Crvusdt
CRV Trend AnalysisWhen we examine the chart in the weekly period, I think the main pattern is complete.
We can think that the formation of a new movement has started or is about to begin.
Looking at the weekly and monthly support and resistance zones with Schiff pitchfork, we can think that prices are not too high for trading.
We can accept the $0.900 levels as support as weekly or even monthly support. I don't think this region can be crossed. Still, piecemeal trading can be a sensible option to avoid risk.
On the upward trend, we can also see that the weekly and monthly major resistance is at the $1,700 levels. At these levels, selling piece by piece again can mean more and risk-free profits.
When we follow the downtrend using the Fibonacci channel, I think that the downtrend is weakening and now there is a tendency for prices to move out of the channel.
Assuming that it will enter an uptrend at the same angle, I cannot say anything about the unrealized price at the moment, but I believe that the fibonacci upper channel 1.618 level will work as resistance according to the position of the price in the future.
For example, the place where the price coincides at that moment is the price equivalent to 1,618 on the channel we have drawn now, and if the price is 2 dollars, 2 dollars will work as resistance. Or if the price is $1.7 and the channel is above the 1.618 line, we can think of it as the resistance of $1.7 at that time, not $2. You have the possibility to test this when prices turn upwards.
When we look at it with Renko candlesticks, I think it is clearly trying to complete a harmonic pattern.
Based on the previous accumulation area and considering the pattern that can emerge over the harmonic pattern default values, we see the levels of 0.870 -0.900 dollars.
This gives the same result in synchronous with other types of candlesticks.
If we imagine this harmonic pattern as complete, one of the major resistances it will encounter will probably be fibonacci 1.618. When we examine the chart, we can see that the resistance levels coincide with the previous supply zones as well as the support levels.
Since these are weekly and monthly resistance levels, I think there will definitely be a sales reaction.
Apart from these, I observe that there are patterns that give their first signals. But since the data has not yet been generated and I cannot measure it, I cannot talk about them for now.
We can talk about this when the D leg of the last harmonic pattern that I expect to occur is formed.
In summary, I think that the price movements will be shaped as 0.900-1.5 and 1.8 respectively.
Note: This is not investment advice.
CRVUSDT(Curve DAO Token) Daily tf Range Updated till 08-09-22CRVUSDT(Curve DAO Token) Daily timeframe range. even tho there are some out of place moves through its levels its more stable than many other low class alt's. less used by p and d groups and more quality holders. volume is decent here. devs are pushing on the fundamentals. there are lots of scalp and range plays here depend on btc price action how those setups will hold up to it.
CRVUSDT 3D CRV buy zone before a potentially good move upToday we will consider the trading pair CRVUSDT
Our attention was drawn to the fact that CRV buyers held the price above the strong mirror level of $0.95-1 during yesterday's market decline. As we can see from the history of CRVUSDT trading, this zone often played the role of critical support and resistance levels.
In general, currently, the CRVUSD price made a rather weak correction after the growth since June 2022. This may indicate one of two things: either the correction is not over yet, or CRV holders and buyers are aiming to break through the trend line and push the price higher in the near future.
To cover both assumptions at once, you can place buy orders in a wide range of $0.82-1 and the result can be a tasty average price.
An additional fact that there are prospects in the Curve Finance can be evidenced by the top of protocols with assets placed and locked in them (TVL)
1. MakerDAO ~ $8.0bn,
2. Lido Finance ~ $6.8bn,
3. Curve ~ $5.8bn
4. Uniswap ~ $5.6bn
5. AAVE ~ $4.7bn
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CRVUSDT: Ready for a pullback?CRVUSDT is back at it in a couple day uptrend. When will it end? Here's my take.
I see a very slight market structure break on the 15m that leads me to believe we may tap liquidity highs once more before we descend. The 768 retrace and monthly pivot point (short zone 1) could certainly hold as the final level of resistance before a reversal. If not, we are tackling liquidity in the 1.23 (short zone 2).
Look for an entry within the short zones and be patient. Perhaps market structure/price action will tell us something else when we get back up there.
TP targets 1 and 2 shown. TP target 1 is sandwiched between the potential up move and old down move 0.5 fibs, TP target 2 is based on volume profile.
