CRV IS HIGHLY BULLISH IN WEEKLY TIMEFRAMECRV again retesting its major trendline again. Strong bullish wave is expected if we fixed above it. If trendline lost, we can test the bottom again.
CRVUSDC
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:
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
CrvusdtIt has formed an inverted head and shoulder
It has broken the downtrend line
Its a good time to buy
