🌈CRV- testing major support, get readyCRV just recently broke above the area of heavy resistance and is now testing it as a support. The price got rejected from 5.46 level, which actually can be treated as "more reliable" ATH because it is the only clear resistance we can identify, except for the one from the initial pump, when the coin was first listed. You can of course argue with this theory, it's just my approach. Following this assumption, this is the last level to claim. Please remember, that if BTC is going to resume its run (and it looks like it is) most altcoins will either dump or go into standby mode. In case current area doesn't hold, we can expect the price to find support at either 3.15(local level) or 2.68(macro support)
Entry: average buy from current price (4.40) down to key level (3.53)
Targets:
TP1: 5.44
TP2: 6.89
TP3: 10.50
TP4: 14.11
TP5: 16.35
TP6: 23.20 (~500%)
TP7: OPEN++
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About CRV:
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.
Source: coinmarketcap
Crvusdt
CRVOn the right, 4H chart:
- shows a demand area as price stayed above the support.
On the left, Daily/Weekly/Monthly chart:
- yellow for monthly.
- white for daily.
R+WR = the monthly resistance match with weekly resistance.
Notes:
- The pattern on daily frame which means need to have daily candle to close above.
- on the right there is a long opportunity because the price on the support and demand area.
CRVUSDT Ready to Start the MoveThis is another asset I have been talking about to my followers. I have been watching the consolidation closely and it looks like it is ready to start moving soon. This asset is great because it has an overall large target and a long year and some change basing pattern that has formed. I have put the first target on the chart but I expect this to really move when things get going. The target comes from the flagging pattern.
Thanks again everyone.
Tomorrow I will pick another asset I think will be great. Maybe KDA. I am still deciding. Cheers!
CRV Q1'22 Technical PT: $15 - $19Getting some comments about a PT for Curve, based on the bottom I called in 2 Related Ideas (See below).
Because of where we are in the BTC 4-year cycle (i.e the bullish climax), I believe the 3rd wave will likely have an extended move between the 3.618 and 4.618 fibs, rather than a more traditional 1.618. That indicates a price range between $15.26 and $19.14.
Also indicating a -70% drop sometime in late Q1 / early Q2. These targets are vague given how PA is just starting out. Will refine as PA matures.
CRVUSDT expecting 60%Currently token in accumulation stage for further impulse.
Similar to Uniswap, Curve Finance is an Automated Market Maker (AMM) based Decentralised Exchange (DEX). Unlike Uniswap, its main focus is only to swap between assets that are supposed to have the same value.
CRV COINBASE:CRVUSD
BINANCE:CRVUSDT
Curve DAO Token on the day
On the Week.. even though there is little data to be found in this chart, I am extracting an Ascending Triangle/W pattern from what is available. If the bulls price further up here, the target price will be towards $8.5 dollars.
On the day It is therefore important for the bulls to hold their ground above the red resistance line and thus show that we want to continue trading. If the Taurus doesn't hold it and there is reason to cool down then a drop towards $3.2 could lead to the creation of a Handle and a Cup n Handle formation to become visible. If we drop further and stay within 50%, I would still consider that valid.
Keep calm, trade safe and manage your risk.
(no Financial advise)
Curve DAO Token on the weekOn the Week.. even though there is little data to be found in this chart, I am extracting an Ascending Triangle/W pattern from what is available. If the bulls keep the price at this zone the bulls can go further up from here, the target price will be towards $8.5 dollars.
On the day:
It is therefore important for the bulls to hold their ground above the red resistance line and thus show that we want to continue trading. If the Taurus doesn't hold it and there is reason to cool down then a drop towards $3.2 could lead to the creation of a Handle and a Cup n Handle formation to become visible. If we drop further and stay within 50%, I would still consider that valid.
Keep calm, trade safe and manage your risk.
(no Financial advise)
CRVUSDT Technical Analysis⏳ Spot
💎 CRVUSDT has been moving up along the ascending channel, After breaking above the wedge pattern it has gone for the retest, After the retest it should continue the Bullish move, If ot breaks below the channel it will go lower
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 4.750 - 0.4040
☕️ TP1 5.060
🍺 TP2 5.500
🍻 TP3 6.075
🍾 TP4 6.540
🍷 TP5 7.000
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 4.500
Good Luck 🎲
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CRVUSDT - Time to Buy?BYBIT:CRVUSDT
1H trend chart
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CRV just broke out the triangle in 1H chart.
If price can keep standing here, trading strategy as below.
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Profit Targets:
a) 5.500----Fib(1)
b) 5.899~6.060----Fib(1.272~1.382)
c) 6.407----Fib(1.618)
Stop losses:
a) 4.551-----Red horizontal ray
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CRV 1D Rising to $8.5 is realWe used to publish a pretty good series of ideas for the CRVUSDT couple
If you want, you can browse them in our ideas with our search.
Today, let's look again what kind of the future movements of the price of CRVUSD
The other day, the price of CRV broke the trendline, under which it had been trading for over a year. Today the price of the Curve token has almost reached the 6$ , which we mentioned in the previous idea.
At the moment we would like to see the retest of this black trend from the top near $3 and there the buyers must show force there, that they will not let the price go lower.
If this condition is met, it will be possible to aim for the continuation of the growth of the price of CRVUSDT in the future with a global target of $8.5
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CRV : Time To LONG ?It looks like it's time to buy.
The trend line is broken.
Fibonacci 61.8 and Volume Trend and Low Trend of our channel are identified as support areas.
If the movement starts, we expect the price to continue moving to the specified area.
But :
We have to wait for the pullback and start moving to be sure.
And make sure the broken surfaces are supported.
ICPUSDT If you compare SHIBA, CRV, and ICP, you will realize that all of them have the same chart and pattern. So far, CRV has made %76 profit for us. I highly recommend that you hold CRV and ICP for a longer period of time. It takes patience and needs time to make profit. As a piece of advice, whenever you are in profit, you can take your profit and enjoy. Follow for more. Cheers!