CRV / TetherUS Positional and Swing trade chanceHi
we are observing this crypto Token since last 100 days and we can see a long consolidation in the pair.
if we observe the same pump in BTC soon we can see that the market dominance will distribute the funds to other sector too and Curve DAO token is also will get a good effect so we shall be having an eye on this token too
please comment your ideas
Curvedaotoken
Optimistic projection for the 4H scenario in CRVUSDTTechnical analysis regarding the price of CURVE DAO TOKEN in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Exponential Moving Averages of 34 and 89 periods taking parallel distance and 34 periods guiding the price at the moment.
RSI <50 but gaining strength
Financial volume may gain momentum and also the MACD with buying mass driving the price.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
🆓Curve DAO Token/USDT Analysis (22/1) #CRV $CRVCRV's way of increasing is quite risky because it is easy to create a strong dump to $2.5 or even $2 zone in this February.
If CRV conquers $3.5 zone, the highest target that we can calculate is $4 zone.
CRV needs more time to create a clearer future
📈BUY
-Buy: 2.5-2.6$. SL B
-Buy: 2.0-2.1$. SL B
📉SELL
-Sell: 3.3-3.5$. SL A
♻️BACK-UP
-Buy: 3.3-3.5$ if A. SL B
-Sell: 4.0-4.2$. SL A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
CRV/USDT - Curve DAO- Incoming pump? Keeping a close eye on CRV after finally bucking the trend and holding new support.
It's only early days but could be flipping bullish (finally)
Next 24 hrs will prove crucial in determining whether we see a surge or further rejection.
A push through indicated levels will see us targeting approx 38% with this position.
Caution advised as BTC continues to create ATH's.
As always not financial advice, just thoughts and TA.
Constructive feedback Welcomed.
Happy Trading.
Bingaz.
End of 60% off going up again..The market reaction to the latest movements was awesome. It crashed at the speed of light and started to recover at almost the same speed.
To me this is a signal of a bull market still ongoing and we can't miss the opportunity of buying low to sell high. Of course all depends on a person's perspective, I am not a day trader, I prefer to see the long term picture instead of the short term one. But when I see that XLM gained 20% in one day after that huge crash I am really surprised and optimistic.
Another important thing that we can observe these days are the movements of Altcoins and group of Altcoins (i.e.: DeFi, third generation blockchain, remittance services...and so on).
Altcoins start to have their own life with less and less correlation with what BTC does. Moreover group of alt coins tend to move in the same directions (i.e.: CurveDao and Yearn Finance tend to move in the same directions and often with the same amplitude).
Maybe this one are obvious things for most of you, but if they aren't...happy to share :)
Make your research and do not take this as an advice.
Rob
CRV/BTCLike so many DeFi altcoins that earlier this year, CRV is looking extremely bullish since the bounce. I DCA'd on the way down when I saw bullish divergences forming on the daily and bought a big position at 220-240 sats. Currently letting this ride as I have a bad habit of selling too early.
I'm getting accumulation cylinder vibes. twitter.com
If this is an accumulation cylinder, my target is at the top of a parallel channel I drew (can't see it on this chart), but the top of the channel is 1030-1150 sats. This is also a major horizontal resistance point. Currently trading within a low time frame ascending wedge, which is generally bearish and breaks down, but this would break down to point 7 of the accumulation cylinder. If that's accurate, then load up at ~ 430 sats.
Good luck to all. Tokenomics on CRV sorta blow, with an inflation rate of 2 million CRV tokens per day, that being said, this chart is sexy.
CRV.USDT (Y20.P4.E2). Macro.time to go longHi All,
*** This is a continuation from the previous post, link supplied below. ***
This Defi could have hit rock bottom and looking at the MACD against price, and the other indicators on the 12 HLRY and Daily, we have a significant bullish divergence.
Since I have the RSI crossed over on the DAILY for the Phoeix, and the Stoch., its extra confirmation we are good to go one would think.
Curve DAO token coin has big potential, along with other DeFi coins that have been locked up.
Regards,
S.SAri
DAILY Chart
PREVIOUS POST
✳️Curve DAO Token/BTC (6-10) $CRV $CRV #CRVBTCCRV is falling sharply and I think the best zone to start buying is 400sts and will buy gradually to 200sts.
I recommend this is a risky trade and if you love risk, you should trade CRV.
Because I think CRV will have a quick pump to the 800sts zone within the next week.
Curve DAO Token (CRV) Falling Wedge + 274% TargetCurve DAO Token (CRVBTC) is now breaking out of a falling wedge.
Even though we have the break of the wedge prices are still trading below EMA10 so this one is risky...
We consider the bearish potential to be on top when prices are trading below EMA10.
Once above EMA10, we consider the bullish potential... Let's continue.
CRVBTC Chart Early Bullish Signals
1. We have the MACD starting to curve up.
2. The RSI is also starting to recover.
3. Other altcoins already broke bullish and printing multiple strong green candles.
4. The STOCH is coming out of oversold.
Conditions for change
If prices break below "support", the above signals are invalidated.
Any trading above the "support" line and we expect a bullish jump anytime.
Thanks a lot for reading.
Namaste.