CRVUSD
CRV to the moon. A coin that discouraged everyone last seasonI have only used fundamental analysis in this chart and my recent Bitcoin analysis has made me consider giving you this great idea. This week will be the decisive week of Bitcoin weekly with a number of indicators that have a very high probability of giving good signals. This is one of those coins that last season a lot of people held and then left it, which was the decisive factor that made this retest be perfect.
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
Don't forget click like, it's a hug for me. Thank you!
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.
💡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 ❤️
💡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 ❤️
Is it time for $CRV round 2? $CRV has broken out of the descending triangle after bouncing off of the .382 Fib level. On the daily chart, CRV has bounced off of support in what would be a triple bottom. For the first time $CRV has flipped green on the 3 day MACD. Lately most Defi coins have been on the rise and moving quickly so I expect this to move along with them. CRV has the 2nd highest TVL according to DefiPulse at $9.8 billion locked in. $AAVE has the highest TVL and a marketcap of $4 billion. Compared to $CRV marketcap of $615 million.
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.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
CRV/USD - Approaching decision time - pump or dump! 🤣CRV price is running out of room between support and resistance and the range is getting shorter as indicated by the blue triangle.
Sooner or later CRV will need to break out. My bias is we will break above and go towards $4 and then quickly to $5.
The indicators are a bit flat as we've been ranging in this area for some time, however, every time we made a higher low! This is bullish. A clean break on volume above $3.7 should give us a nice boost to reach our higher targets.
The volatility on CRV was quite impressive lately with 20% moves from one day to the other, which provided a great profit potential for swing traders.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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.
📣 Volume speaks Volume! **Beginning trader & Technical and Fundamental analyst. Received my trader's education at TRi School of Trader Development. This is not trade or financial advice. DYOR.
I want to be Bull this name. This analysis does not speak for a particular setup, though I suppose there is a continuation trade buried in there somewhere. It speaks more to what I would need to see to convince me that we are going to trend much higher out of this little range we seem to be bouncing around in between $3.50-$2.85. Because after that there is little resistance above that and the sky could be the limit with some effort.
Volume precedes price, and there just isn't convincing evidence that the Bulls have taken over. Noted on the chart is an example of what I would like to see. Also, RSI briefly broke out but fell below support and is now trying to claw its way up through resistance. Put in a double bottom along support above the 50 line and I just may catch a ride on the way up.
I'm going to keep an eye out for some of these things to come to fruition before I go spending my heard money in the market.
My 2 cents. Would like to hear your assessment if you care to share.
BINANCE:CRVUSDT
COINBASE:CRVUSD