Edge to Edge move in play for CRVHas happened in the past, I dont see why it cannot happen again.
I am not particularly excited about DeFi post EIP 1559, because the upgrade favors staking ETH instead of staking DeFi tokens. For example, you should do much better using a Lido-Crv-cvx staking mechanism over staking UNI. Remember lower ETH fees mean lower staking rewards for a lot of token holders.
CRV is one of the few DeFi projects I am invested in because its a part of the ETH staking mechanism.
Also as Convex finance went live, I expect a decline in emissions. Given the FA, the TA here should play out.
CRV
CRV - broke the global trend line. Time to buy❓🤯Many people have asked me about the CRV coin. There is a very nice picture on the chart. The price has broken the global trend line. Tested it as a support. At the same time, the lows are rising, which is a good signal for continued growth. From the highs of this spring, the asset has corrected 77%, which is a lot, at least you can expect a good pullback.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
💡Don't miss the great buy opportunity in CRVUSD". There is a possibility of temporary retracement to the suggested support line (1.788).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CRVUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 2.041
TP2= @ 2.324
TP3= @ 2.849
TP4= @ 3.522
TP5= @ 4.261
SL= Break below S2
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💡Don't miss the great buy opportunity in CRVUSD". There is a possibility of temporary retracement to the suggested support line (1.788).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CRVUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 2.041
TP2= @ 2.324
TP3= @ 2.849
TP4= @ 3.522
TP5= @ 4.261
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
IM NOT TRUSTING THIS I dont trust this last months lows, it looks more like a classic support thats builded to get smashed and take all liquidity below, so until then I will look just for short scenarios.in any case, you always need to consider both sides so you know where are you wrong, consolidation above 2.2$ would be invalidation of this idea.
🆓Curve DAO Token (CRV) July-31 #CRV $CRVCRV has conquered the 1.6$ zone and is heading to the 2$, 2.4$ and 2.8$ zone in the near future. But if CRV loses 1.6$, it will fall to 1.3$
📈BUY
🔴Buy : 1.56-1.64$. SL if B
🔴Buy : 1.95-2.05$ if A. SL if B
📉SELL
🔴Sell : 1.95-2.05$. SL if A
🔴Sell : 2.34-2.46$. SL if A
🔴Sell : 2.73-2.87$. SL if A
♻️BACK-UP
🔵Sell : 1.56-1.64$ if B. SL if A
🔵Buy : 1.27-1.33$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
$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
$CRV Fire Sale!Back with another $CRV chart lol. As you may know, price action looks pretty awful, especially for alts. I expect $BTC to break to the downside of it's current range and proceed to nuke the entire market with it. Although this unfortunate in the short-term, this will create some amazing buying opportunities for alts, especially those with good fundamentals.
In this chart, I display the previous levels (orange box) which should serve as support as we head for further downside. I also show similar support levels (green box) that correspond to fibonacci ratios in accordance to the 5 leg elliott wave impulse for confluence.
Knowing these levels, I plan on taking advantage of this buying opportunity at the $0.67 and $0.44 levels primarily, with some hail mary bids at $0.33. These levels should at the least provide a significant bounce to the upside imo.
Regardless of the outcome, I am a long-term $CRV hodler as I believe the token is extremely undervalued, and still believe it will reach prices listed on my previous $CRV charts.
As for the bullrun itself, although I may be overly optimistic, I do not believe it is over. Comparing previous bullruns, this being the end doesn't make sense to me, and instead I believe we are having a mid cycle correction/shakeout before resuming but only time will tell.
🔥 CRV Bullish Triangle: Potential Break OutThe current pattern of CRV is quite similar to the majority of other cryptos. In contrast, CRV is one of the few ones to almost have its pattern completed.
Assuming BTC will continue its bullish push upwards, CRV could reach its potential mid-term target of $2.
Happy trading!
🆓Curve DAO Token (CRV) June-21 #CRV $CRVCRV has lost the $2 zone and this has become its very strong resistance at the moment. Currently, CRV is falling to the $1.4 zone or even $1 by the end of this June. But if the buying power comes back and helps CRV regain the $2 zone, it will rise back to the $2.8 zone
📈BUY
🔴Buy : 1.37-1.43$ if A. SL if B
🔴Buy : 0.975-1.025$ if A. SL if B
📉SELL
🔴Sell : 1.95-2.05$. SL if A
♻️BACK-UP
🔵Buy : 1.95-2.05$ if A. SL if B
🔵Sell : 2.75-2.85$. SL if A
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone