CRVUSDT - Can break out this time?BYBIT:CRVUSDT
4H trend chart
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CRV is building a big descending wedge since 10/28
It tried to take out this wedge but failed yesterday.
Now it approaches the upper downtrend line again.
If price can break out this downtrend line, trading strategy as below.
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Profit Targets:
a) 4.887~5.027----Fib(1.272~1.382)
b) 5.328----Fib(1.618)
c) 5.815----Fib(2)
Stop losses:
a) 4.031-----Red horizontal ray
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CRVUSD
MY MINIMALIST CHART ANALYSIS FOR CURVE ALTCOIN$CRV
11.22.21
0751H +8 PACIFIC
ALERT: ADJUSTED CHART DUE TO BTC's CORRECTION
TOP-UP AREA OF VALUE HAS MOVED DOWN, THIS WILL BE A GOOD BUY FOR US
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
JUST DYOR ENTRIES. Watch for Price action/ RSI and STOCH, VOLUME, and FIBS. Set your tight stop loss as any geopolitical, natural/man-made calamities will change the course for our TARGET AREAS OF VALUES.
REMINDER: "FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART (You can CLICK AND hold THE CHART and PAN or DRAG IT.)
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS, Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
CRV/USD - Support retest successful! Back to $5? 😉CRV went back to the ascending trendline and is likely to consolidate just above it before we return on the uptrend.
We still need a bit more time, but the trend remains bullish on CRV. Plus fundamentals are looking great for this coin.
I expect CRV to move towards $10 eventually. ;)
Like and follow if you liked myidea!
CRVUSDT Update and TargetSo the consolidation of CRV got lengthened a bit by the recent pullback. However, that is not a bad thing. Structurally, CRV looks great! I expect it to move to about 8.0 for a major target. There are a few targets I expect after this but I am waiting for confirmation. Anyways, thanks again everyone!
CRV about to go parabolicThis is a comparison of CRV/USDT current chart to ETH/USD 2016-17 Chart. They are strikingly similar and CRV is closely following it.
90% of CRV's current circulating supply is locked for an average of 3.6 years making it a perfect candidate for a massive supply squeeze.
CRV wars are also heating up because of what MOCHI INU did a few days back.
It is currently turning it's previous all time high resistance into support and gearing up for the massive move that is about to come in the next few weeks. Once it flips $5.5 resistance it might go parabolic just like ETH did in 2016.
CRV all time high is $23 which is definitely achievable in long term because of it's low supply in the market.
This chart is only for information purposes and it is not an investment advice.
CRVUSDT : Can you get another ATH ?In the 4h chart
It hesitated and converged after touched 5.500 for a week.
The price is under downtrend now ,if it can break out and stand firm above the wedge ,trading strategy as below .
SL: 4.282
TP1: 5.500
TP2: 6.266
TP3: 6.576
TP4: 6.909
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
🌈CRV- testing major support, get readyCRV just recently broke above the area of heavy resistance and is now testing it as a support. The price got rejected from 5.46 level, which actually can be treated as "more reliable" ATH because it is the only clear resistance we can identify, except for the one from the initial pump, when the coin was first listed. You can of course argue with this theory, it's just my approach. Following this assumption, this is the last level to claim. Please remember, that if BTC is going to resume its run (and it looks like it is) most altcoins will either dump or go into standby mode. In case current area doesn't hold, we can expect the price to find support at either 3.15(local level) or 2.68(macro support)
Entry: average buy from current price (4.40) down to key level (3.53)
Targets:
TP1: 5.44
TP2: 6.89
TP3: 10.50
TP4: 14.11
TP5: 16.35
TP6: 23.20 (~500%)
TP7: OPEN++
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About CRV:
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.
In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.
Source: coinmarketcap
CRV: Accumulation Before the Next Leg UpAfter a nice run up from sub $3 up to a local high of $5.70, we can see that CRV is now accumulating in the low $4 region. If this support zone holds, then I'd expect a nice leg up in the next few weeks.
If it dumps below the support zone, this idea is delayed.
This is not financial advice. These are just my ideas and opinions.
CRVOn the right, 4H chart:
- shows a demand area as price stayed above the support.
On the left, Daily/Weekly/Monthly chart:
- yellow for monthly.
- white for daily.
R+WR = the monthly resistance match with weekly resistance.
Notes:
- The pattern on daily frame which means need to have daily candle to close above.
- on the right there is a long opportunity because the price on the support and demand area.
MY MINIMALIST ANALYSIS FOR CURVE $CRV
10.30.21
1050H +8 SINGAPORE
ADJUSTED CHART
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
INDICATORS INCLUDED
AN AREA OF OPPORTUNITY: 1ST SWING ACHIEVED
ZONE FOR AN ENTRY (COILING UP FOR A NEXT SWING.)
Since CURVE is new, I have very little data to fully understand the Market's Character. This affects accuracy.
I will research more on its FUNDAMENTALS for some confluence to my BIAS.
Wishing you all The Best Trades! Thanking you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
SHOUT-OUT to All the Cryptoverse Analysts!
Vive Le Austist! Vive Le Retailers! Vive Le Revoluzion!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, Fibs, Market Dynamics, and especially trading psychology.
Note: This CHART is best used without indicators.
Master your Trading Discipline
and Trader's Psychology
CRVUSDT Ready to Start the MoveThis is another asset I have been talking about to my followers. I have been watching the consolidation closely and it looks like it is ready to start moving soon. This asset is great because it has an overall large target and a long year and some change basing pattern that has formed. I have put the first target on the chart but I expect this to really move when things get going. The target comes from the flagging pattern.
Thanks again everyone.
Tomorrow I will pick another asset I think will be great. Maybe KDA. I am still deciding. Cheers!
Curve DAO Token on the day
On the Week.. even though there is little data to be found in this chart, I am extracting an Ascending Triangle/W pattern from what is available. If the bulls price further up here, the target price will be towards $8.5 dollars.
On the day It is therefore important for the bulls to hold their ground above the red resistance line and thus show that we want to continue trading. If the Taurus doesn't hold it and there is reason to cool down then a drop towards $3.2 could lead to the creation of a Handle and a Cup n Handle formation to become visible. If we drop further and stay within 50%, I would still consider that valid.
Keep calm, trade safe and manage your risk.
(no Financial advise)
Curve DAO Token on the weekOn the Week.. even though there is little data to be found in this chart, I am extracting an Ascending Triangle/W pattern from what is available. If the bulls keep the price at this zone the bulls can go further up from here, the target price will be towards $8.5 dollars.
On the day:
It is therefore important for the bulls to hold their ground above the red resistance line and thus show that we want to continue trading. If the Taurus doesn't hold it and there is reason to cool down then a drop towards $3.2 could lead to the creation of a Handle and a Cup n Handle formation to become visible. If we drop further and stay within 50%, I would still consider that valid.
Keep calm, trade safe and manage your risk.
(no Financial advise)