CRV / USDT - Bullish Momentum ContinuationTechnical Analysis:
Retest of Previous High: price has recently undergone a successful retest of its previous high, indicating a robust support level that could contribute to a sustained bullish trend.
200 Moving Average Breakout: The 200-day moving average has been convincingly breached, signaling a potential shift in the trend and attracting bullish sentiment.
Price Action and Trend Analysis:
The retest of the previous high coupled with the breakout above the 200-day moving average suggests a favorable environment for further upward movement.
Target:
Target: $0.7910
Risk Management:
As with any trade, consider implementing risk management strategies. Set stop-loss orders to protect your position in case of unexpected market movements.
Crvusdt
CRV/USDT Back to try breakout or break down the ascending ??💎 CRV has been a major point of focus in the market, recently facing a tough rejection upon reaching the supply area. Observing CRV's movement within an ascending or bullish channel, it's clear that a recovery is needed for CRV to attempt another breakout of the supply area. Successfully achieving this could probability CRV towards our target in the strong resistance area.
💎 However, if CRV trends downwards and reaches the support trendline of the ascending channel, a robust bounce from this level is crucial to maintain the bullish trend. Failure to sustain its position at the support trendline and a potential breakdown of the pattern would indicate a shift to a bearish stance, suggesting a readiness for a downward move towards the support area.
💎 At the support level, it's essential for CRV to demonstrate a strong rebound and attempt to re-enter the ascending channel pattern. If CRV only consolidates at the support over a few days without a significant bounce, it could signal a continued downward trend, leading to a break of the support and moving towards the demand area.
CRV#CRV HTF
If looking at W chart - the price high probably will come to one of the strongest resistance levels - 0.8083$
Which in my opinion will not be that easy to break from the 1st time. So some rejection we may see.
Any pull back till orange box zone is a good chance to buy the coin. Or look for another long positions.
Because I expect another bounce from there and this time the coin probably breaks through the resistance and towards to another strong level at 1.2$ (n.1)
Where bear reaction is possible. (n.2)
If #CRV manages to close with the W body candle above 1.2$ then most probably the zone between 1.2 and 1.39$ will be consolidation zone for another moves.
If the market by that time will be Positive, we may expect uptrend continuation towards to 1.87$ etc…
If the market turns out bearish, then the coin will dump back..
Low strength in bullish trendDue to the low power of buyers, I think we will have a short-term downward trend
The price of 35.5-37k is a good range to buy and it will probably be the last chance to enter.
Below I will mention some attractive altcoins for you
Fil , BTT , ENJ , OMG , SXP , ONE are high risk coins
TRX , ADA , AVX , ALGO , CRV , SOL are stable
🌟🔍 CRV's Potential Breakout 📈🔐
🔻 CRV in a Falling Wedge: CRV (Curve DAO Token) seems to be in a falling wedge on the weekly timeframe, but the pattern isn't entirely certain due to the shortness of the preceding wave.
🔺 Expanding Triangle in Shorter Timeframes: In the 4-hour and daily timeframes, CRV is moving in an upward expanding triangle (I will update the analysis with this pattern soon).
📈 162% Move Possibility: A 162% upward movement for CRV can be envisioned after breaking the trend line and the resistance at $0.6456.
🚦 Strategy Recommendation: The best approach seems to be waiting for the breakout of the trend and the $0.6456 trigger.
🔍 Volume and Candle Analysis: Currently, the volume doesn't confirm the movement trend, and the candles don't strongly indicate buyer presence.
🔔 Set Alerts: Definitely set alerts if you're interested in buying CRV.
🛑 Stop Loss Consideration: Though it seems large, the best stop loss might be below $0.4185, which is close to a 40% risk.
📈 Futures Trading: For futures, consider taking a long position after $0.6456 with a stop loss set in the 4-hour timeframe.
📉 In Case of Market Downturn: If the market drops, the yellow box will represent the new accumulation zone.
🔝 Confirming New Primary Uptrend: To confirm the start of a new primary uptrend, we need to wait for CRV to reach $1.4554.
