CRVUSDT Curve Dao Hello Traders,
this is my idea for BINANCE:CRVUSD .
According to CMC:
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.
In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.
CRVUSD
CRV/USD - $3 conquered, next is $4! CRV has done a fantastic recovery on this new leg up, breaking our resistance just under $3 dollars and quickly making it support!
This is extremely bullish and gives us confidence that we can easily reach $4 which is our next major resistance.
The indicators favor this bias particularlyy MACD and volume which are both bullish on this price ascent. Volume increased as we went up = very bullish and MACD did a bullish cross two days ago, this will last for at least a week or two.
The only time to be concerned is once we approach $4 resistance because we had several rejections at that level as indicated by the lovely yellow hammers. :)
For now, longing this is a nice risk/reward entry. However, be mindful of a possible re-test of our current support, that may provide a better entry, if offered. For now CRV could just pump to $4 without looking back. What can I say, the bears were left behind on this train. :)
Like and follow if you liked this idea!
CRV all targets Done 38% profitHi, in my yesterday analysis i shared my views on crvusd that it will hit 3$ mark as you can see it hitted the 3$
In my first CRV analysis, i explain my targets my first target was 2.6 and we achieved that yesterday and then yesterday i explain to you that our next target is 3 and now we achieved that as well and closing my all positions here what else you need that's a lot of profit
Have a cup of coffee with profits and remember me as well
Like and comment
If your are new to my analysis then please check the previous one to decide yourself that you should follow or not
Please like and comment to motivate me to do a more useful analysis
CRV Almost 20% up Hi, crvusd idea i gave played out nicely as you can see it is almost 20% up from the entry and it has potential to to go to 3 but i am closing my 70% positions here and moving SL to profit as well as i am expecting BTC to go lower after rejection .you see my BTC analysis
Recently i became a fan of 89ema on HTF as soon as it will be highly rejected and it will came back and you see it was rejected heavily and then after closing we took entry and it is up now we were long on crv for quite some time we DCA it to lower level as i gave the idea and as by seeing RR as well we were positive about that it will achieve our targets as expected it hitted all the targets
Thank you
Like and comment
CRV to the moon. A coin that discouraged everyone last seasonI have only used fundamental analysis in this chart and my recent Bitcoin analysis has made me consider giving you this great idea. This week will be the decisive week of Bitcoin weekly with a number of indicators that have a very high probability of giving good signals. This is one of those coins that last season a lot of people held and then left it, which was the decisive factor that made this retest be perfect.
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
Don't forget click like, it's a hug for me. Thank you!
Edge to Edge move in play for CRVHas happened in the past, I dont see why it cannot happen again.
I am not particularly excited about DeFi post EIP 1559, because the upgrade favors staking ETH instead of staking DeFi tokens. For example, you should do much better using a Lido-Crv-cvx staking mechanism over staking UNI. Remember lower ETH fees mean lower staking rewards for a lot of token holders.
CRV is one of the few DeFi projects I am invested in because its a part of the ETH staking mechanism.
Also as Convex finance went live, I expect a decline in emissions. Given the FA, the TA here should play out.
💡Don't miss the great buy opportunity in CRVUSD". There is a possibility of temporary retracement to the suggested support line (1.788).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CRVUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 2.041
TP2= @ 2.324
TP3= @ 2.849
TP4= @ 3.522
TP5= @ 4.261
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in CRVUSD". There is a possibility of temporary retracement to the suggested support line (1.788).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CRVUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 2.041
TP2= @ 2.324
TP3= @ 2.849
TP4= @ 3.522
TP5= @ 4.261
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Is it time for $CRV round 2? $CRV has broken out of the descending triangle after bouncing off of the .382 Fib level. On the daily chart, CRV has bounced off of support in what would be a triple bottom. For the first time $CRV has flipped green on the 3 day MACD. Lately most Defi coins have been on the rise and moving quickly so I expect this to move along with them. CRV has the 2nd highest TVL according to DefiPulse at $9.8 billion locked in. $AAVE has the highest TVL and a marketcap of $4 billion. Compared to $CRV marketcap of $615 million.