a retest of a new support zone was carried out, now the price can continue to move up.
Also, a double bottom formed before the triangle was broken, which confirmed to us that a breakout would be made.
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Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
Curve (CRV): All levels to watch!I made a simple cheatsheet for you, look to levels.
My Bias: Bullish
Basis:
4H MACD: Bullish
4H RSI: Bullish
EMA 12H: Support Price
Volume 1H: Increase
look nice to me, be patient.
BTC: 1Gro97DoABk7BMegn5TKopmMXLKQefej9r
XRP: rw7wnYPy8ZR542piPUNcz8fzmkNZY27WXS
BNB: bnb1r2r3rzad7v0lkmhr4kn6wp5stsr7ur8gknvqp2
UNI: 0x112F395E94a7084Ca6dAa9Ba1462192Ac56570F5
USDT: 0x112F395E94a7084Ca6dAa9Ba1462192Ac56570F5