🔑 Related Categories:
Pattern Analysis
Resistance and Support
Volume Analysis
Do you see a breakout in CRV's future? Share your thoughts and strategies! 💬🌐 #CRVToken #CryptoAnalysis #TradeCityPro
📚 Remember: Investing in cryptocurrencies involves high risk. Always do your own research and consider your risk tolerance before investing! 🧠💼
CRV ANALYSIS🔮 #CRV Analysis 💰💰
🌟🚀 After the breakout of trendline #CRV is sustaining above the support zone. And if #CRV closes above $6200 then we will see a bullish move. 🚀🚀
🔖 Current Price: $0.5866
⏳️ Target Price: $1.1175
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #CRV. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#CRV #Cryptocurrency #DYOR #Breakout
Long signal for profit by CRVForecast for a long CRV position for a good profit
Entry into the position at the level 0.63 -0.59. This can bring you great profit. I place a limit order. I set up the chart and indicators. I follow the movement of the crypto market and will publish further instructions as exchange prices for cryptocurrencies change.
crvIn the lower time, we have a red resistance box that we must check the reaction to. As long as the green support box is not broken in the first step, the red box can be used to reach the specified numbers, if the green box If it is broken, it is considered as a resistance, and until it does not break upwards, the next green numbers can be checked as support points. We can wait for a growth.
CRV Curve DAO Price TargetIf you haven`t sold CRV here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is CRV Curve DAO .
I've set a short-term price target for CRV Curve DAO at $0.44.
Looking forward to read your opinion about it!
CRV target 0.8512h time frame
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CRV is creating a double bottom in this falling wedge structure, and retesting this support of double bottom currently. According to two support - uptrend line and double bottom, CRV is performing a strong sign, which has big probability to reach the resistance from the wedge top (~0.85), also we can set SL based on the 0.382 Fibonacci Projection.
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TP: 0.7 / 0.85
SL: 0.49
CRV/USDT What's the next move ? Break the resistance or Fails💎 CRV has undeniably attracted significant attention in the market. Presently, CRV is undergoing consolidation in the demand area, previously identified as a supply zone. The movement of CRV is forming a symmetrical triangle pattern.
💎 If CRV successfully breaks the resistance pattern of the symmetrical triangle, there's a likelihood of continued upward movement toward the resistance area. Breaking the crucial resistance area at $0.657 is essential for further upward momentum, potentially reaching our target supply area.
💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, CRV fails to maintain its position and undergoes a breakdown. In such a case, CRV may revert to the next lower demand area, necessitating a bounce to reclaim the demand before considering further upward or downward movement toward the next lower demand level of $0.46.
CRV/USDT Insights into Recent Rejections ?👀 🚀 💎 CRVUSDT has recently faced rejection at a supply level but is now regaining momentum, indicating a strong likelihood of surpassing this level and initiating a bullish trend
💎 In a previous instance, CRV successfully breached the supply at .5465, initiating an upward trajectory. Presently, encountering resistance at .6534, the cryptocurrency is once again regaining bullish momentum, fueled by the demand zone.
💎 This presents a substantial probability of breaking through the resistance at .6534, overcoming a robust hurdle. Successfully navigating this scenario demands a nuanced comprehension of the intricate relationship between probabilities and mathematical dynamics, providing investors with a lucid perspective on the associated risks and rewards.
💎 Conversely, there exists the possibility that the price may fail to breach the supply level and face rejection. In such a scenario, the plan would involve a bullish continuation from the demand level at .5481. A breach below this level could trigger a significant downward movement, emphasizing the importance of monitoring these critical levels for strategic decision-making.
CRV retested main trendline. Go UP!CRV breaking out on 1D a few days ago. Now it's retested the main trendline and now it's time to go up if BTC doesn't spoil the party.
This trade it takes couple of days or weeks, SL is also indicated. Risk managment is necessary!
This is not a financial advice! I make charts to myself only.
