S-curve
CURVE CRVUSDT TA CUP AND HANDLE FORMATION! BULLISH!CURVE CRVUSDT TA CUP AND HANDLE FORMATION! BULLISH!
Cup and Handle forming!
Feel free to like and follow if you like my TA!
For those asking what indicator is the bottom, it is MC.
Here is the link to purchase: marketciphertrading.com
Ref code: cryptoyew749
CRV - Intro:
Launched in Jan 2020, Curve is a blockchain-based platform for exchanging Ether-based stablecoins safely and securely. Michael Egorov, the founder of the protocol, recently told DeFi Prime that Curve is “an exchange expressly designed for stablecoins and Bitcoin tokens on Ethereum.” - medium.com
Curve is one of the most interesting DeFi products to enter the space. With its groundbreaking approaches like the AMM algorithm to provide liquidity, and it’s successful avoidance of the impermanent loss problem, Curve is a project set for greater heights.
Curve Finance began as a crypto swapping platform, offering traders low slippage trades across major stable coins. The team behind Curve are far from newcomers: Its founder continues to work on NuCypher, an encryption protocol for smart contracts
Curve Finance began as one of the most efficient stable coin swapping protocols in DeFi. Now, with a governance token in the works, it has become one of the most popular projects in the space. Following the launch of various tokens like COMP, BAL, and YFI, DeFiers are eager to get their hands on Curve’s CRV token.
Above-average institutional (managed money) sized volume around .45-.55 so far. CURVE HAS FOUND A BID!! WOoAAAAH!!
BTCUSD - RSI showing bearish divergence?Hi everyone,
Today I decided to go for a TA on BTCUSD mainly because of all the hype lately of BTC hitting 13K and going past that.
Here are the highlights:
- So far BTC has been bullish since the COVID-19 crash halfway of march 2020. (Blue ascending channel). (bullish sign)
- BTC got a nice boost of the support area around 10K-10.5K which made the jump to 13K possible (bullish sign)
- RSI indicates BTC has been overbought three times even though the chart/trend remained bullish. (bearish sign)
- The RSI also indicates that de the tops are at the same height en even slightly declining while the chart/trend remains going up. Indicating a reversal trend (bearish sign).
- The yellow dotted line shows a curve in which the trend slowing down pointing downards as well (bearish sign)
- As our current position is now between 13K and 14K we could be getting heavy resistance because of the earlier resistance from halfway june 2019 (bearish sign)
For now I'm betting my chances that BTC could drop down to 12K-10K, because of the hidden bearish signs. After that somewhere in Q1 2021 a new strong bullish trend continues. For know I stay neutral until future trends confirm otherwise.
Trade safe, stay safe!
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I'm purely a beginner in technical analysis. Let me know what you thinnk about my analysis and hit like or a follow if you like my ideas.
Feel free to comment or share your own analysis, I would gladly share thoughts with you.
Any of your feedback is my motivation to keep going and to learn more about Technical Analysis!
XMRBTC BreakoutSeems like XMRBTC may go up after breaking out through the previous highs. Higher lows can indicate a new trend.
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
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JD Support and Resistance- Potential Squeeze Oct 14Since curving down and bottoming at 71.76 NASDAQ:JD has moved back up along a similar curve. As long as this curve holds JD could push back above 79.27 resistance and with the right conditions it could jump from 80.70 to 85+. Something to consider on JD is the MACD reaching a buy signal and the last 5 days have been higher opens with a close lower than the open. If JD can't hold the curve and 77.30 support, price could test 75.53 support and continue to consolidate in that range for the near future.
cr V for vendeta Hello again friends,
I personally think CRV is a good coin to trade, I've been profitable with it in the past.
But this is a coin to be careful with the entry, as I think it can still fall another 5%.
If you'd like to trade it, try to accumulate inside the box (which is there for entertainment purposes only) anywhere between 88 cents and 93 cents.
If king B behaves we may have some health alt coin days ahead.
Trade thirsty, my friends!
$BA 200 Ma's Mimic 50 Ma's Cross - Heavy BullishPosting again, I've been playing with curved channels trying to see how many taps the trends get on each line and see how "tense" the bends get and how they launch, break, or snap the price in any direction. Here we see the initial rally post Covid correction I have 1 50 EMA (green) and a 50 MA(red) to try and create a clearer signal for shorter term bullish conditions or simple upward movements. I also use the same mix for my 200's EMA (blue) MA (Red). notice how the 50's crossed, even the space they created and closed between each other. We see the curve channel tighten then drop to the lower channel and launch upward. In similarity we can infer that this is about to happen as the 200's are mimicking the same shape and space as the 50's did when they crossed. The candles dipped to bottom and were supported by the long term trend line, tested the recent lows trend line from and have a strong likely hood to break through. The 2hr and 4hr Stochastics maintain momentum, while the Daily has crossed with 2D & 4D making their way. Should be a massive October!
CRV - LIVE ON GEMINIHello friends, we have been seeing life on the market again and today I bring you CRV.
It is now live on Gemini, and it should see more price action.
It may retest the 90 cents again which would give us an even better entry so watch for that.
As always keep an eye on the light switch for the alt coins: btc.d
Trade thirsty, my friends!
CRV.USDT (Y20.P4.E1). TA. Looking like a wedge breakoutHi All,
CRV (Curve DAO coin) looks like a bottom of a Wedge supported by the RSI structure.
I would like to see what it does with this first resistance before I consider jumping in.
It has a 50% to break this resistance or do a ABCDE bottom formation at the micro level before it breaks the trend line.
As per my BTC dominance chart, I have this area with BTC bouncing so I don't see many ALTs breaking out but more likely creating the structure for a bullish breakout pattern.
Please give me a like or tick for this post.
Regards,
S.SAri
BTC Dominance Chart: