CRV/USDT : Possible rejection as it's approached the range's lowHello everyone 😃
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$CRV has reached the higher range's low and has swept above the last high.
Also, It has formed a swing high now and could be a good entry to locate our Shorts with a stop-loss above the higher highs...
However, If we get caught on SL, Then it's more likely for $CRV to have one more bound into the range's high and sweep out the higher swing highs.
In terms of that; I might look for $CRV's Short again!
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@Helical_Trades
CRVUSD
CRVUSD completed the Inverted Head and Shoulders. Buy.Curve Dao Token (CRVUSD) is on a three day bullish streak, attempting to make contact again with the 1D MA50 (blue trend-line). Even though the short-term outlook in the past week has been bearish, we have a series of strong reasons to expect a bullish break-out in the coming days.
First and foremost, the price with the current rise seems to have completed an Inverted Head and Shoulders pattern (IH&S). The current Resistance is around 1.6120 and a break above should be considered as a bullish break-out signal targeting the 2.0 Fibonacci extension at 4.8190 on the long-term. As the chart shows, it is highly likely that this Resistance test will take place at the same time as a 1D MA200 (orange trend-line) test, which is intact since February 10 2022.
Secondly, the 1D MA50 has made a Bullish Cross with the 1D MA100 (green trend-line) for the first time since September 04 2021. At the time, that was an early buy signal into the big rally in the second half of 2021. At the same time, the MACD on the 1W time-frame has been on a Bullish Cross as well, for the first time since August 31 2021.
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CRV triangle breakout 2 📐Curve DAO Token is trying to break this triangle 📐 up and if it will make it I think there is chance for run to 1.755 and even higher. Let's see whether the white local uptrendline is going to boost the price. Setting BUY STOP-LIMIT order to last swing high to catch the breakout.
ENTRY : local high @ 1.474
STOPLOSS (SL) : local low @ 1.335
TARGET (TP) : height of the triangle projected from midpoint of the previous range (PREVIOUS RANGE HIGH - STOPLOSS) @ 1.755
REWARD RISK RATIO (RRR) : 2
INVALIDATION : when SL level hit
See below my previous CRV triangle breakout setup and how the TP2 actually was the top:
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
CRV hit ATL and now approaches top of channel!Ill keep this one nice and simple.
CRV hit an all time low recently. it did this while following its downward channel to a T.
What i believe is important to note, is the new resistance level created by breaking a new low. More importantly, CRV is currently testing that resistance level while simultaneously hitting the upper limits of the channel it has been following!!
due to the unique nature of this situation, i will not be immediately looking for a short. But if theres a strong bounce off resistance, i will be entering short and looking to TP at the next ATL.
On the other hand. CRV just made an all time low!!! if its going to break the channel and find some room to breath; that time is now.
a break through resistance with little pullback, and ill be taking a long position into the next resistance level (unmarked, sorry)
CRV Coin where are you going ?
CRV recently rejected from the strong resistance level of $1.50 - $1.59. Currently, market structure is looking bullish and might take support from the uptrend line. There's also a possibility that price below drop till the strong zone at $1.04 - $1.10. You can Split buy at these levels.
CRV local short. Forecast!▪️ Deadline for the deal is 7 days. The asset formed an upward channel, and there was also a big movement from $1.1 to $1.5. The indicator is overloaded (marked on the chart) We are at the upper border of the channel, I expect an early correction to the lower border, carefully watch the chart!
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CRV/USD - Curve about to break from the downtrend! 🚀With another push CRV can leave the downtrend represented by the resistance line at $1.4.
This 3-day chart looks quite bullish in my book, but the resistance is still firm into place.
However, the momentum favors bulls right now and should BTC not crash the whole market, strong alts like CRV are posed to have a stellar recovery.
MACD, RSI and OBV indicators are all bullish. Volume is rather flat, but buyers are in control so far.
Bias is bullish on this price action and expect some significant fireworks in the next few days. All eyes will be on $1.9 resistance if CRV breaks away.
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CRV - Selling SignalBYBIT:CRVUSDT
4 Hours trend chart
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CRV cannot be supported from the uptrend anymore, also forms a small double top here.
We can plan a strategy to short at the broken candle, which closed point is 0.992, and set target/stop as below.
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Targets:
1) $0.962~$0.953
2) $0.932
3) $0.9
Stop:
1) $1.034
CURVE double bottom 📖💡🚀 Hello 🐋
Based on the chart after a long time, correction to the downside these days we have appropriate amount of volume, or we can say new volume for the price and the price is close to the major support and shape the double bottom pattern ✔️
if
the price breaks the major resistance or better to say the round number$1 to the upside and stays above this level, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
MY MINIMALIST CHART ANALYSIS FOR $CRVCURVE
On a Daily Chart
04.24..22
0518H +8 SINGAPORE
The Market is going back to the ENTRY Zone of Interest.
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.
ALERT:
Entries on the 1.8-2.2 Zone for me.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy.
1. RSI 59: still mid-high
2. STOCHS 79/72: on the HIGH
3. Volume is on the BUY side and supply is a bit low. Still have to see a spike in selling for BUYERS to really get in.
4. Downtrend went beyond the FIB 0.618 Reverssal area, so we expect it to go down further to 1.
5. Capitulation: Looking at this as a strong area for BUYERS.
6. We can expect it to push further down to the 1.1-1.8 zones. This is at the bottom of the brown minor and blue major box.
7. Expecting ave. 74% gains on the First Partial Exit - Area of Value.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
Looking back since the beginning of the year,
the Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE.
Charts are created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
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CRV Potential of a riseCRV broke down from a long-term rising channel and has reached the measured move of that channel at 1.18$.
The RSI has build some bullish divergences and is now testing the descending trendline.
The current price action is bound to descending channel. If the RSI breakout, price will potentially test the resistance of the channel at 2.11$.
Breakout of the descending channel has a measured move to 3.35$.
This assuming that the market turns bullish and BTC.d drops.