Crvusdt
$CRV/USDT 2h (Binance Futures) Descending channel breakoutCurve DAO broke-out and looks good for bullish continuation, let's enter on a small pull-back.
Current Price= 1.441
Buy Entry = 1.403 - 1.369
Take Profit= 1.499 | 1.596 | 1.699
Stop Loss= 1.292
Risk/Reward= 1:1.2 | 1:2.23 | 1:3.33
Expected Profit= +16.30% | +30.30% | +45.16%
Possible Loss= -13.56%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 1 week
CRVUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has been able to break its resistance line and start fluctuating in a channel. Friends who are not amateurs can trade. But friends who do not want to take a risk wait for the price to leave the channel and then enter the trade.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
CRV to the moon?2HR chart of CRVUSDT broke the neckline of cup & handle, overcame the upper resistance of ascending channel, had a nice and victorious pull back/retest and got MA10 way down! So (CONSIDERING THE STABLE MARKET AND NO HARMFUL TWEETS FROM SOME GUYS WITH MENTAL ILLNESS!) if it could be able to pass the regression channel higher limit, will climb upstairs to 0.786 fibo or even higher.
Trade Safe
CRV/USD - Bullish price action facing its first test! $2.4CRV has done a nice recovery so far, pumping *only* 115% since the bottom on 25 May.
Now we have bullish indicators on daily, with MACD doing a bullish cross on the moving averages + a positive histogram. RSI moving higher as does StochRSI... all things point up.
BUT!
Do you see that resistance at $2.4? That is a nasty one. I'd be surprise for us to move above it without a fight. We could be rejected here this time, then later we can push higher.
If we do go above it and make it support, then we're back in business and the next target is $2.8 and later above $3.
Finally some excitement in the market. I am somewhat bullish for now since if ETH/BTC (my ideas linked below) push above their current resistance levels, all market will be lifted. Lets see.
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RISK DISCLAIMER:
Not a financial advice. This is MY Speculative setup. Do your own due dilligence.
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is suitable for you.
As such, take my posts as a form of entertainment and NOT Financial advice.
As Markets can always change due to factors, Always be prepared to take profits off the table and run with free money.
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🔸 Summary and potential trade setup
Short CRV 4hour chart
::: Point Of Entry – 1.74
::: Point Of Exit – 0.6
::: Period : One/ Two week period from date of post
::: Potential : Approximate 67% profit depending on Point Of Entry
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RISK DISCLAIMER:
Not a financial advice. This is MY Speculative setup. Do your own due dilligence.
If you like my content, please subscribe to me on Tradingview.
If you don’t, please be kind and don’t be mean as everyone has their unique perspective on trades.
Thank you