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Crvusdt

CRVUSDT Breakout and moves to TargetYet another example of an asset ready to move and helped by a little BTC push upwards. CRV was in a flagging pattern for awhile now and it was only a matter of time before it started to move towards the target. I think it still has a bit more juice in it before it starts to consolidate again before continuation. Once BTC gets going, its should head to the target without issue. This will likely create a small basing pattern and give us another smaller target. Thanks again everyone!
Long
by mysticalwalrus
13
CRVUSDT - Can break out this time?BYBIT:CRVUSDT 4H trend chart - CRV is building a big descending wedge since 10/28 It tried to take out this wedge but failed yesterday. Now it approaches the upper downtrend line again. If price can break out this downtrend line, trading strategy as below. - Profit Targets: a) 4.887~5.027----Fib(1.272~1.382) b) 5.328----Fib(1.618) c) 5.815----Fib(2) Stop losses: a) 4.031-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
CRVUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a daily time frame. Price is fluctuating within a flag pattern. If it can move above the resistance line and stabilize, it can experience a good climb. We wait for the price to fluctuate above the resistance line and then enter the trade to achieve higher targets. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
Long
by MarsSignals
2
CRV - looking very good in this correction timeCurve is a decentralized exchange for stablecoins that uses an automated market maker to manage liquidity. Market Cap of 1,6 billion is just ridiculous for this project. Market Cap/TVL (Total Value Locked) Ratio confirms that with value of just 0.08!! (For example UNI is at 1.31 ratio and 13.6 billion Market Cap) Chart is also looking good. Consolidation after breakout, forming bullish flag, strong bounce from weekly support confirms that buyer stepping in. Short term price target is top of the flag at around 5$. Long term I can see it easily at 10 billion M. Cap. Curve is very undervalued project. Better grab some while it is at just 1,6 billion M. Cap!
Long
by Philippe_0x
1