4h time frame - 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
2h time frame - CRV is making a continuation structure of the pumping wave(0.464~0.544), here is a potential divergence triangle structure. If CRV accumulate pumping momentum from this zone, then we can expect it to take the upside. TP: 0.577~0.594 / 0.62 SL: 0.501
*** *** For this particular analysis on the Curve DAO token we are using the CRVUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where CRV has been trading within a long-term Falling Wedge pattern. At the moment, it is rising following the (near) 1D MA50 (blue trend-line) rejection, looking like a Bull Flag , similar to that of...
*** *** For this particular analysis on the Curve DAO token we are using the CRVUSDT symbol on the OKX exchange . *** *** The idea is on the 1D time-frame where CRV has been trading within a long-term Falling Wedge pattern. At the moment, following the (near) 1D MA50 (blue trend-line) rejection, the price is posting a Bull Flag, similar to that of July 08...