Crvusdt
Here we are...If we retest this downtrend line and hold it as support, we should continue up to test this crucial $3.65 area. Seems as though we’ve actually broken the handle this time so let’s see how the volume looks. It’s safe to say if we break that next resistance and hold it as support, something big could happen. Good luck everyone.
CRV going to the moonThe figure of a cup with a handle, as well as a squeeze and an ascending triangle.
Entry is possible after retesting the breakout line of the handle (triangle), so you eliminate the risk of a false breakout, but you will not get the best price, or you can place an order at the level and immediately open a long trade in the event of a breakdown of the resistance level, meanwhile, but I will open a trade only after a breakout of the level occurs, and the price on the watch will fix behind it.
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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.
I honestly love this chartWhen Curve DAO is able to use this Gold trend line as support, the price action has played out very bullish. However, if we retest it again soon and break down, we should look for support around the black trend line in the blue level which has been recent support. If we should above it though, my price target it around $6.
CRV/USD - Under resistance. Breakout possible to $5.7!CRV has moved very nice in the past few days, now reaching a key resistance level at $3.7.
Once we clear that resistance CRV will have a clear path to $5.7.
MACD on daily is bullish, with a nice expanding MACD on the positive side and RSI is also moving higher. The only thing we lack is a bit more volume.
However, do not jump now into CRV, best to wait to see how price reacts at $3.6 level. If we clear this level, we're good to go much higher.
Bias remains bullish. Enjoy the profits.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!