CRV SHORT Opportunity !CRV raised toward the Fibonacci 0.786 level after collapsing from 0.00008500 area. Now it's under the resistance zone and we can expect a retracement in its uptrend from 0.786 level of the Fibonacci. We can also see a bearish divergence in RSI in the 4H timeframe. Try to catch it under the resistance with low risk.
CRV
CRV to the moon?2HR chart of CRVUSDT broke the neckline of cup & handle, overcame the upper resistance of ascending channel, had a nice and victorious pull back/retest and got MA10 way down! So (CONSIDERING THE STABLE MARKET AND NO HARMFUL TWEETS FROM SOME GUYS WITH MENTAL ILLNESS!) if it could be able to pass the regression channel higher limit, will climb upstairs to 0.786 fibo or even higher.
Trade Safe
CRV/USD - Bullish price action facing its first test! $2.4CRV has done a nice recovery so far, pumping *only* 115% since the bottom on 25 May.
Now we have bullish indicators on daily, with MACD doing a bullish cross on the moving averages + a positive histogram. RSI moving higher as does StochRSI... all things point up.
BUT!
Do you see that resistance at $2.4? That is a nasty one. I'd be surprise for us to move above it without a fight. We could be rejected here this time, then later we can push higher.
If we do go above it and make it support, then we're back in business and the next target is $2.8 and later above $3.
Finally some excitement in the market. I am somewhat bullish for now since if ETH/BTC (my ideas linked below) push above their current resistance levels, all market will be lifted. Lets see.
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CRV: An Obvious Accumulation before MASSIVE RALLY!CRV is currently building up an ascending pennant after forming a cup and handle shape since its beginning. Accumulation has been going on for several weeks with the price squeezing into the 2.951 to 3.651 range, which likely forces a break up out of the pennant resistance (3.548). Currently it has rebounded strongly out of the 2.4 support line, where the 0.618 fib level is, this validates 2.4 as the support we see it not to break for further bullish momentum. A breakout of the pennant with bullish volume and Price action will see a retest of 3.652, where we can increase position sizes on the dip or make a new entry with confirmation.
Entry around 2.951 - 3.2 (support zone at the bottom of pennant confluence with 0.786 fib level)
Targets are 4.488 (previous ATH), 5.629 and 6.746
Stop loss below the pennant and support line of 0.618 around 2.091 (can below to allow for some volatility)
Catch as much as CRV whenever price dropswe already give it a call on the support with targets n we following up ...
( the call post below this article in the related ideas section)
If u r worried about CRV n not sure that it will go to $7 or even higher ... take a look on the chart
using Fibonacci retracement tool, look how CRV is respecting the support ,, it holds great despite the bloody market these days !!!
our targets still the same don't ever worry .. u will be rewarded soon
good luck 👌
CRV:USD LONG for gainsg'day mates. here is my CRV bull thesis for this summer:
flat accumulation for months, hasn't pumped yet like most other coins, has normie eyes on it listed on Coinbase, it is under 5$...everything is there for it to send. right now traders and HODLers are looking for growth and specifically for coins that haven't had their pump yet.
CRV is one of the few listed on coinbase that haven't had a parabolic run this spring yet and CRV fits nicely into the "DEFI" sub-category of crypto which as a sector has seen big upward moves over the last few months.
CRV going strongEven though ₿itcoin is currently dumping, the Curve DAO Token seems to be ready to break up this triangle 📐 and if successful, CRV could run to 6.05 and even higher.
ENTRY : local high @ 3.865
SL : local low @ 3.370
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 6.05
RRR : 4.4
INVALIDATION : when SL level hit
Like👍 & Enjoy📺!
$CRV with More Curves $crv finally looks to be ready. as mentioned last time, I believe $crv will have an explosive breakout. levels in the right are fib levels, and tp levels are marked with green (and yellow if you have weak hands). other fib lines (purple) can be used as stop losses in profit. info lines in the center are experimental, and show the possible heights $crv can reach on this third parabolic step breakout run (calculated using the first two parabolic steps). bar pattern is $fil which also saw tons of accumulation before breakout. scaled to size to show possible market movement and fit too perfectly with my fib levels and curves not to add lol. having fun with this one but confident with this prediction.
good luck all! lmk what you think