CRV 12h Harmonious growth needs short-term rollbackFor two months we did not update the CRVUSDT idea. It was a period of a long coin consolidation.
And now it's time to work out targets from the previous idea.
Growth in the CRVUSD pair looks natural and harmonious, because after a long consolidation, buyers began to drive the price up, without any artificial and intriguing news.
Now the CRV price has approached the liquidity zone, in which there was a hitch in September, before moving further behind the trend.
Therefore, even now we think that it's impossible to pass this zone up for the first time.
In order to gain strength for further upward movement, buyers need to retreat a little and let the price rollback.
It is likely that the next upward attack will begin after a rollback to the level $1.05.
The next target from above is the level $2.20.
In case of strong bullish sentiment, this is the level of $3.90.
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Crvusdt
CRV/USD - Major breakout! $1.6 nextCRV has done a huge push in the past 48h at around 50% gains. Moreover, we broke an important resistance line at around $0.90 cents.
What this means is that we're clear to go much higher and we also re-tested the $0.9 resistance which turned support on the 4h. This is very bullish.
I expect CRV to do an excellent run in the next few weeks and by February we should be much higher.
MACD is also looking good, showing we are at the start of this move and the weekly RSI is barely getting back up from oversold area. We have much to grow.
A great potential for gains, especially if you entered under $0.90.
Like and follow if you liked this idea.
Top 4 ALTCOINS that retested on the last BTC dumpWe can say that todays dump made some of us sweat a bit.
Last week we had a lot of altcoins breakout. They were for most on the 4h and daily time frame.
Wich means it takes a bit of time to develop.
Today the king made them retest in a big way. And they held the trend!
Here is my top 4 of altcoins that broke out and retested AND are ready to fly.
IF it holds, IF the king doesnt continue down, IF god is with us!
Trade safe, tight SL.
CRV - CURVE FINANCE - stable coin swap liquidity pool for banks?www.coingecko.com
Its up there on volume. Has apparently good swap costs compared to the other big guys.
The question is in the title, will banks eventually use these stable coin swap liquidity pools in their back end capital movements?
Eventually they will be running with and/or on crypto networks, public and private, using stable coins in exciting new financial instruments... so maybe they will use these tools. IF so, and this one remains secure, it could rebound. HARD.
This one is right at the top of the "FROM ATH" list in the >10M market cap list.
>50x sound nice?
Yeh
CRVUSDT Fib resistance arcs 15min I worked on the 15 min to trace out the fib resistance arcs, and retracement levels.
This ascending channel has a strong potential of breakout after a healthy retest as shown below.
Those ascending arcs I have drawn all follow the breakout points on the resistance arcs, and it has been following them quite well now.
I haven't put them here because it's a chaotic mess, instead I just traced out the arcs for you.
RSI seems to be agreeing with me here, and let's hope I am right.
CRVUSDT(Descending Channel Breakout)#CRVSDT (Day chart) Technical Analysis Update
Descending Channel Breakout
CRV/USDT currently trading at $0.70
Long Entry-level: $0.60 TO $0.70
STOP LOSS: below 0.55
Target 1: $0.925
Target 2: $1.20
Target 3: $1.55
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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