CRVUSD
I honestly love this chartWhen Curve DAO is able to use this Gold trend line as support, the price action has played out very bullish. However, if we retest it again soon and break down, we should look for support around the black trend line in the blue level which has been recent support. If we should above it though, my price target it around $6.
CRV/USD - Under resistance. Breakout possible to $5.7!CRV has moved very nice in the past few days, now reaching a key resistance level at $3.7.
Once we clear that resistance CRV will have a clear path to $5.7.
MACD on daily is bullish, with a nice expanding MACD on the positive side and RSI is also moving higher. The only thing we lack is a bit more volume.
However, do not jump now into CRV, best to wait to see how price reacts at $3.6 level. If we clear this level, we're good to go much higher.
Bias remains bullish. Enjoy the profits.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
CRVUSD: $6 Soon?!CRVUSD appears to be in the final innings of a cup & handle pattern formation, which suggests that CRVUSD could move to ~$6 in the not so distant future. For this to happen, CRVUSD needs to continue to respect the upward support of the handle and move through $3.50 resistance. That's no small task, but certainly within the realm of possibilities when considering the current trend in the 14-day RSI and how tight the Bollinger bands are getting.
As always, BTC dictates the broader macro trend for the alts. A CRVUSD break out implies that BTCUSD doesn't enter into a downward correction over the next few weeks.
CRV/USD - Path to $3 is set... 🚀🚀🚀CRV broke out of the ascending triangle in blue after doing a beautiful retest of resistance turned support (top of the triangle) yesterday.
This confirmed that we will have continuation and a higher price level. This was confirmed today and we're clear to go to at least $3 before facing any significant resistance.
If we manage to break $3 then we're clear to re-test our local high at just over $3.6. After that, FOMO is in order.
The indicators are also looking sexy, MACD is positive with a nice cross, RSI is expanding up and volume is not that bad... great.
Bias remains very bullish on CRV so far we keep price above $2.4 which is also our support.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
CRV pump potentialForming a base and parabola, broke over decending diagonal and restested it (green), and about to break over resistance. In a rising wedge but these rising wedge tend to breakout in a pump and blow off top as in January 11th. Otherwise the rising wedge breaks down to the channel support. Targets outlined by orange boxes.
Curve (CRV): All levels to watch!I made a simple cheatsheet for you, look to levels.
My Bias: Bullish
Basis:
4H MACD: Bullish
4H RSI: Bullish
EMA 12H: Support Price
Volume 1H: Increase
look nice to me, be patient.
BTC: 1Gro97DoABk7BMegn5TKopmMXLKQefej9r
XRP: rw7wnYPy8ZR542piPUNcz8fzmkNZY27WXS
BNB: bnb1r2r3rzad7v0lkmhr4kn6wp5stsr7ur8gknvqp2
UNI: 0x112F395E94a7084Ca6dAa9Ba1462192Ac56570F5
USDT: 0x112F395E94a7084Ca6dAa9Ba1462192Ac56570F5
CRV/USD - I smell pump in the air! $3 soon. 🚀CRV is compressing here in this ascending triangle and there is not much space left for CRV to move... soon we need to breakout... my bet is up. :D
On daily the indicators are looking healthy with a MACD which is timidly hovering on the positive side awaiting that juicy pump to happen and RSI is pushing higher.
On 4h we also crossed on the positive side on MACD with increasing volume so if we don't breakout here, then we still have room for another try. If both fail then we may need to revisit support to refuel.
For now I remain bullish on this chart. CRV also appears to be ending a large correction before a last fifth leg up in a nice large Elliot Wave structure.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
CRVUSDT (CRV) - POTENTIAL BREAKOUT ANALYSIS 🔎
- CRVUSDT is resisted by the descending trendline resistance (DTR).
- Price is testing the descending trendline resistance (DTR).
- Price action is printing a symmetrical triangle (ST) pattern at the test zone.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below symmetrical triangle's inclined support.
CRV/USD - Double Top patternOn the daily chart , we can see that CRV is still in a bearish trend.
Looking closely, we can see that a double top pattern is forming and we can now expect price to bounce off support level and move up until resistance is reached.
CRV is approaching closing of the triangle, so a decision on price movement will be made very soon.
If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis .
Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
CRV/USDT - 4h - Analysis published on 03/12/2021Hello World, it’s Cosmo 👩🚀 … and – as the general market – I’m back on the Moon. Everything good here … Moonraker (my Crypto Hedge Fund) is doing very well and gained lots as the general market was soaring.
