$CRV - LTF Long Setup (2H)$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!
Curve
CRV cup and handleCRV looks to be another alt showing a cup and handle pattern.
There is still some room for CRV to continue sideways or even downward (as indicated by the wedges with green lines and green dashed lines), but it looks like it is maybe one more alt that could be heading upward out of the cup and handle pattern soon or continue to form into a wedge in the short term.
Logistic curve - explain everythingIn trading cryptocurrency practice, the questions arise such as:
- how to predict how long the crisis or euphoria phase from the arrival of money will be?
- when to expect the next collapse?
- what to do between explicit margin calls?
- what information to rely on and how to weed out irrelevant?
Observing the market and its reaction to the news in the background, including the preparation of the collapse, you can notice that the news alternates: good - bad - good - bad - ... If the news does not carry the size of the apocalypse, they are usually grouped to enhance the impact. The spread of information in society or the growth of a population with certain information can be schematically represented by a logistic curve.
At first, few people are interested in a certain instrument. Investors are afraid of buying it, and its price fluctuates around the origin. At this time, the elite, single-handedly possessing important information, begin to buy it, the price rises slightly. In the next step, the information is shared with a small group of insiders. Individual purchases develop into active buying. The price of the instrument starts growing rapidly. The crowd is perplexed and cannot understand what is the reason. At the third stage, news comes out and investors, fearing don't catch the last train out of town, buy this instrument. At the same time, the “elite” and “confidants” happily sell to them at the maximum price (with joy, because at this time the “elite” has new information that the "elite" took into account, a new logistic curve begins in another instrument or the same, but in reverse, sales begin). The third stage ends when the whole society knows about what's happening. They discuss it on public transport, everyone who could have already made a decision and bought it. There is no one else to sell.
The most important thing is to determine at what stage the price of the asset is now, which you paid attention to, and about which you received some information. To buy some kind of cryptocurrency and remain a holder for the rest of your life is an unattractive prospect. If you buy a cryptocurrency, then either with the ability to receive superprofits, or with the possibility of project growth in the long term, or both. You should decide if there is a bet on the value growth. I will not show complex mathematical calculations, so as not to scare away the reader. Elliott waves can be recognized and applied.
The main thing is not to get into the crowd at stage 3. In fact, if from every possible angle(financial newspapers, news sites, on TV) there is a discussion of an idea, it is no longer news, this crowds of investors are being misled, and this idea should not be used as a defining one for your actions (unless with a different direction, just the opposite).
Best regards EXCAVO
CRVUSD: $6 Soon?!CRVUSD appears to be in the final innings of a cup & handle pattern formation, which suggests that CRVUSD could move to ~$6 in the not so distant future. For this to happen, CRVUSD needs to continue to respect the upward support of the handle and move through $3.50 resistance. That's no small task, but certainly within the realm of possibilities when considering the current trend in the 14-day RSI and how tight the Bollinger bands are getting.
As always, BTC dictates the broader macro trend for the alts. A CRVUSD break out implies that BTCUSD doesn't enter into a downward correction over the next few weeks.
PayPal to Buy Curv Crypto Custody Firm- new high(again) maybe.maybe it can retest the support zone and buy from there.
green- support rejection
black-stop loss breakdown.
no Take profit cause we going andromeda .
not a finnancial advice just bananas . ktnxbye
a bit of a old news but maybe still a factor .
crv usdt looks bullish fantastic buy opportunityLook at CRV ysdt chart 4H chart its sqeezing between these 2 trendlines I believe at 2.00 USD is fantastic buy opportunity 2.00 first is round number and psyhologival level
many many traders put orders with round nuumbers maybe only because they lazy put multiple numbers and for sake of simplicity, then we have fibonacci line very close plus trend line if it breaks upper trendline be ready for big profits 3.00 easy with futures trading 10X its 300% profit!!! This is insane thats why I like crypto with forex you wait years for pair price to increase by 30% with crypto it can happen in days. And technical analysis works exactly same i have feeling even better as in forex. In forex is too many manipulatons but in crypto with smaller coins I have feeling its less manipulated. Odds are very decent for this long. Put SL around 1.9 area
CRV 12h CRVUSDT growth up to $6 is possible if...Yesterday, in the digest "Bitcoin weekend" №11 , you actively voted for CRVUSDT, so whoever did not have time yet, vote for your favorite trading pair, and we will analyze it.
Now, please, for your attention the global analysis of CRV
Let's start with the fact that the previous idea worked exactly and completely. After CRVUSD dropped to the liquid zone, where there was a pre-trade before the growth.
The price moved down in a wedge and is now close to an upward breakout, although the stop should be placed below $1.50 , there is still some room in the wedge for movement.
The first target is above $3, it will show what mood in buyers is, and in general what kind of situation will dominate the crypto market in general.
The mega positive scenario for CRVUSDT is another wave of growth with maximum targets in the region of $5.75-6.30
The negative scenario will activate if we see the weakness of buyers at first around $3, and then if the weakness is confirmed in the liquid zone of $1.80-2.20. In this case, a fall to $0.9 cannot be avoided.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
a Possible noticeable increase in curve. crvusdt Analysis:🌟What is CRV🌟?
CRV is the governance token for Curve.
CRV is used for
1.Voting
2.Locking up to earn voting power and more tokens.
What is Curve?
Curve is a decentralized exchange for stablecoins made up of liquidity pools.
CRV Tokenomics
The Curve DAO is a fork of Aragon voting with a couple of added features like time-weighted voting.
You earn CRV by providing liquidity to any of the pools on Curve.
✅3 reasons why the price of Curve DAO Token (CRV) can grow more than 1000% in future:
Crypto friendly regulations, rising user activity and a recent collaboration with Yearn finance back Curve DAO Token’s recent triple-digit rally.
Over the past two mounths the entire DeFi sector has been in a strong uptrend and many of the top market cap tokens rallied by double and triple-digits. or more..
👉1.Yearn.finance collaboration
The noticeable uptick in trading volume for CRV began on Jan. 14 after Yearn.finance creator, Andre Cronje, tweeted a gif that read:
“Curve.fi presents, in collaboration with Yearn.Finance, permissionless pool creation. Stablecoin pools in 3 clicks. Crv.finance.”
👉2.Crypto friendly regulation creates opportunity for Curve
A second reason CRV has more than tripled since the beginning of 2021 relates to the recent stablecoin announcement from the United States Office of the Comptroller of the Currency.
👉3.Increasing user activity and total value locked boost fundamentals
A key factor in the success of any cryptocurrency project is the engagement of its community. For CRV, this is represented by metrics such as total value locked (TVL) on the platform and the volume of transactions per day.
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✅TECHNICAL ANALYSIS
As we can see in the logarithmic chart above, The current price you see in the weekly timeframe may form a hammer candle that indicates an uptrend. It should fluctuate around $ 2-3 and be in a range area .
although we haven't much data about the past of this currency but with Strong and at the same time with favorable conditions, the support with the support that you see in the green box and towards the goals with yellow, orange and red, respectively, the price targets of $ 6 and $ 23, and then even up to $ 200 or even more with a long-term vision in the future. Grow and although everything depends on the whole conditions of the crypto market.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
[230%] (LONG) CRV / USDTAnalysis :
- Hidden bullish divergence
- On the Kumo
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.
In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.