CRVUSDT Out of accumulation with good volume? 🏋️♀️Hello Traders. I hope you are doing great.
Today I want to talk about CRV. In 4H timeframe, price has managed to break out of the accumulation an is making a pullback to it. In my opinion it is
a good place to enter in the purple support area. The green area is a resistance area which you can take profit at. Stop loss can be if 4H candle closes
below the purple support.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
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Crvusdtlong
CRV +175 before July ... don't miss this sale !!okay firstly let me tell u s.th regarding the bearish waves based on my previous experience from 2017, it maybe the end of the bull run but for certain coins.
If u did some serious investigations on old alt in 2017 bull run u will realize that there was some coins which made its ATH after the btc and whole market corrected and when they said " BULL RUN ENDED FOR 2017 "
so what I would like to say even if in a bearish market u will find opportunities and high potential ones, but it is all about your beliefs..
coins such what ?? coins like eth - bnb - ltc - crv and others which have fundamentally strong base but all the modern alt will bleed I believe like dent and others
BTC.D will reach 40% n 30% then the bull run will be ended completely we can say
don't ever panic sell of losing money, u can sell but in case supports broken for example and u preferred to buy more in dip and always risk only with yours proits in such situation where every thing is not cleared yet
✅ Buy: 2.40 - 2.63 ✅
🎯TARGETS:
1- $4.52
2- $5.40
3- $6.97 (leave 75% till that point)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): 4hr candle close below 2.02
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CRV vs USD & CRV vs BTC - good to have in portfolio😉Hello! CRV (doesn't matter in USD or BTC) formed CUP & HANDLE pattern!
It is worth considering the following when detecting cup and handle patterns:
Length: Generally, cups with longer and more "U" shaped bottoms provide a stronger signal. Avoid cups with a sharp "V" bottoms.
Depth: Ideally, the cup should not be overly deep. Avoid handles that are overly deep also, as handles should form in the top half of the cup pattern.
Volume: Volume should decrease as prices decline and remain lower than average in the base of the bowl; it should then increase when the stock begins to make its move higher, back up to test the previous high.
A retest of previous resistance is not required to touch or come within several ticks of the old high; however, the further the top of the handle is away from the highs, the more significant the breakout needs to be.
KEY TAKEAWAYS
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
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CRV To The Moon! - Fibonacci AnalysisCRV looking good! It bounced back of strong support and heading North.
Entry Zone: $2.80 - $3.20
Take Profit #1 $4.40
Take Profit #2 $4.60
Take Profit #3 $5.10
Disclaimer: This is not a financial advice. This information does not provide individually tailored investment advice and does not take anyone’s circumstances into consideration when discussing investments, nor am I registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any cryptocurrency.
CRV - welcome to summer levels? vol 2It's less than an hour for the daily candle to close and we can see that it has broken the Fibonacci resistance level 1, about $ 3.50.
If in this daily view the apparently bullish movement that we appreciate consolidates, we will consider the new resistance zone between $ 5 and $ 5.50 (mark 1.618 Fib), matching the previous highs back in September of last year.
In the event of a downward correction, the levels to be taken into account are reflected here.
Thanks again
CRVUSDTCRV just entered a very strong resistance area but the volume on the market shows that it might have a chance of touching higher targets.
In that case we can open long positions and wait for those 2 TP areas (as shown on chart).
Wait for the closure of a 4H candle above the resistance and then once its confirmed, open your positions.
Be careful about it tho, it's a very strong resistance.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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$CRV - HTF Long Setup (1/2D)Evident CRV started at high prices and sold off, found a bottom and is now pushing up those initial higher prices
Using the 1D chart we can derive the cap of the market is the SR block of $3.6-$3.1 - mid and late August 2020
One we clear this which lines up with the deviation level on the LTF setup there isn't really any resistances, similar to XRP above $1.1
The flat top triangle is pretty clean - equal highs and higher lows, should be an explosive move upwards once flipped
Targets would be 1D SR's of $5.3, $6.9 and and the measure move target of $6.2
$CRV - LTF Long Setup (2H)$CRV fundamentals are solid here, DeFi etc.
Chart is strong
Micro range, deviation beneath (stop hunt), push above, retest and a good push to the upside
We have also formed a smaller bullflag in this micro range, bullish accumulation under the resistance of 3.4-3.5
Strong reclaims of mids, break and retest of flag and deviation level marked will all be solid entries as the 1D chart has us pointing even higher!
Targets for this LTF setup are 4 and 4.7 dollars
Check my next post for the 1D setup, adds to bullish confluence!
CRV/USDT Double Cup-Handle FormationIn the CRV/USDT daily chart, huge cup and handle formation supported by strong trendline and small cup and handle formation. Stoch RSI is oversold. Price accumulate at 2.9 USD level. After 3.38 broken with valid volume, price can follow the cup-handle formation targets. Not a financial advice, it is published for follow-up. Thanks.
CRVUSD: "CUP" has formed, awaiting for "HANDLE" to confirmAs we can see in the 1D Chart, CRV is forming a handle right now and if we are able to break out the white line, our next potential target might hit 5 (only when the candle have successfully broke and stay above the white line)
Looks promising, so you might want to put this in your watchlist and pay attention to the 1H, 4H & 1D Chart.
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Trade wisely folks.
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.