CRVUSDT likely to hit weekly support and bounceThis one is also aiming for weekly support WS1. 0.80-0.81. It has come quite close to it and I believe it wont shy away from it. However, that hit of the price to the weekly support may provide a long opportunity. The target for this long should be 0.854 and if extended 0.883.
CRV
CRV: Resistance BreakoutTrade setup : Price reached $1.25 resistance and pulled back to 200-day moving average, which could be an attractive swing entry in Uptrend with upside potential back to $1.25. It just broke back above $1.00 resistance level, indicating Uptrend continuation. Note that price made a Higher Low during this recent downswing, which is also a sign of Uptrend.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.75, then $0.50. The nearest Resistance Zone is $1.00, which it broke, then $1.25.
CRV/USDT - Curve: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $CRV / $USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 1.103 | 1.187 | 1.392, and the major support zones can be found at 0.898 | 0.777 | 0.572. Consider entering at the current price zone of 0.923 and targeting higher levels.
◰◲ General info :
▣ Name: Curve
▣ Rank: 61
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: Curve Finance is a decentralized exchange optimized for low slippage swaps between stablecoins or similar assets that peg to the same value (e.g. wBTC/renBTC). The protocol employs a Automated Market Maker that was built specifically to give DeFi users low slippage and liquidity providers steady fee revenue.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.923 ₮
▣ 24HVol: 5,480,605.876 ₮
▣ 24H Chng: -0.859%
▣ 7-Days Chng: -9.50%
▣ 1-Month Chng: -7.32%
▣ 3-Months Chng: 72.61%
◲◰ Pivot Points - Levels :
◥ Resistance: 1.103 | 1.187 | 1.392
◢ Support: 0.898 | 0.777 | 0.572
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: -1.81
▣ Last 90D: 2.63
▣ Last 1-Y: -0.09
▣ Last 3-Y: 0.23
◲◰ Volatility :
▣ Last 30D: 0.96
▣ Last 90D: 1.05
▣ Last 1-Y: 1.31
▣ Last 3-Y: 1.85
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.71 - Bullish
▣ In-depth CRVUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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Curve may see Double-Bottom vs BitcoinCurve has primarily been within a parallel downtrend on its logarithmic chart (3 day chart shown here). It broke above that channel and moved nearly a channels width above it, before breaking back down into the same trend. Often when we see a strong channel breakout that eventually falls back into the channel, crypto charts have a tendency to test a breakout on the opposite end. I've drawn channels of equal length above and below to illustrate this.
I'm expecting there is a decent chance this occurs again here, where we break down below the channel and move nearly a channels width below. This would put us in the same range as Curve's ATL vs. Bitcoin, and could stop there or move closer towards the full length of the channel, to have a slightly lower 2nd bottom on its double-bottom.
This is just an idea based on trends I've noticed in crypto. I didn't look for much confluence - but MACD is trending down and volume is still unusually low.
Should this actually happen, expect a strong move back up from the 2nd low or ATL. Short until then, long when it reaches the green box or near lower channel bottom.
CRV is still bullishHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the CRV symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CRVUSDT heading down to daily support to 0.95 levelCRVUSDT lost the 4h support and now is very likely heading towards the daily support zone DS1. The price has bounced from this zone several times. It shall bounce this time too. How big and how long, that would be a question we shall answer once we see the price hitting this daily support zone.
CRVUSDT(CurveDAOToken) Daily tf Range Updated till 14-02-23CRVUSDT(CurveDAOToken) Daily timeframe range. bellow 0.490# is a price discovery level that comes with concern. but it held back right and retraced back 150%+ which is cool. if it had a little bit more volume could have break 1.284#. clearing that level opens up free space till 1.550#.
$CRV/USDT 12h (#BinanceFutures) Ascending triangle on supportCurve just pulled back to 50MA and seems to be preparing for another impulse leading to a bullish breakout.
⚡️⚡️ #CRV/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 8.1% (Risk=3%)
Current Price:
1.054
Entry Targets:
1) 1.047
Take-Profit Targets:
1) 1.339
Stop Targets:
1) 0.852
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +55.8%
Possible Loss= -37.2%
$CRV #CRVUSDT #Curve #DAO #DeFi
#CRVBTC - A Steady Drop to Meet Multiple SupportstheCrypster -
We've just closed a massive Long trade with #CURVE / #BITCOIN netting a total of over 35%, now we've received a Short signal from CTv2 and we can see a potential for a healthy 10%.
Price should be aiming for a point of multiple support, an ascending trend line meeting simultaneously with a historical level of support, this is our target.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Curve DAO (CRV) formed bullish Gartley move for upto 17.50% pumpHi dear friends, hope you are well, and welcome to the new update on Curve DAO Token ( CRV ) with US Dollar pair.
Our last trade of CRV was as below:
Now on a 2-hr time frame, CRV has formed a bullish Gartley move for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Curve DAO Token CRV price has a chance for another leap upToday we will take a look at the CRVUSDT trading pair.
Our attention was drawn to the fact that during yesterday's market decline, CRV buyers kept the price above the strong mirror level of $0.95-1. As you can see from the trading history of CRVUSDT, this zone has often played the role of critical support and resistance levels.
In general, the growth of the CRVUSD price in January 2023 was x2.
If buyers of Curve DAO token manage to keep the price above the liquidity zone of $0.90-1 in the coming days, there is a good prospect of another +50% growth to the range of $1.35-1.50
An additional fact that Curve Finance has prospects can be evidenced by the Top of protocols with assets placed and blocked in them (TVL) (at the time of writing this idea):
1. Lido Finance ~ $8.0 billion,
2. MakerDAO ~ $7.0 billion,
3. Curve ~ $4.75 billion.
4. AAVE ~ $4.5 billion
5. Convex Finance ~ $4 billion
6. Uniswap ~ $3.8 billion
7. JustLend ~ $3.6 billion
8. PancakeSwap ~ $2.5 billion
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