Curve | Descending Channel, A&E Bottom, Volume & Price ActionA major downtrend is coming to an end, but, how do I know?
Good morning my dear friends... See this chart:
➢ Here we can see CRVBTC moving within a wide descending channel; a classic downtrend.
Looking up close, price action dynamic changes as we move to present time and we have a change in volume dynamics.
Close up chart:
➢ Notice the classic bottom formation we call Adam & Eve. You can call it anything you like really but this pattern consist first, of a pointed low followed by a rounded one.
➢ The candlesticks also reveal a strong bullish bias. Market conditions can always change, in a week, in a day; but the chart is currently bullish and thus we expect to see higher prices based on these signals.
Thank you for reading.
You are appreciated.
Namaste.
CRVBTC trade ideas
Trade Signal for CRVBTC: Sell OpportunityDirection: Sell
Enter Price: 0.0000036 BTC
Take Profit: 0.00000348 BTC
Stop Loss: 0.0000037 BTC
Analysis and Justification:
Our forecast for the CRVBTC trading pair leverages the EASY Quantum Ai strategy, which indicates a potential bearish trend. The combination of multiple indicators and recent price movements suggests a downward trajectory.
Firstly, there is an observable resistance near the 0.0000037 BTC level, as indicated by previous price action reversals at this point. This resistance level is critical for setting our Stop Loss, ensuring that the position safeguards against any unexpected spikes.
Secondly, recent trading volume dynamics show a decline in buying pressure, aligning with our Sell signal. Reduced interest from buyers typically precedes a price drop, reinforcing our forecast.
Additionally, the broader market sentiment around BTC is currently stable, suggesting that excess gains in altcoins like CRV might correct in the short term. Our target, therefore, aligns with a typical retracement zone at 0.00000348 BTC where traders are likely to realize profits.
Recommendation: Traders should consider entering the sell position at 0.0000036 BTC with the specified Take Profit and Stop Loss levels, managing risk appropriately. This signal is relevant for a short-term trading window and should be monitored closely for any swift market changes.
Falling Wedge Targeting Weekly ResistanceCRV has a clear falling wedge on the weekly chart (this is the linear price chart not logarithmic).
Measured breakout targets line up with at TP 1 at the bottom of weekly resistance and a TP 2 that is slightly above the wick high top of weekly resistance.
Best of luck!
CRV/BTC Fire SaleClassic downtrend to deviation below the bottom for liquidity and expansion. This classic setup can be found on any pair on any timeframe. This is about as good of an entry as one could expect to get. With BTC Dominance looking like it's topping out as we speak, alts will be going nuts, especially the ones with clear setups. Keep the Faith. Fulfill the Prophecy. Follow me on X @FTP_Charts.
CRV/BTC - Curve: Elliott_Wave_12345◳◱ Hey traders, we've identified an Elliott Wave 12345 pattern on the LSE:CRV / CRYPTOCAP:BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00001616 | 0.00001727 | 0.0000194 and the major support zones are respectively at 0.00001403 | 0.00001301 | 0.00001088. We may consider buying at the end of wave 5 at the current price level at 0.00001385.
◰◲ General info :
▣ Name: Curve
▣ Rank: 97
▣ Exchanges: Binance, Huobipro, Gateio, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: Curve Finance is a decentralized exchange optimized for low slippage swaps between stablecoins or similar assets that peg to the same value (e.g. wBTC/renBTC). The protocol employs a Automated Market Maker that was built specifically to give DeFi users low slippage and liquidity providers steady fee revenue.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001385 ₿
▣ 24HVol: 2.138 ₿
▣ 24H Chng: 2.441%
▣ 7-Days Chng: 8.58%
▣ 1-Month Chng: -7.48%
▣ 3-Months Chng: -24.29%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001616 | 0.00001727 | 0.0000194
◢ Support: 0.00001403 | 0.00001301 | 0.00001088
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: -23.21
▣ Last 90D: -18.21
▣ Last 1-Y: -16.78
▣ Last 3-Y: -18.27
◲◰ Volatility :
▣ Last 30D: 0.38
▣ Last 90D: 0.66
▣ Last 1-Y: 0.75
▣ Last 3-Y: 1.06
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.48 - Bearish
▣ In-depth CRVBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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#CRV/BTC - Long - Potential 8.75%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#BTC_CRV
Exchange: BINANCE
Timeframe: 360
TP1: 0.00002535
Entry: 0.0000234
STOP: 0.00002145
Entry Conditions:
| Month long trendline broken
| Price at support
| RVOI has broken trendline and resistance
Tricky trading ALTs with BTC dominance above 50%. Slight chance of a pump here with BTC tracking sideways and volume giving some upside momentum.