Simple and easy trading plan with solid risk to reward if you are willing to anticipate the countertrend move.
$CRV - Finally Time To Break The TrendiHello my Fellow TraderZ,
I had shared my idea regarding $CRV few days ago on 4 HTF where I had mentioned that price has broken the Downward Trend on 4H, but still stucked and testing the range low support.
Today, once again I'm here with DTF Analysis on $CRV.
Here it is clearly visible that Downward TrendLine has acted as Super Strong Resistance which clearly rejected the price 5 times.
It would be interesting to see that is this time different or we gonna see some weakness of TrendLine!
Incase of breakout upward expecting 1:4 RISK-TO-REWARD while on rejction it is 1-4.5 R:R.
Thank you for taking out your time and read.
Curve DAO Token (CRV) formed Shark | A Good buying opportunityHi dear friends, hope you are well, and welcome to the new update on Curve DAO Token ( CRV ) with US Dollar pair.
In the previous harmonic move we caught a nice pump of CRV:
Now on a 4-hr time frame chart, CRV has formed a bullish Shark .
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CRV at strong support and top of descending channel (LONG?)Ive been watching CRV for some time now, and its been following this channel like clockwork for what feels like ages!
Its finally hit a critical point where its landed against a very strong support while also sitting quite close to the top of its channel.
If CRV rejects off the support and pushes up and out of the channel, i expect to see upside to about the 786 fib level ive designated in the chart (green arrow)
if, however, the support doesn't hold, we could potentially see a free fall!
CRV/USDT : Possible rejection as it's approached the range's lowHello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$CRV has reached the higher range's low and has swept above the last high.
Also, It has formed a swing high now and could be a good entry to locate our Shorts with a stop-loss above the higher highs...
However, If we get caught on SL, Then it's more likely for $CRV to have one more bound into the range's high and sweep out the higher swing highs.
In terms of that; I might look for $CRV's Short again!
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
CRV triangle breakout 2 📐Curve DAO Token is trying to break this triangle 📐 up and if it will make it I think there is chance for run to 1.755 and even higher. Let's see whether the white local uptrendline is going to boost the price. Setting BUY STOP-LIMIT order to last swing high to catch the breakout.
ENTRY : local high @ 1.474
STOPLOSS (SL) : local low @ 1.335
TARGET (TP) : height of the triangle projected from midpoint of the previous range (PREVIOUS RANGE HIGH - STOPLOSS) @ 1.755
REWARD RISK RATIO (RRR) : 2
INVALIDATION : when SL level hit
See below my previous CRV triangle breakout setup and how the TP2 actually was the top:
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
3 ALTS to Watch in Q4 👀Hi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
In this 5min video, I discuss 3 altcoins that have good upside potential and good risk-reward ratios. I highlight my first (modest) target for each that I'm expecting as the first stop during the next mark-up cycle.
As Images:
BATUSDT , Basic Attention Token
CRVUSDT
And lastly, XRPUSDT / XRPUSD
If you're curious about Cardano , take a look here:
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CRV DAO Technical analysis - Confluence in this area to go long?BINANCE:CRVUSDT BYBIT:CRVUSDT
CRV DAO Technical Analysis
CRV is trading in a symmetrical triangle and the lower trendline is acting as support right now. I map out a few scenarios that could play out with this crypto coin
Not Financial Advice. DYOR. Papertrade before trading with real money.
Safe Trading,
Shawn
CRV hit ATL and now approaches top of channel!Ill keep this one nice and simple.
CRV hit an all time low recently. it did this while following its downward channel to a T.
What i believe is important to note, is the new resistance level created by breaking a new low. More importantly, CRV is currently testing that resistance level while simultaneously hitting the upper limits of the channel it has been following!!
due to the unique nature of this situation, i will not be immediately looking for a short. But if theres a strong bounce off resistance, i will be entering short and looking to TP at the next ATL.
On the other hand. CRV just made an all time low!!! if its going to break the channel and find some room to breath; that time is now.
a break through resistance with little pullback, and ill be taking a long position into the next resistance level (unmarked, sorry)