CRV: New DEFI BOOM in 2024?Exciting times are ahead for the decentralized finance (DeFi) space, and Curve DAO Token (CRV) is catching our attention with its bullish stance. The charts are painting a promising picture, and it seems like CRV is gearing up for new highs during the upcoming DeFi boom in 2024. Let's dive into the factors contributing to this bullish outlook. 📈🌐
The CRV Bullish Scenario:
Curve DAO Token (CRV) is exhibiting strong bullish signals, setting the stage for a potential uptrend. As we anticipate the next DeFi boom in 2024, CRV appears well-positioned to capitalize on the renewed interest in decentralized finance.
Technical Indicators:
Chart Patterns: CRV's chart patterns are aligning with traditional bullish formations, suggesting a positive momentum shift.
Volume Analysis: Increased trading volume is often a precursor to significant price movements. CRV's recent uptick in volume is indicative of growing interest and participation.
The DEFI Boom 2024 Catalyst:
The decentralized finance ecosystem is expected to experience another boom in 2024, driven by advancements, new projects, and increasing adoption. CRV, being a key player in the DeFi space, is likely to benefit from this overall market trend.
Anticipating New Highs:
With the convergence of bullish technical indicators and the broader DeFi market narrative, there's a strong case for anticipating new highs in CRV during the upcoming DeFi boom. Traders and investors alike should keep a close eye on developments in the DeFi space and CRV's price action.
Trading Strategy:
Technical Confirmation: Wait for additional technical confirmation, such as a breakout or sustained positive momentum, before entering a position.
Market Awareness: Stay informed about developments in the broader DeFi ecosystem, as they can influence CRV's price trajectory.
Risk Management: Implement sound risk management practices to safeguard your investments, especially in the dynamic and sometimes volatile DeFi market.
Conclusion:
As CRV sets the stage for a potentially bullish cycle, the DeFi boom in 2024 could catapult it to new highs. As always, approach the market with a strategic mindset, adapt to changing conditions, and may your trades be in sync with the rhythm of the crypto market.
❗️Get my 3 crypto trading indicators for FREE! Link below🔑
CRV target 0.74h time frame
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CRV is creating a double bottom structure, and facing the resistance from neckline around 0.55. This bottom structure will be completed if CRV go above the neckline, then target will be set at 0.7, which is also the resistance of long-term downtrend line.
TP: 0.68~0.75
SL: 0.456
CRV Falling wedgeCRV UPDATE: CRV is the chart that catch our attention today…. CRV created a massive falling wedge on daily TF and is looking forward to breakout from the falling wedge resistance…. It also formed double and is currently facing the neckline resistance of the double resistance.
Is good to buy in spot here or long from here to nearest daily resistance….
Follow for more market update
Can message me for trade setup
CRV/USDT Bouncing significant, Ready to Continue Upward Move ??💎 CRV has undeniably caught our eye. It's rebounding after touching the Bullish OB zone. Observing its short-term trend, it remains predominantly bullish, evident from its consistent higher highs and higher lows.
💎 Currently, CRV seems to be forming another higher low within the Bullish OB zone, suggesting potential for further upward trajectory. The immediate target for CRV lies at the supply zone. Should CRV surpass this supply, it would pave a smoother path towards the Bearish OB zone.
💎 On the flip side, if CRV retraces downwards to test the Bearish OB and fails to maintain its position within this zone, there's a risk it might descend further to the key support level.
CRV/USDT 1-Day TF: Bullish Momentum ResurfacesBINANCE:CRVUSDT
CRV/USDT has recently shown renewed bullish momentum on the 1-day timeframe. This suggests that market sentiment is shifting, with bulls gaining control.
It is important to monitor this development closely, as it may present a favorable opportunity for traders and investors.
Traders who are bullish on CRV/USDT may want to consider taking a long position with a stop loss below the recent swing low.
Risk Management
It is important to note that all investments carry risk, and there is no guarantee of profit. It is important to do your own research before making any investment decisions, and to risk only what you can afford to lose.
Disclaimer: This is not financial advice.