CRV/BTC - Curve: BBand_Breakout Super-Trend◳◱ A Bollinger Band breakout and a Super Trend pattern have been noticed on the LSE:CRV / CRYPTOCAP:BTC chart, indicating a bullish trend. The Bollinger Band shows a probable positive trend as the price has moved outside of the upper band, while the Super Trend confirms the bullish trend. To buy at the current price range and aim for higher levels would be a solid option. The key resistance levels are located at 0.00003101 | 0.0000321 | 0.00003407, and the major support zones can be found at 0.00002904 | 0.00002816 | 0.00002619.
◰◲ General info :
▣ Name: Curve
▣ Rank: 64
▣ Exchanges: Binance, Huobipro, Gateio, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: Curve Finance is a decentralized exchange optimized for low slippage swaps between stablecoins or similar assets that peg to the same value (e.g. wBTC/renBTC). The protocol employs a Automated Market Maker that was built specifically to give DeFi users low slippage and liquidity providers steady fee revenue.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00003077 ₿
▣ 24HVol: 5.694 ₿
▣ 24H Chng: 1.217%
▣ 7-Days Chng: 1.61%
▣ 1-Month Chng: -13.45%
▣ 3-Months Chng: -33.87%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00003101 | 0.0000321 | 0.00003407
◢ Support: 0.00002904 | 0.00002816 | 0.00002619
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -4.58
▣ Last 90D: -1.66
▣ Last 1-Y: 0.24
▣ Last 3-Y: 0.20
◲◰ Volatility :
▣ Last 30D: 0.62
▣ Last 90D: 0.76
▣ Last 1-Y: 1.19
▣ Last 3-Y: 1.81
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.61 - Bullish
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.66 - Bullish
▣ In-depth CRVBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
#CRV/BTC - Long - Potential 12.12%Style: SWING
Direction: LONG
Market: SPOT
Risk: 0.25% - 1%
EXCHANGE: BINANCE
#BTC_CRV
TIMEFRAME: 360
ENTRY: 0.00003554
⎿ TP2: 0.00003974
⎿ TP1: 0.00003764
STOP: 0.00003344
Nice breakout, moving overbought so potential to hold for better entry. Personally 100% at TP1, if holding for TP2 use a trailing stop.
Curve may see Double-Bottom vs BitcoinCurve has primarily been within a parallel downtrend on its logarithmic chart (3 day chart shown here). It broke above that channel and moved nearly a channels width above it, before breaking back down into the same trend. Often when we see a strong channel breakout that eventually falls back into the channel, crypto charts have a tendency to test a breakout on the opposite end. I've drawn channels of equal length above and below to illustrate this.
I'm expecting there is a decent chance this occurs again here, where we break down below the channel and move nearly a channels width below. This would put us in the same range as Curve's ATL vs. Bitcoin, and could stop there or move closer towards the full length of the channel, to have a slightly lower 2nd bottom on its double-bottom.
This is just an idea based on trends I've noticed in crypto. I didn't look for much confluence - but MACD is trending down and volume is still unusually low.
Should this actually happen, expect a strong move back up from the 2nd low or ATL. Short until then, long when it reaches the green box or near lower channel bottom.
#CRVBTC - A Steady Drop to Meet Multiple SupportstheCrypster -
We've just closed a massive Long trade with #CURVE / #BITCOIN netting a total of over 35%, now we've received a Short signal from CTv2 and we can see a potential for a healthy 10%.
Price should be aiming for a point of multiple support, an ascending trend line meeting simultaneously with a historical level of support, this is our target.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Curve DAO (CRV) formed bullish Gartley move for upto 19% pumpHi dear friends, hope you are well, and welcome to the new update on Curve DAO Token ( CRV ) with Bitcoin pair.
Previously after hardly reaching the sell target zone, the priceline dropped down.
This time on a 4-hr time frame, CRV has formed a bullish Gartley pattern. At the moment, after the completion of final leg the priceline has slightly moved up, therefore, we can wait for some correction to buy it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Curve DAO Token (CRV) formed bullish Cypher for upto 19% pumpHi dear friends, hope you are well, and welcome to the new update on Curve DAO Token ( CRV ) with Bitcoin pair.
Previously we caught a nice pump of CRV:
Now on a daily time frame, CRV has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DeFi Hype Play - CRVDear traders,
Intro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
The chart looks amazing IMO. The price action of Curve (CRV/BTC) has experienced a long consolidation period. Now, the range of consolidation is getting extremely tight. If this blasts through, I think it will be an extremely swift move.
If it rejects, I will be scaling some of my Bitcoin into this coin around 0.00004573 sats.
& here some for the FA guys:
Curve is a popular automated market maker (AMM) platform that offers a highly efficient way to exchange tokens while maintaining low fees and low slippage by only accommodating liquidity pools made up of similarly behaving assets. While this approach results in lower fees for the liquidity providers who supply the pools with tokens, Curve incentivizes their participation by integrating with external DeFi protocols and delivering rewards in the form of CRV tokens and interest.
Goodluck,
Doctor Hugo