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CRV / TetherUS

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CRVUSDT trade ideas

CRV is moving to where it startedBINANCE:CRVUSDT price has been falling since the begging of 2022. It dropped by around 90% from its top of $6.9. The price is still under 21 and 30 day EMAs. So, there is no need to change the strategy. It is still a bear trend. I expect the price will test November-December 2021 lows, and even lower in the next term. After this sell-off, there will eventually be a consolidation. But this is another story. This may mean that there will be a bearish + consolidation period in the next couple of months. To recap, a bearish trend is the main scenario. This is not a financial advice. Trade wisely.
by The_Quantastic
CRV We talked about in my last post about CRV if we could break and hold above $.73 and remain above $.65 this could be looking like a nice break out to the upside targeting $.86-$.96. Since that post we have actually built in an inverse head and shoulders and we are currently breaking that to the upside. We do need to see some more confirmation as this $.80 flipping to support But if this does continue to hold this $.80-$.79 area the next target is $1.03. I am still in my trade that I took in the $.73 range and $.68 range with a stop loss below 65 and now I have moved my stoploss to $.70 cents. This is looking beautiful as long as bitcoin remain positive and above 19,700 this should signal another bullish move to the upside
Long
by Erictaylor
CRV Potential of a riseCRV broke down from a long-term rising channel and has reached the measured move of that channel at 1.18$. The RSI has build some bullish divergences and is now testing the descending trendline. The current price action is bound to descending channel. If the RSI breakout, price will potentially test the resistance of the channel at 2.11$. Breakout of the descending channel has a measured move to 3.35$. This assuming that the market turns bullish and BTC.d drops.
Long
by nagihatoum
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