CRVUSD.P trade ideas
CRV Cup and Handle Can see a massive cup and handle on the weekly. Keen to see if it plays out. FIB targets also match.
Curve USD TargetsThe chart is pretty self explanatory. Will be monitoring this along with CRVBTC idea I posted earlier. Link below.
CRV / USD (Curve DAO Token) Main trend. The Dragon. A cup.The main trend of this coin. The coin appeared in September 2020. At the moment, there is a pronounced uptrend. The classic Dragon formation has worked.
At this time, a local cup with a base of 100% has formed. The price is at her resistance. The first local target in the event of a breakout of the 3.5 level (yellow level) is the development of the targets of this formation, similarly, at about 100%.
This level of 3.5 is a very important resistance. A breakthrough of it and fixing the price above it will give further development of the trend. If the trend develops further, then the goals are impressive ....
But, it should be remembered that at the moment the coin, especially in the pair to USD from the reversal zone of the secondary trend, is at the "XXX". Therefore, you need to trade carefully and in compliance with risk management. In cases where this important resistance is not broken, the potential for short work opens. Key levels are shown on the chart.
In the pair to CRV / BTC, an upward channel has formed with a potential for resistance of about 150%. At the moment, the price is at the bottom of it.
Perhaps this coin with the name of a not good woman will please everyone with a big profit. But, it should be remembered that you should not mess with CURVE and similar temporary creations for a long time, otherwise this word will often erupt from your lips.
$CRVUSD - Wait for a breakout and go longHello everyone!
There is a bullish flag spotted on CRVUSD, there is a possibility that the price will correct from here and then go upwards.
I'd recommend to wait for a breakout and go long
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CRV - Go long!Personally a lot of positive signs, but I'm no expert.
After a breakout of .382, we're having a slight retest of .5 and the 7 day EMA then it's time to move some more in my opinion. While it's possible we may range for a bit and retest the trendline, it's a risk I'm willing to take in the short term in looking to the longer term potential moving toward 1.618 and the upper side of the trend.
With stimulus checks hitting and money getting ready to pour into the markets tomorrow, I'm hiiiighly optimistic on where we're headed.
Always do your own analysis to verify ideas and compare. Do not trust ideas as gospel.
Trade without fear. Eliminate fear through risk management. Be a badass, put in work.
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.
crv/usdCandlesticks are located above Tenkansen.
Soon Kijonsen will rise and the specified resistance will be broken.
CRV - LONGEntry: $2.20
1st Target: $2.80ish
2nd Target: $3.30ish
-Bullish flag on the weekly chart.
-Cup and handle on the 30min chart.
-butterfly/crab pattern on the hourly chart.
CRVUSDNot good
Price fallows descending channel
Broke below Buffer Zone (canceled Upper target)
From Buffer Zone to Resistance Zone
Target $1.80
CurveI don't know why Curve isn't twice the current price (probably because it is a scam coin) but I think we'll get there eventually. 6 dollar Curve. Send.
