CRV: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$0.60) and exit near Channel resistance trendline (~$0.75). Stop Loss (SL) at $0.50. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Curve (CRV) is a well-established DEX used primarily for swapping of stablecoins.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.55 (previous resistance), then $0.40. The nearest Resistance Zone is $0.75, then $0.90.
CRV
CRVUSDT 🟢🚀 Premium Crypto Signal Alert! 📈
🔔 Signal: BUY
Asset: CRVUSDT
Technical Analysis:
Moving Average Signal: The CRVUSDT pair has generated a strong buy signal as it closed above the 200-day moving average, indicating a robust bullish trend.
Support Level: The price has demonstrated remarkable strength by consistently staying above 0.60 for an extended period, establishing a solid support point.
📊 Trade Details:
Entry Point: Current market level
Target 1: 0.85
Target 2: 1.10
Target 3: 1.25
📈 Trade Analysis:
The 200-day moving average crossover signals a potential upward momentum.
Sustained trading above 0.60 showcases a substantial support level, enhancing the overall bullish outlook.
Targets of 0.85, 1.10, 1.25 present lucrative profit potential.
💡 Risk Management:
- Only use 10% of your capital for this trade to mitigate risks.
- Do not invest your full capital; it's important to diversify and manage risk exposure.
- Consider setting a stop-loss at an appropriate level to protect your investment.
- Regularly monitor the trade and adjust stop-loss levels as needed.
🔄 Additional Buy Zone:
- Be prepared to identify and utilize another buy zone if market conditions require it. Flexibility is key in adapting to changing trends.
📢 Spot Trading vs. Futures:
- Spot trading is a safer and more controlled approach, allowing for better risk management compared to the higher volatility and speculative nature of futures trading.
- Exercise caution and consider the potential risks associated with leveraged instruments.
🚨 Disclaimer:
Trading involves risks, and past performance does not guarantee future results. Exercise caution and conduct your research before making any financial decisions.
CRV: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$0.60) and exit near Channel resistance trendline (~$0.75). Stop Loss (SL) at $0.50. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Curve (CRV) is a well-established DEX used primarily for swapping of stablecoins.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.55 (previous resistance), then $0.40. The nearest Resistance Zone is $0.75, then $0.90.
CRV/USDT Back to try breakout or break down the ascending ??💎 CRV has been a major point of focus in the market, recently facing a tough rejection upon reaching the supply area. Observing CRV's movement within an ascending or bullish channel, it's clear that a recovery is needed for CRV to attempt another breakout of the supply area. Successfully achieving this could probability CRV towards our target in the strong resistance area.
💎 However, if CRV trends downwards and reaches the support trendline of the ascending channel, a robust bounce from this level is crucial to maintain the bullish trend. Failure to sustain its position at the support trendline and a potential breakdown of the pattern would indicate a shift to a bearish stance, suggesting a readiness for a downward move towards the support area.
💎 At the support level, it's essential for CRV to demonstrate a strong rebound and attempt to re-enter the ascending channel pattern. If CRV only consolidates at the support over a few days without a significant bounce, it could signal a continued downward trend, leading to a break of the support and moving towards the demand area.
CRV#CRV HTF
If looking at W chart - the price high probably will come to one of the strongest resistance levels - 0.8083$
Which in my opinion will not be that easy to break from the 1st time. So some rejection we may see.
Any pull back till orange box zone is a good chance to buy the coin. Or look for another long positions.
Because I expect another bounce from there and this time the coin probably breaks through the resistance and towards to another strong level at 1.2$ (n.1)
Where bear reaction is possible. (n.2)
If #CRV manages to close with the W body candle above 1.2$ then most probably the zone between 1.2 and 1.39$ will be consolidation zone for another moves.
If the market by that time will be Positive, we may expect uptrend continuation towards to 1.87$ etc…
If the market turns out bearish, then the coin will dump back..
🌟🔍 CRV's Potential Breakout 📈🔐
🔻 CRV in a Falling Wedge: CRV (Curve DAO Token) seems to be in a falling wedge on the weekly timeframe, but the pattern isn't entirely certain due to the shortness of the preceding wave.
🔺 Expanding Triangle in Shorter Timeframes: In the 4-hour and daily timeframes, CRV is moving in an upward expanding triangle (I will update the analysis with this pattern soon).
📈 162% Move Possibility: A 162% upward movement for CRV can be envisioned after breaking the trend line and the resistance at $0.6456.
🚦 Strategy Recommendation: The best approach seems to be waiting for the breakout of the trend and the $0.6456 trigger.
🔍 Volume and Candle Analysis: Currently, the volume doesn't confirm the movement trend, and the candles don't strongly indicate buyer presence.
🔔 Set Alerts: Definitely set alerts if you're interested in buying CRV.
🛑 Stop Loss Consideration: Though it seems large, the best stop loss might be below $0.4185, which is close to a 40% risk.
📈 Futures Trading: For futures, consider taking a long position after $0.6456 with a stop loss set in the 4-hour timeframe.
📉 In Case of Market Downturn: If the market drops, the yellow box will represent the new accumulation zone.
🔝 Confirming New Primary Uptrend: To confirm the start of a new primary uptrend, we need to wait for CRV to reach $1.4554.
