CRVUSD
CRV/USD - Major breakout! $1.6 nextCRV has done a huge push in the past 48h at around 50% gains. Moreover, we broke an important resistance line at around $0.90 cents.
What this means is that we're clear to go much higher and we also re-tested the $0.9 resistance which turned support on the 4h. This is very bullish.
I expect CRV to do an excellent run in the next few weeks and by February we should be much higher.
MACD is also looking good, showing we are at the start of this move and the weekly RSI is barely getting back up from oversold area. We have much to grow.
A great potential for gains, especially if you entered under $0.90.
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CRVUSDT(Descending Channel Breakout)#CRVSDT (Day chart) Technical Analysis Update
Descending Channel Breakout
CRV/USDT currently trading at $0.70
Long Entry-level: $0.60 TO $0.70
STOP LOSS: below 0.55
Target 1: $0.925
Target 2: $1.20
Target 3: $1.55
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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CRVUSDT (Falling wedge breakout)#CRVUSDT Technical Analysis Update
Falling Wedge Breakout
CRV/USDT currently trading at $0.73
Long Entry-level: $ 0.70 to 0.74
STOP LOSS: Below 0.550
Resistance level 1(Target 1): $0.86
Resistance level 2(Target 2): $0.95
Resistance level 3(Target 3) : $1.13
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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CRVUSD (Waiting for the trend line Breakout)#CRVUSDT Technical Analysis Update
Waiting for the Trendline Breakout
CRV/USDT currently trading at $0.565
LONG ENTRY: Above $0.605 (Only enter long if 4 h candle close above $0.605)
STOP LOSS: I will update once I see the Breakout
Resistance level 1 (Target 1): $0.700
Resistance level 2 (Target 2) : $0.855
Resistance level 3 (Target 3) : 0.960
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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CRV Retracement began - UP we goOne of the most promising coin in the DEFI fell from 5.75$ to 0.32$ in les than 3 months.
By simply doing the Fib retracement, we should hit the basic 0.236 FIB at 1.50$. Thats nearly 100% that should be done easy by EOY.
Simply following Elliot Waves, we could see we are in WAVE 3 leading to 1.15$-1.20$
The golden fib is near 3.65$, 465% from here.
As violent the fall, as violent the retracement. Compared to YFI retracement (44k to 7.5k to 32k), it is indeed promising.
YFI show us the way in a sens of the alt season to come.