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J-curve

CRV triangle breakout 📐Curve broke up this triangle and I think there is chance for run to 7.55 and even higher. Setting BUY LIMIT order to catch the pullback. CRV come on! ENTRY : local high @ 4.091 STOPLOSS (SL) : local low @ 3.705 TARGETS (TP) : TP1 - resistance @ 5.3 | TP2 - resistance @ 6.7 | TP3 - height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 7.55 RRR : TP1 - 3.1 | TP2 - 6.7 | TP3 - 9 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
15
CRV/USD - DEFI Powerhouse defies the market! When $10?CRV is the de-facto DEFI king. The price action shows it, but before the TA, here are some fundamentals. FUNDAMENTALS: With over $20 billion locked in Curve finance, this is the largest DEFI token on ETH network by total value locked. Proof: defillama.com The second largest DEFI token is also based on CRV... called CVX... at $19 billion. That is over $40 billion in value locked on Curve platform. You are bullish on CRV right? What CVX does, is to stack on as many CRV as possible to boost their own CRV liquidity pools for additional rewards and APY. If you lock CRV for 4 years, you get 2.5x boost on your rewards. Basically different actors compete on who owns the most CRV to move rewards in their favor via CRV governance. How does this impact CRV token price? As CRV is locked for 1-2-3-4 years to boost rewards, there is less CRV circulating around for buyers that have a very REAL incentive to BUY CRV to move rewards in their favor via governance. Bottom line, CRV goes up. A majority of CRV tokens in circulation are already locked for 4 years! CRV has very strong fundamentals to push its price HIGHER. Crypto and DEFI whales are nose deep into CRV due to the consistent rewards. The $40 bil locked on Curve proves it. Plus Curve has excellent AMM features for stablecoins and alts. TA: The current price is at the highest level since August 2020... A price over $5 is already a huge achievement, but this is likely to go much higher still. On larger timeframes like 3D presented here, CRV remains very bullish and this last 3D candle appears to show a successful re-test of the $5 level as support after being resistance twice in the past! If CRV closes this candle above $5 and it continues up, then CRV can rally much higher still. MACD is bullish and volume remains good. CRV should be a great performer as this price action since July seems to be Wave 3 in a large impulse wave pattern going up. A price of $10 does not seem impossible and is less than a doubling in price at this time. Then a new correction should follow. Like and follow if you liked my idea!
Long
by DU09
2
CRV - keep this one on your watchlist!If BTC continues upwards or sideways CRV could explode soon. Great bounce from weekly support, breakout from bullish flag, retest of upper boundary of pattern and now crating support at 4.8$. 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. As targets I marked 5.9$ which is first to watch for, next is 6,8$ which is highest daily close ever and last one at 23.2$ as ATH from day one pump. Support zones are marked on chart.
Long
by Philippe_0x
1
CRV/USD - Path to $10... very strong price action! 😎CRV has recovered all the losses from the most recent market correction and is set to push much higher, now sitting at over $5 at the time of this post. This is a sign of strength and massive demand for this coin. As the market leader in Decentralized Finance for Stablecoins... CRV is set to dominate. Indicators have turned bullish with DAILY MACD doing a bullish cross... volume exploded... bias is very bullish. I expect a very beautiful rally from CRV in the future. A price around $10 is very likely and possibly even beyond that. Like and follow if you liked my idea!
Long
by DU09
2