Now it’s time to re-balance as our longs have gained weight in the fund (together with the market). We need to increase the shorts now again. Today I’ll analyze the Curve DAO (CRV) Token against USDT:
So, let's get started 😃 … Summary of the Analysis: CRV/USDT (4 hours time frame)
Trends: Short Term - Bearish & Long Term - Strongly Bearish
Crypto Screener™ (by TradingView) Rating: SELL
Technical Indicators (by TradingView & intotheblock): STRONG SELL
- Summary: 18 Bearish; 8 Neutral & 0 Bullish
- Oscillators: 4 Bearish; 7 Neutral & 0 Bullish
- Moving Averages: 14 Bearish; 1 Neutral & 0 Bullish
Fundamentals: SELL
- Circulating/ Max Supply = 7% --> STRONG SELL
- No Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto)
- No SIMETRY™ Rating (by Crypto Briefing)
- No Rating by TokenInsight
- No Asset Score™ by TokenInsight
- No Dynamic Performance Score™ by TokenInsight
AI (Artificial Intelligence) by CENTRALCHARTS: STRONG SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): neutral
- 4h (4 hours frame): negative
- D (1 day frame): neutral
- 7d (last 7 days): neutral
My Opinion: SELL - Bearish under USD 2.640
My targets: USD 1.620 (-23.4%), USD 1.257 (-40.5%) & USD 1 (-52,7%) from current price level
CRV/USDT follows a strong bearish trend since ATH (all time high) on 02/06/2021. Traders may consider only short (sell) positions if the price stays well below USD 2.640 (Stop Loss Level = 1st light green line above current price; +24.9% from current price level). Next support levels are indicated as light red lines in the chart. A bearish breakout below a support line would increase bearish momentum.
Signal Force (0-10): 8 = very strong force
To sum up my opinion: I’m convinced that the Curve DAO Token is substantially overpriced with the recent PUMP ACTION and will retrace back to it’s lows from before the parabolic move (around 1 USD).
We broke monthly VWAP (volume weighted average price) downwards 2 days ago (on 03/10/2021) which is a strong SELL signal.
Please note that as a Hedge Fund Manager I would NEVER go outright short = only sell short ... I always have potentially overperforming coins or tokens long against the shorts!
The trick is, that (because of good research) the longs perform better than the shorts in all market situations.
Like and follow as the next analysis will focus on over- and underperforming (compared to BTC) Coins or Tokens again.
With this information you'll then be able to go LONG potentially overperforming Coins/ Tokens and to go SHORT potentially underperforming Coins/ Tokens and to do what the big guys do 🤑: Organize your Crypto Portfolio as a Hedge Fund.
Heard about this? With this successful trading strategy😍🍀💵 you'll be able to make money in all market situations and independent from the price action and level!
Happy trading everyone … comments welcome!
Published on 03/12/2021, 12:00 PM (UTC+1)
CRV/USDT - High Probability of Bullish W PatternHello traders and community, today I will tell you shortly about the situation of CRV/USDT
Trend analysis
- As you can see from the CRV/USDT daily chart, the price of CRV started moving upward for testing current resistance zone (red rectangle) and so forming bullish W pattern. Right now CRV is still in range trend between two main zones (green and red rectangle), and we as traders need to wait for a breakout to open our trade position for making profit. As a trader, I recommend to put long position up to 2,9 price level for lowering risks (possible scenario on the chart). Resistance level is situated on 2,945 price level and Support level is located near 1,704 pricel level. Overall trend of this pair stays bullish and therefore it's great opportunity for trading and investing. Always check trustworthy signals before open your trade position!
Chart pattern
- Range pattern (functioning)
- Bullish W pattern (forming)
Technical indicators
- RSI: market is still in boarders and is located near 50 level (not overheated, Bull signal)
- MACD: MAs are prepared for upward movement + they get closer to each other (Bull signal)
- BB: Volatility of the market started stabilizing after volatile movement accomplished (Neutral signal)
- MA (10,20): MA10 is going upward to the level of MA20 (Bull signal)
= Overall bull signal movement
Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention!
Tell us about your opinion for making better decisions in trading :)
P.S.: Information provided is only educational and should not be used to take action in the market.
PayPal to Buy Curv Crypto Custody Firm- new high(again) maybe.maybe it can retest the support zone and buy from there.
green- support rejection
black-stop loss breakdown.
no Take profit cause we going andromeda .
not a finnancial advice just bananas . ktnxbye
a bit of a old news but maybe still a factor .
CRV / TetherUS Positional and Swing trade chanceHi
we are observing this crypto Token since last 100 days and we can see a long consolidation in the pair.
if we observe the same pump in BTC soon we can see that the market dominance will distribute the funds to other sector too and Curve DAO token is also will get a good effect so we shall be having an eye on this token too
please comment your ideas