CRV/BTC buy opportunityHi followers,
I like the market structure that BINANCE:CRVBTC is creating.
After a long period of low volatility and sideways move, the buyers broke above recent resistance, creating higher lows and highs which suggest a possible trend reversal to the up side.
The price is holding above the 21 EMA after retesting the recently broken resistance area.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
CRV
CRV : Im just ahead of the curve!Salve
What's up fellas? Why you generating so much SLP !?
Let's check CRV chart but first let see what is CRV at all
CRV is the governance token for Curve Finance. It implemented a complex time-based staking system to exchange CRV into veCRV, where veCRV is an internal token intended for governance purpose and has a right to claim the cash flows generated by the protocol. Similar to Uniswap, Curve Finance is an Automated Market Maker (AMM) based Decentralised Exchange (DEX). Unlike Uniswap, its main focus is only to swap between assets that are supposed to have the same value. This is useful in the DeFi ecosystem as there are plenty of wrapped tokens and synthetic tokens that aim to mimic the price of the real underlying asset.
Targets 4 - 5 - 5.5 - 6
Stop loss 2.3 - 2
have a great day
CRV/USDT - Simple "Buy the Breakout" Setup**Very dependent on BTC**
If BTC stabilizes we may see smaller caps push higher - if CRV can break through overhead resistance (the 200SMA on 12HR and upper trend line) and then find support, I would buy the retest and aim for the marked targets.
Solid chance that resistance holds and it stays in the descending triangle pattern for a while instead.
happy trades,
CD
(CRV) POTENTIAL GIANT "CUP AND HANDLE" PATTERNHello everyone !
Today the black cat trader is analyzing BINANCE:CRVUSDT based on a weekly chart.
CRV seems to show us a potential giant « Cup and Handle » pattern.
What we can see :
First, based on this pattern, we can situated our neckline at approximately 3,60 $ which is our major resistance. Secondly, we can considered the descending trend line as a second resistance that price must break to go higher.
What we can expect :
1. To validate and complete this beautiful cup and handle pattern the price must first break the descending trendline to gain the top of the handle which is situated at approximately 3,60 $ .
2. Once the price will break the C&H neckline we can expect a pull back on the neckline which would be a good support to go higher.
OBJECTIVE :
If we complete this pattern we can expect the price to go at : 6,90 / 7 $ (x3 from the today’s price)
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MAY THE CRYPTO BE WITH YOU GUYS
NO REASON NOT TO BE LONGI want to see the price clearly close and consolidate above 2.3$, that would be the trigger for a run to 3$ area, followed by 3.6$. Looking good in HTF, clearly close above the last months range, so thats a long for me. Still want to see a close above 2.3$ for full confirmation, but this should move upwards in the next days/weeks, if bitcoin doesn't come back down.
Mega Bullish On Harmony One - Proposal To Deploy CRVI have been mega mega bullish on harmony one, there is some news today that harmony is proposing a deployment of curve finance on harmony one.
You can read through here -
gov.curve.fi
In addition to this there are several upcoming projects along with the potential for coinbase to list them and the btc bridge bugs getting worked out. We have broken the .10 area and from here there isn’t a lot of resistance overhead, because harmony is such a new project they are still being priced in by traders. We are still early, only 1 billion market cap and what better way to add more value then to add another project like CRV to harmonys ecosystem. There will be many more in the future, just based on the current ETH Fees, and sentiment toward more centralized networks like matic, harmony $one is a NO BRAINER!