Just Saying..Resistance from ATH to last bull peak broken... 35x back to the top before price discovery?
CRVUSD trade ideas
CRV IS GETTING READY TO MOVEBINANCE:CRVUSDT
Hello Traders
after a breackout of falling wegdge and pull back, CRV is ready to move toward first target .
CRVUSDBINANCE:CRVUSD is showing signals of a reversal to upside. We are still waiting on our buy signals. A move over 50 RSI is confirmation.
CRVUSD Decision TimeLooks like resistance and support lines converge around Aug 4th. I drew resistance from the most recent peaks, excluding blow off tops from the run north of $4.50. If up, first stop is $2.6, if down, back up the truck at $0.33.
CRV is part of Greyscale Defi portfolio, and may get its own listing as well. V2 supports variable prices asset swaps, TVL #2 on defi pulse and defi llama.. only other project with similar MCP/TVL ratio that's top 3 is Instadapp, which is lending (not DEX AMM like curve).
$inst $crv
If CRV TVL/MCP reaches parity with competitors (with lower TVL) like sushi or uni, it'll be 20x easy from here.
Just needs volume. Yes CRV has a much different inflation schedule, but I've seen a shift in sentiment on the admin forums.. I think CRV is poised to shine come Christmas.
Still Bullish on $CRV easy long-term profit. still at the bottom, in the grand scheme of things. once btc recovers, $crv will fly.
$CRVas you can see.. i've been following this one for a while lol
Crazy low TVL/MCP ratio, v2 launched DEX AMM to unseat sushi and uni, defillama #1 TVL in Defi at 9.62b, greyscale consideration as well...
It's gotta go eventually. hodl
I love Honda CrvCRV is a dex project that I think is extremely powerful in the upcoming uptrend season!...
CRVUSD 14 MAY 2021 1120 hrs (follow up)Took about 4-5 days to reach the target area. The volume looks crazy at the moment.
One way you can practice is by setting alerts at key support and resistance areas. Test your patience and then once price gets there see if you can identfy the phases of accumulation Phases A through D.
MTF
CRV - Nice ProjectI like this project. Very small cap. I think its going to go up a lot once it exits this range.
Thanks
CRV Local resistance break out and ChannelCRV appears to have broken out local resistance inside a channel and tested 3.50 as support
I have opened a trade around $3.58.
I expect we'll test the top of the channel, I'll take some profit there.
If we break out the top of the channel we will likely head to about $6 zone where what appears to be the next major resistance.
CRVUSD 08 MAY 2021 1046 hrs (channel bumping?)Would be a nice point of confluence should the situation line up. Will see if we get a set up off of the typical market target areas (listed on chart).
Patience is the name of the game. Let it come to you and you can be rewarded if you know what to look for... which is easy:
Look for accumulation/re-asccumulation activity at: (areas listed on chart)
Sources of education:
Richard Wyckoff
Tom Williams Volume spread analysis VSA/ Master the Markets
Pete Faders VSA*
Read the ticker dot com
Wyckoff analytics
PsychFX
MentFX
Dee Nixon
Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)
When you set a target and wait for price to get there (proactive/decreased risk)
When you enter a trade when its already on its way to a target (reactive/increased risk)
CRVUSD ~ A super utility DeFi coin ready to POP!CRV is, I believe, one of the few coins left that you can still make massive gains on, which is also part of the mainstream DeFi ecosystem.
I have no idea why, but CRV is still UNDER ONE BILLION$ MARKET CAP!
For the amount of TLV and usage and cross-chain and liquidity and etc etc etc etc that CRV already has (and has had for quite some time now) - its really confusing how it can still be so low.
It is one of the primary projects in yield and liquidity provision and functions cross-chain.
I think the #1 reason CRV isnt bought up by retail investors yet, and perhaps more institutional, is that the GUI looks like its from 1980.
If they would just get a designer to make an attractive and more user friendly UI/UX, I wouldnt imagine it not being able to reach $15-20 per CRV in a short amount of time.
Anyway, TA time: look at the chart....
1) CRV has not even beaten its previous ATH
2) CRV has only gone about 4-5x since its lows last year; while most coins have 10x or more
3) CRV chart has been consolidating and accumulating in this price range with a tightening wedge
4) These kinds of horizontal wedges are often broken to the downside unless there is macro market buy pressure - however, I'm pretty sure we have macro market buy pressure.....
At most, I would expect us to touch supports below this wedge, and then pop up.
So either way - I have already bought into CRV, and I have buy orders for more set at the price rays in the graph.
CRV is a stakable coin which you can stake solo or pair liquidity with nearly any other coin. check www.curve.fi and pick how you want to get your gainz!
A really incredible project. Hope they work on the user interface/experience a bit more though.
CRV back testing major resistance as support for the first timeCRV back testing a major ice line of 3.55 as support for the firs time ever. Next resistance above this area if it is held as support is 4.60 and 5.06
CRVUSD ~ Breakout confirmation on retest of S/R flipWell, looks like my post about CRVUSD yesterday breakout upwards came true.
Looking at the chart, we see a pretty massive increase in volume pushing this over the wedge pattern it was in.
Congrats to those of you who took my post yesterday and bought some - we are already up 10-20%.
We now look at retesting the wedge support line which is the pattern previous highs (lower yellow horizontal ray) at about $3.44
I highly suspect that we will retest the previous resistance, flip it to support (S/R flip) and then go back up to our previous ATH.
At that point, we'll retest that resistance and eventually break through it. Given the accumulation we have done, I think we should break through that previous ATH and go into price exploration from there.
Once again, CRV is one of the few (if any?) primary DeFi chains that is still under $1bn market cap.
You can earn yield by providing liquidity to CRV on its own native platform - curve.fi - and also as a liquidity pair.
curve.fi is used by many other yield platforms including pickle, harvest (the main one I use), reef etc (there are hundreds of yield aggregators and they pretty much all use crv).
The tokenomics of crv are also very good. I would give it an A-rating though not an A+ just quite given that circulation is still low compared to maximum supply.
As always DYOR, but this is a solid project and a gem to be able to pick up at this price before it gains wider retail awareness.
