Long

[CRV] CURVE DAO setup for possible (12rr)

Updated

The entry is between anchored vwap from the last december lows with fibonacci retracement levels and value area low from tuesday lows. The target is the descending wedge pattern from the monthly timeframe.

Entry: $1,1075
Stop loss: $1,0678
Take Profit: $1,5860

Trade active

it seems like the entry is being frontrunned, if starts to close above $1,165 it will probably go to $1,20 region.

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The initial entry i think it is an important region to get hit before continuation, if starts to pump above $1,1650 wait for retracement at this level to entry , stop loss will be $1,1313, the target is the same.

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moneyflow too strong right now , it might break $1,3170 soon.

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Entry at $1,1650 if gets there - stop loss $1,1313 - target $1,586

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if it starts to close below $1,1650 this last wave could go to $1,12

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the daily close was good , it might take $1,1124 before to continue higher from there.

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the original entry is still valid but the stop loss will be a little bit higher at $1,0781 and tp is the same. (16.28rr)

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moneyflow increasing it seems that will come back to $1,15 soon

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stop loss changed to $1,0902

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if starts to close above $1,18 the stop loss will be moved to the entry $1,1075

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i have to be clear about that, even though the target for this trade setup is $1,586 , i think crv can go above $2 more specifically $2,345.

Trade closed: stop reached

if it holds above $1,066 will be a good entry is the value area low

Miketubarao

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