🔑 Related Categories:
Pattern Analysis
Resistance and Support
Volume Analysis
Do you see a breakout in CRV's future? Share your thoughts and strategies! 💬🌐 #CRVToken #CryptoAnalysis #TradeCityPro
📚 Remember: Investing in cryptocurrencies involves high risk. Always do your own research and consider your risk tolerance before investing! 🧠💼
Long signal for profit by CRVForecast for a long CRV position for a good profit
Entry into the position at the level 0.63 -0.59. This can bring you great profit. I place a limit order. I set up the chart and indicators. I follow the movement of the crypto market and will publish further instructions as exchange prices for cryptocurrencies change.
crvIn the lower time, we have a red resistance box that we must check the reaction to. As long as the green support box is not broken in the first step, the red box can be used to reach the specified numbers, if the green box If it is broken, it is considered as a resistance, and until it does not break upwards, the next green numbers can be checked as support points. We can wait for a growth.
CRV Curve DAO Price TargetIf you haven`t sold CRV here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is CRV Curve DAO .
I've set a short-term price target for CRV Curve DAO at $0.44.
Looking forward to read your opinion about it!
CRV target 0.8512h time frame
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CRV is creating a double bottom in this falling wedge structure, and retesting this support of double bottom currently. According to two support - uptrend line and double bottom, CRV is performing a strong sign, which has big probability to reach the resistance from the wedge top (~0.85), also we can set SL based on the 0.382 Fibonacci Projection.
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TP: 0.7 / 0.85
SL: 0.49
CRV/USDT What's the next move ? Break the resistance or Fails💎 CRV has undeniably attracted significant attention in the market. Presently, CRV is undergoing consolidation in the demand area, previously identified as a supply zone. The movement of CRV is forming a symmetrical triangle pattern.
💎 If CRV successfully breaks the resistance pattern of the symmetrical triangle, there's a likelihood of continued upward movement toward the resistance area. Breaking the crucial resistance area at $0.657 is essential for further upward momentum, potentially reaching our target supply area.
💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, CRV fails to maintain its position and undergoes a breakdown. In such a case, CRV may revert to the next lower demand area, necessitating a bounce to reclaim the demand before considering further upward or downward movement toward the next lower demand level of $0.46.
CRV/USDT Insights into Recent Rejections ?👀 🚀 💎 CRVUSDT has recently faced rejection at a supply level but is now regaining momentum, indicating a strong likelihood of surpassing this level and initiating a bullish trend
💎 In a previous instance, CRV successfully breached the supply at .5465, initiating an upward trajectory. Presently, encountering resistance at .6534, the cryptocurrency is once again regaining bullish momentum, fueled by the demand zone.
💎 This presents a substantial probability of breaking through the resistance at .6534, overcoming a robust hurdle. Successfully navigating this scenario demands a nuanced comprehension of the intricate relationship between probabilities and mathematical dynamics, providing investors with a lucid perspective on the associated risks and rewards.
💎 Conversely, there exists the possibility that the price may fail to breach the supply level and face rejection. In such a scenario, the plan would involve a bullish continuation from the demand level at .5481. A breach below this level could trigger a significant downward movement, emphasizing the importance of monitoring these critical levels for strategic decision-making.
CRV Falling wedgeCRV UPDATE: CRV is the chart that catch our attention today…. CRV created a massive falling wedge on daily TF and is looking forward to breakout from the falling wedge resistance…. It also formed double and is currently facing the neckline resistance of the double resistance.
Is good to buy in spot here or long from here to nearest daily resistance….
Follow for more market update
Can message me for trade setup
CRV/BTC - Curve: Elliott_Wave_12345◳◱ Hey traders, we've identified an Elliott Wave 12345 pattern on the LSE:CRV / CRYPTOCAP:BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00001616 | 0.00001727 | 0.0000194 and the major support zones are respectively at 0.00001403 | 0.00001301 | 0.00001088. We may consider buying at the end of wave 5 at the current price level at 0.00001385.
◰◲ General info :
▣ Name: Curve
▣ Rank: 97
▣ Exchanges: Binance, Huobipro, Gateio, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: Curve Finance is a decentralized exchange optimized for low slippage swaps between stablecoins or similar assets that peg to the same value (e.g. wBTC/renBTC). The protocol employs a Automated Market Maker that was built specifically to give DeFi users low slippage and liquidity providers steady fee revenue.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001385 ₿
▣ 24HVol: 2.138 ₿
▣ 24H Chng: 2.441%
▣ 7-Days Chng: 8.58%
▣ 1-Month Chng: -7.48%
▣ 3-Months Chng: -24.29%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001616 | 0.00001727 | 0.0000194
◢ Support: 0.00001403 | 0.00001301 | 0.00001088
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: -23.21
▣ Last 90D: -18.21
▣ Last 1-Y: -16.78
▣ Last 3-Y: -18.27
◲◰ Volatility :
▣ Last 30D: 0.38
▣ Last 90D: 0.66
▣ Last 1-Y: 0.75
▣ Last 3-Y: 1.06
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.48 - Bearish
▣ In-depth CRVBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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CRV/USDT Bouncing significant, Ready to Continue Upward Move ??💎 CRV has undeniably caught our eye. It's rebounding after touching the Bullish OB zone. Observing its short-term trend, it remains predominantly bullish, evident from its consistent higher highs and higher lows.
💎 Currently, CRV seems to be forming another higher low within the Bullish OB zone, suggesting potential for further upward trajectory. The immediate target for CRV lies at the supply zone. Should CRV surpass this supply, it would pave a smoother path towards the Bearish OB zone.
💎 On the flip side, if CRV retraces downwards to test the Bearish OB and fails to maintain its position within this zone, there's a risk it might descend further to the key support level.