CRV/USD - Bullish cross, can we go to $4 again?CRV just did a bullish cross on daily MACD which signals we're about to enter bullish territory that can take CRV to $4 again and maybe even beyond.
For now, I see CRV going towards our first resistance at $3.6 and if that won't hold us back then $4 is almost certain. The price action is bullish and the indicators support this move higher.
Chart is looking good and we should have some nice gains ahead of us.
The big question is if CRV will pump beyond $4 and head towards $5 and $6 as we've been consolidating around $3 for quite some time now. Won't be long before we have a significant break from this range.
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CRVUSD
CRV/USD - Aiming for $3.6. Bullish price action in formation.CRV is closely following ETH and if you check my ETH idea linked below you will see we have a very bullish chart. As such, CRV and other alts that are well positioned should show good gains on this upcoming pump to $3k from ETH.
CRV is no different and I can see us easily pump towards $3.6 which was a key resistance in the past. Therefore, if you are bullish this set-up is quite good.
The indicators are also curving up nicely on daily timeframe and on lower timeframes we are already bullish.
The only enigma is what BTC will do as it is the only unknown at this moment. BTC has to pass $58k to return on the bullish up-trend. Until then we have to do with ETH pulling the market higher.
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CRVUSDT Out of accumulation with good volume? 🏋️♀️Hello Traders. I hope you are doing great.
Today I want to talk about CRV. In 4H timeframe, price has managed to break out of the accumulation an is making a pullback to it. In my opinion it is
a good place to enter in the purple support area. The green area is a resistance area which you can take profit at. Stop loss can be if 4H candle closes
below the purple support.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on MTA and don`t forget to comment what you think. ✌
CRV +175 before July ... don't miss this sale !!okay firstly let me tell u s.th regarding the bearish waves based on my previous experience from 2017, it maybe the end of the bull run but for certain coins.
If u did some serious investigations on old alt in 2017 bull run u will realize that there was some coins which made its ATH after the btc and whole market corrected and when they said " BULL RUN ENDED FOR 2017 "
so what I would like to say even if in a bearish market u will find opportunities and high potential ones, but it is all about your beliefs..
coins such what ?? coins like eth - bnb - ltc - crv and others which have fundamentally strong base but all the modern alt will bleed I believe like dent and others
BTC.D will reach 40% n 30% then the bull run will be ended completely we can say
don't ever panic sell of losing money, u can sell but in case supports broken for example and u preferred to buy more in dip and always risk only with yours proits in such situation where every thing is not cleared yet
✅ Buy: 2.40 - 2.63 ✅
🎯TARGETS:
1- $4.52
2- $5.40
3- $6.97 (leave 75% till that point)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): 4hr candle close below 2.02
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CRV vs USD & CRV vs BTC - good to have in portfolio😉Hello! CRV (doesn't matter in USD or BTC) formed CUP & HANDLE pattern!
It is worth considering the following when detecting cup and handle patterns:
Length: Generally, cups with longer and more "U" shaped bottoms provide a stronger signal. Avoid cups with a sharp "V" bottoms.
Depth: Ideally, the cup should not be overly deep. Avoid handles that are overly deep also, as handles should form in the top half of the cup pattern.
Volume: Volume should decrease as prices decline and remain lower than average in the base of the bowl; it should then increase when the stock begins to make its move higher, back up to test the previous high.
A retest of previous resistance is not required to touch or come within several ticks of the old high; however, the further the top of the handle is away from the highs, the more significant the breakout needs to be.
KEY TAKEAWAYS
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
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Curve: Massive BreakoutTo stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com
With DeFi largely underperforming its peers over the past few months, it comes as no surprise that we're starting to see bullish momentum rotate back into the space over the past few days. This is evident when looking at DeFi's total value locked (TVL), which just jumped from $52.5B on Monday to today's reading of $59.8B. Curve (CRV) is among the various DeFi plays that appear to be regaining bullish momentum...
Curve is a software that uses multiple cryptocurrencies to operate an automated market making (AMM) service focused on stablecoins (cryptocurrencies programmed to mimic other assets). One of a number of emerging decentralized finance (DeFi) protocols built on Ethereum, Curve facilitates trading not using a central order book, but rather pools of cryptocurrencies provided by users, who in turn can earn fees through their deposits. Like Uniswap or Balancer, Curve gives cryptocurrency users a way to earn fees on their assets, while letting traders buy and sell those assets at potentially better prices. What sets Curve apart from similar platforms, however, is its focus on markets for stablecoins like Maker and USDT, meant to track the price of U.S. dollars, as well as stablecoins like wBTC and renBTC designed to track the price of Bitcoin. Because of the variety of options on the market, each with its own level of risk, Curve’s goal is to allow stablecoins to be traded with low fees and minimal variation in price.
Ok. The technicals. CRV's +25% rally today has pushed the cryptoasset to a new YTD high and through the $3.65 breakout price of a bullish cup & handle pattern formation. Although it's unclear whether CRV will be able to hold above $3.65 and continue trending higher, this breakout could most certainly transpire to a new parabolic uptrend for CRV. To get an implied price target of the cup & handle, first we measure from the lowest point of the cup to the breakout price ($3.65). Then we use that distance to extrapolate from the breakout price. By doing so, we'll find that CRV's implied target is roughly $7, or a +75% gain from CRV's current price of $4. Needless to say, things could most certainly get interesting from here on out...
CRV - welcome to summer levels? vol 2It's less than an hour for the daily candle to close and we can see that it has broken the Fibonacci resistance level 1, about $ 3.50.
If in this daily view the apparently bullish movement that we appreciate consolidates, we will consider the new resistance zone between $ 5 and $ 5.50 (mark 1.618 Fib), matching the previous highs back in September of last year.
In the event of a downward correction, the levels to be taken into account are reflected here.
Thanks again
CRV: Massive PotentialCRV truly has massive potential for growth. The section of the chart that I'm showing here is only a small portion of the last couple months. However, there is a MASSIVE cup and handle playing out as the big picture.
I could see a potential breakout happening in the next week or two here. A $5 target is not unreasonable once we've moved up.
It'll be interesting to see how this plays out...
This is not financial advice. These are only my ideas and opinions.
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!
CRV/USDT Double Cup-Handle FormationIn the CRV/USDT daily chart, huge cup and handle formation supported by strong trendline and small cup and handle formation. Stoch RSI is oversold. Price accumulate at 2.9 USD level. After 3.38 broken with valid volume, price can follow the cup-handle formation targets. Not a financial advice, it is published for follow-up. Thanks.