CRV
CRVUSDTCRV just entered a very strong resistance area but the volume on the market shows that it might have a chance of touching higher targets.
In that case we can open long positions and wait for those 2 TP areas (as shown on chart).
Wait for the closure of a 4H candle above the resistance and then once its confirmed, open your positions.
Be careful about it tho, it's a very strong resistance.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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CRV cup and handle breakoutCRV looks to have broken out of the cup and handle pattern I mentioned a few days ago.
There still looks to be some resistance around 3.80 USD, but if that breaks, 4.40 USD looks to easily be within reach and beyond. There also looks to be no red flags indicating a fake out from MACD and RSI from what I can tell, so it looks like the largest risk I see is if BTC loses support, as no trend is guaranteed and all bets are off if BTC breaks (would love to hear your thoughts if you see something otherwise, so please leave a comment if you disagree). Otherwise, CRV definitely looks to be an alt to keep an eye on in the next few days.
$CRV - HTF Long Setup (1/2D)Evident CRV started at high prices and sold off, found a bottom and is now pushing up those initial higher prices
Using the 1D chart we can derive the cap of the market is the SR block of $3.6-$3.1 - mid and late August 2020
One we clear this which lines up with the deviation level on the LTF setup there isn't really any resistances, similar to XRP above $1.1
The flat top triangle is pretty clean - equal highs and higher lows, should be an explosive move upwards once flipped
Targets would be 1D SR's of $5.3, $6.9 and and the measure move target of $6.2
$CRV - LTF Long Setup (2H)$CRV fundamentals are solid here, DeFi etc.
Chart is strong
Micro range, deviation beneath (stop hunt), push above, retest and a good push to the upside
We have also formed a smaller bullflag in this micro range, bullish accumulation under the resistance of 3.4-3.5
Strong reclaims of mids, break and retest of flag and deviation level marked will all be solid entries as the 1D chart has us pointing even higher!
Targets for this LTF setup are 4 and 4.7 dollars
Check my next post for the 1D setup, adds to bullish confluence!
FLAAAAAAAAAAAG🔝Good morning starts with a good trade, wolves🔥
One more formation. So get ready
There was a slight and confident bullish trend before consolidation.
The price multiple times bounced from support and resistance level.
Then there was a bullish breakout.
Possible retest of the level is expected.
Follow the chart and look for the best price to enter carefully.
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CRV cup and handleCRV looks to be another alt showing a cup and handle pattern.
There is still some room for CRV to continue sideways or even downward (as indicated by the wedges with green lines and green dashed lines), but it looks like it is maybe one more alt that could be heading upward out of the cup and handle pattern soon or continue to form into a wedge in the short term.
$CRV Breakout Imminent $CRV will melt faces. As mentioned in my previous idea, I expect $CRV to go parabolic upon breakout. Everything about this chart is bullish (cup and handles, bull flags, ascending triangles, long periods of accumulation). Rays on the right are accurate Fibonacci levels, with green rays indicating take profit targets. The bar pattern is for fun and added to demonstrate possible market movement. Bar pattern is from $FIL, slightly tweaked. Good luck all, let's make some money.
Please feel free to leave any comments, and checkout my $EGLD idea ;)
Cup of Tea, sir?☕️Hurray, dear friends🔥
There is our Second Lovely pattern is Flag formation.
This formation is on CRV/BUSD crypto pair.
The price was in a slight but confident bullish sentiment before consolidation.
Price multiple times bounced from support and resistance level and now it is close to breakout.
If you take a look at a bigger timeframe, this formation looks like a handle of Cup and Handle pattern
So follow the chart and look for the breakout carefully.
_____________________________________________________
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
CRV ~100% gainsWe have a nice cup n handle action, this should be a nice hodl till it reaches somewhere around ~5 mark. I would be careful since the market is looking a bit iffy and we can just end up consolidating more.
Defiantly is nice to have on the watchlist if your looking for something to trade.
Feel free to ask questions
CRVUSD: "CUP" has formed, awaiting for "HANDLE" to confirmAs we can see in the 1D Chart, CRV is forming a handle right now and if we are able to break out the white line, our next potential target might hit 5 (only when the candle have successfully broke and stay above the white line)
Looks promising, so you might want to put this in your watchlist and pay attention to the 1H, 4H & 1D Chart.
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Trade wisely folks.
Weekly trend swing trading idea Nzd/JpyHello Traders,
Here you can find my weekly trade ideas. They mainly serve to achieve a possible learning effect or to show other perspectives how other traders set their positions and act, should be very interesting. The focus is on the "point of view" (learning through seeing).
All trades amount to Fundamental, Economical, Mathematical, - Technical information.
In the 4 years that I have been trading now, I have simply learned that the trades are only as good as the information that is based on them, the higher the density of information, the better and more likely that the trade will work.
Every week on Sunday there is an update, because new information is published over the period. Depending on how these end, the trade is either closed "early" or it continues on its way towards TP (Take Profit).
CRV (opportunity-risk ratio) is ALWAYS 1 to 3.
Trading style includes hedge and trend based swing trading and position trading approaches.
Please use your own criteria (entry, exit,etc.) and don't be a copy, otherwise it won't work, find out which style suits to you.
My Trades are always Market Entry, like you can see.
Enjoy.
Haave a nice Week :)
🔥 CRV Bullish Channel TradeSince early March, CRV is trading inside this channel. After hitting the top of the channel two weeks ago, CRV saw some bearish price action towards the bottom support. T
The bounce from this support, combined with the current bullish state of the crypto market makes me believe that we're going to see another bullish push towards the local high around $3.60 soon, potentially $5.
Happy trading!