CRV
CRV is under attack! Should we buy it now❓Hi friends! CRV were hacked yesterday. Curve Finance has been compromised, the developers said. Users were urged not to use the platform site until further recommendations. The probable cause is an attack on the DNS server.
🚩 Usually, such news causes the weakest cryptocurrency holders to sell their holdings to the whales.
📊 Should we buy CRV? Of course we should, but if there is a clear set-up and a good rr. Also the DOM and Footprint indicators help me to find the best entry point. The largest orders by whales will be visible using these indicators.
On the chart you can see potential scenarios for opening a long. If Bitcoin makes a pullback, then regardless of the situation, CRV will fall too. So look at Bitcoin when making decisions, too.
📊 Preconditions to open a long:
🔥 weak hands sell the crypto on the bad news
🔥 volume growth on the falls - the big players buy the bottom and "hold" the price
🔥 squeeze to the trendline
🔥 bullish BTC
🔥 DOM and Footprint indicators confirm the whales orders
Now the $1.22-1.30 value area is a strong support, but if the price break this area down, the closest support is a key level of $1.09. There also we ave to look for the same preconditions.
📊 The targets:
1️⃣ $1.95-2.11 - the value area, closest resistance
2️⃣ $2.76 - the key level
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
A bullish idea for CRVCurve 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.
Long Curve DAO Token(CRV) vs USDTCRV is turning the weekly resistance into support. The chart is looking really bullish. No need for some fancy indicators, CRV breakout is a matter of time.
Weekly close above $5 will be a great sign of strenght, but when CRV closes weekly above $6 it will really get sent.
My target is 700% from here, by the end of the bull run, will update manually.
CRVUSDT The decisive moment will be from the local zone!Hello trader👋 A new idea arrived for you today. Like and subscribe to the channel there is a lot of useful information✅
The price of the ejection asset in the side rising channel, I think, is too early to talk about the removal of the level, but you can pay attention to testing the definition of the zone. An approximate plan showed on the chart
Not financial advice, just sharing my thoughts!
CRV local short. Forecast!▪️ Deadline for the deal is 7 days. The asset formed an upward channel, and there was also a big movement from $1.1 to $1.5. The indicator is overloaded (marked on the chart) We are at the upper border of the channel, I expect an early correction to the lower border, carefully watch the chart!
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
Curve DAO Token Straight UpCurve DAO (CRVUSDT) has been moving ahead compared to other altcoins pairs as its price today trades above EMA100.
One interesting signal to notice here is the really high bullish/green volume bars since mid-June.
We can see really strong and rising volume, while the bearish/red volume bars are small and weak.
MA200 stays just a few "inches" away but that is a very nice 50% potential gain.
This is not financial advice.
Thank you for reading.
Namaste.
CRV is a beast!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: CRV is forming a channel but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Moreover, CRV formed a valid inverse head and shoulders pattern, but it is currently sitting around the 1.5 acting as a resistance.
Thus, for the bulls to take over, we need a momentum daily candle close above the 1.5, which would be a break above the head and shoulders neckline and the upper trendline.
Meanwhile, until the buy is activated, CRV would be overall bearish can still trade lower. (projection in purple)
In this case, we will be looking for buy setups on lower timeframes as it approaches the 0.5 support.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Technical Analysis Vocabulary!!!BINANCE:CRVUSDTPERP
Hello guys these are some of the trading terms/concepts I apply when trading;
1. BOS : Break of Structure - when price continues to break previous structure and at the same time continues the current trend. A line drawn from recent structure to the current breakout denotes the BOS.
2. CHoCH : Change of Character - when price changes its trend. A line drawn from the last high (for downtrends) or low (for uptrends) of the previous trend all the way to current price action identifies the CHoCH.
3. Liquidity : The buildup of stop orders residing on a trendline of equal highs, lows, trends, or wicks. This is money that can be taken out.
4. Bullish Order Block/Supply Zone : An area of the market where price fell from - highlighting the last bullish candle before the drop in price.
5. Bearish Order Block/Demand Zone : An area of the market where price rose from - highlighting the last bearish candle before the rise in price.
6. Consolidation : An area of the market where prices were oscillating in a corridor - highlighting indecisiveness in the market for that period of time.
- Joel.
Please like and follow to get more ideas/tutorials like this, I'd also love to know what you think about my idea😃.
CRV - Selling SignalBYBIT:CRVUSDT
4 Hours trend chart
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CRV cannot be supported from the uptrend anymore, also forms a small double top here.
We can plan a strategy to short at the broken candle, which closed point is 0.992, and set target/stop as below.
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Targets:
1) $0.962~$0.953
2) $0.932
3) $0.9
Stop:
1) $1.034
CRV - Curvy trendline for the winReasons to take short if BTC allows:
⭐️ Trendline is 7 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the Trendline
⭐️ Volume appeared at top
⭐️ 6th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
CURVE double bottom 📖💡🚀 Hello 🐋
Based on the chart after a long time, correction to the downside these days we have appropriate amount of volume, or we can say new volume for the price and the price is close to the major support and shape the double bottom pattern ✔️
if
the price breaks the major resistance or better to say the round number$1 to the upside and stays above this level, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
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.