CRV / USD (Curve DAO Token) Main trend. The Dragon. A cup.The main trend of this coin. The coin appeared in September 2020. At the moment, there is a pronounced uptrend. The classic Dragon formation has worked.
At this time, a local cup with a base of 100% has formed. The price is at her resistance. The first local target in the event of a breakout of the 3.5 level (yellow level) is the development of the targets of this formation, similarly, at about 100%.
This level of 3.5 is a very important resistance. A breakthrough of it and fixing the price above it will give further development of the trend. If the trend develops further, then the goals are impressive ....
But, it should be remembered that at the moment the coin, especially in the pair to USD from the reversal zone of the secondary trend, is at the "XXX". Therefore, you need to trade carefully and in compliance with risk management. In cases where this important resistance is not broken, the potential for short work opens. Key levels are shown on the chart.
In the pair to CRV / BTC, an upward channel has formed with a potential for resistance of about 150%. At the moment, the price is at the bottom of it.
Perhaps this coin with the name of a not good woman will please everyone with a big profit. But, it should be remembered that you should not mess with CURVE and similar temporary creations for a long time, otherwise this word will often erupt from your lips.
