Crvusdt
CRV/USDT ChartHi, I try to post often so if could follow and like it would mean a lot to me.
As according to plan market is slowly bleeding to support zones (I talked about this in my previous ideas), and coins like LUNA, AVAX and SOL are having a proper correction. Bullish coins like FTM and ATOM are also getting affected.
CRV and other alts (this analysis serves for a lot of Alts like MATIC and the above) are finally getting to support and things are not looking good right now.
If we close below the 4.67$ I am very bearish and I think that we will correct to 4.10$. However if we stay above to that support level we will have a little bounce before BTC gets to their support zone (40K) and drag all altcoins to the red zone. Comment what you think.
CRV/USDT : Thinking about another buy options...BINANCE:CRVUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#CRV gave us 45% in our last call on the movement and now I'm scouting a new opportunity to have more advantage with our beast..
But firstly I want to point some of the important areas of interest,
- Firstly it's important for us to have negative re-action on the $5.8's S/R zone.
- On 2nd phase; We can search for possible LONG entries on lower S/R zone at $4.6, But it needs to be closed after any breakdown confirmation below the entry zone !
- In any chance of retest on $3.75; We could have the possibility to enter a LONG on #CRV and hold our position till $6.9 with 6.3RR.
Also it can be held for +$7.5 at my maximum price target, Which will gave us this possibility to raise our Risk/Reward from 6.3 to 7.6 !!
🔴 There are two terms of invalidation:
- Break below $ 3.225's support line after reaching the entry.
- Break above $5.8's S/R zone before reaching the entry.
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@Helical_Trades
CRV (Curve DAO) Token Analysis 31/05/2021we are holding Positions on this Token from this Point:
we have defined 2 Paths for Scaling IN and OUT:
Fundamentals:
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.
In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.
Curve has gained considerable attention by following its remit as an AMM specifically for stablecoin trading.
The launch of the DAO and CRV token brought in further profitability, given CRV’s use for governance, as it is awarded to users based on liquidity commitment and length of ownership.
The explosion in DeFi trading has ensured Curve’s longevity, with AMMs turning over huge amounts of liquidity and associated user profits.
As such, Curve caters to anyone involved in DeFi activities such as yield farming and liquidity mining, as well as those looking to maximize returns without risk by holding notionally non-volatile stablecoins.
The platform makes money by charging a modest fee which is paid to liquidity providers.
Curve carries the standard risks associated with depositing funds in smart contracts and dealing with AMMs, namely impermanent loss.
As Curve only supports stablecoins, the risk of markets moving too quickly is reduced, but users can still lose money once markets are rebalanced to reflect cross-market prices.
Curve has been audited, but this does not do anything to counter the risks involved in being exposed to a specific cryptocurrency.
The founder and CEO of Curve is Michael Egorov, a Russian scientist who has various experience with cryptocurrency-related enterprises.
In 2015, he co-founded and became CTO of NuCypher, a cryptocurrency business building privacy-preserving infrastructure and protocols.
Egorov is also the founder of decentralized bank and loans network LoanCoin.
Curve’s regular team is part of the CRV allocation structure, and will receive tokens according to a two-year vesting schedule as part of the initial launch plan.
In August 2020, Egorov said that he “overreacted” by locking up a large amount of CRV tokens as a response to yearn.finance’s voting power, awarding himself 71% of governance in the process.
Curve (CRV) launched in August 2020, along with the Curve DAO. Its purpose is to function as a governance medium, incentive structure and fee payment method, along with long-term earnings method for liquidity providers.
The total CRV supply is 3.03 billion tokens, the majority of which (62%) are distributed to liquidity providers. The remainder is divided as follows: 30% to shareholders, 3% to employees and 5% to a community reserve. The shareholder and employee allocations come with a two-year vesting schedule.
CRV had no premine, and the gradual unlocking of tokens means that around 750 million should be in circulation one year after launch.
he live Curve DAO Token price today is $1.76 USD with a 24-hour trading volume of $156,254,939 USD. Curve DAO Token is up 1.73% in the last 24 hours. The current CoinMarketCap ranking is #101, with a live market cap of $646,590,324 USD. It has a circulating supply of 366,466,815 CRV coins and a max. supply of 3,303,030,299 CRV coins.
Technical Analysis:
the current Market fall caused CRV to Fall at its 78.6% Level of Fibonacci Retracement and it has already showed some good support.
there are high chances that the Price start its new Rally and shoot for the Higher Targets soon after some reaccumulation on this zone.
the Reaccumulation may take some time and we can see some renege Bounding at this area but it will ultimately go for the Specified targets even after some more retracement to the lower level.
we can see a hidden Bullish Divergence with MACD which is the sign of bullish trend Continuation.
the Targets are defined by the Fibonacci projection of the Impulsive wave followed by its Lowest point of retracement till date.
Curve DAO Token (CRV) Analysis 07/03/2021earlier we have analyzed this token by Price Action Techniques and we capitalized on it,
now we are updating it...
we are opening new position on it again and there are total of 3 TPs specified by Fibonacci Projections.
the 1 Tp is the Immediate one and very easy to achieve,
we get the 3 TP confirmation, if the 2TP gets triggered by one impulsive wave and some retracement or price correction.
we can trill our stop loss after the 8 USD birched.
CRV/USDT Technical View Bullish or Bearish..?#CRV/USDT TA Update:-
$CRV currently trading at $6
Now strong support $5.80 is key level.
If hold This support then we can See bullish upward move toward $10
But If failed to hold support $4.80 then we can see $$4.6 and $3.85
Don’t enter without any confirmations.
Support:- $5.80
Resistance:- $6.85
CRV short thoughtwithin the last 2 months when crv touched 95.00 on the BBsentiment it fell to 50ma (currently between $4.5 and $5) - within the same 2 month period, according to fisher, it has succumb 75% of the time to 1.46 which the fisher and trigger are currently curling at - it also bumped its head at 80 on the rsi - as well as the 4 contributions to a bearish diversion
BITCOIN 6H TA : 01.04.22 : $BTCThe Last Analysis is Still Valid ... Which was :
In the 6-hour time frame, we see that the price is still trading in the neutral range, but last night the monthly candle did not close in good condition , but again, if we want to be 1% optimistic, we can say that the Close of the monthly candle was higher than the Open of October candle. Also, it is better not to prejudge the market and wait for a strong breakout (either from below or from above) until the price is out of the neutral range.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 01.04.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
CRV triangle breakout 📐Curve broke up this triangle and I think there is chance for run to 7.55 and even higher. Setting BUY LIMIT order to catch the pullback. CRV come on!
ENTRY : local high @ 4.091
STOPLOSS (SL) : local low @ 3.705
TARGETS (TP) : TP1 - resistance @ 5.3 | TP2 - resistance @ 6.7 | TP3 - height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 7.55
RRR : TP1 - 3.1 | TP2 - 6.7 | TP3 - 9
INVALIDATION : when SL level hit
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.
CRVUSDT-SHORTBased on technical factors there is a short position in CRVUSDT Curve DAO Token
CRVUSDT Curve DAO Token
Score 1️⃣
🔴Short Now or set on Key Level 5.990
🟢Target 1 5.680
🟢Target 2 5.360
❌Stop loss 6.100
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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Cup & Handle Spotted !Cup & handle Breakout above $6.00
MACD still bullish looking.
based on Cup and Handle BO price projection , Next TP level is $8.50
_Please be informed that our analysis is based on historical DATA to predict/forecast upcoming movement, our bias may change due to market conditions. _
Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your Own Due Diligence