CRV USDT PERP Hello Trader OKX:CRVUSDT.P
most likely to experience the potential to create a double bottom pattern
as there is support that has not bounced for 2x due to the long bearish phase for this pair.
long enough for this pair
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CRVUSDT trade ideas
CRV on the short list with the level of 0.4405Hello everyone!!!
AIHermes today identified the coin CRV on the short list with the level of 0.4405
Entry model - breakout! Leverage 10-20X
Stop short.
1st target - 0.401
Trade with us, trade better than us!
Today:
18 coins on the short list
12 coins on the long list
CRV: Falling WedgeTrade setup : Price has now broken below $0.50 support, which is where price previously found support in Nov and Dec 2022. It is oversold (RSI ~ 25) but overall trend is down so we prefer to wait for a breakout from Falling Wedge pattern, which would signal that buyers have absorbed all the supply from sellers and price is ready to resume an uptrend.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.50, which it broke, then $0.40. The nearest Resistance Zone is $0.75 (previous support), then $1.00, and $1.25.
CRVUSDT Presenting a Bullish Scenario? Curve Analysis Today💎CRVUSDT is presently navigating within a descending channel and making lower lows and lower highs on the 1D timeframe.
💎One critical point to notice is that it is positioned near a crucial support level, which aligns with the POC of VRVP.
💎 Just beneath, there's a pronounced demand zone and additional significant support that CRV could potentially approach for a retest.
💎 While there's a minimal likelihood that CRV may breach both these supports and persist in its decline, we're hopeful that CRV will emerge from this channel in the upcoming days.
💎Keep a lookout for further insights and relish your trading voyage with #MyCryptoParadise.
CRV : Time to LET GO of a Sinking DEX?Hi Traders, Investors and Speculators of Charts📈📉
One of the most important lessons you can learn in life is when it's time to let go. This holds true, even for crypto.
A recent hack caused a significant amount of damage to Curve Finance. As we thought the price of CRVUSDT couldn't possibly go any lower... CRV, Curve's native token, plummeted and is now nearly falling off my screen.
On July 30, Curve Finance was hacked for over $73 million worth of crypto. The hacker exploited a reentrancy vulnerability in Curve's code to drain liquidity from multiple pools.
(For Nerds): A reentrancy vulnerability is a type of exploit that occurs when a function calls another function, and the second function calls back to the first function. This can create a situation where the first function can call itself infinitely, which can lead to a denial-of-service attack or a financial exploit.
In the case of the Curve Finance hack, the hacker exploited a reentrancy vulnerability in the code for Curve's stablecoin swap function. The swap function allows users to swap one stablecoin for another. The hacker exploited the vulnerability by calling the swap function multiple times, each time withdrawing more liquidity from the pool. This caused the pool to become depleted, and the hacker was able to steal the remaining funds.
Reentrancy vulnerabilities are often found in smart contracts. Smart contracts are often used to automate financial transactions, and they are therefore often targets for hackers.
The anon hacker has since returned over $61 million worth of the stolen funds, but the remaining $12 million worth of funds is still missing.
AS YOU GUYS ALL KNOW, If you've been following me for a while , as soon as I see a > -95% drop in a coin's value WITHOUT a quick recovery... I can't help but lose faith. It's an obvious sign that the demand is lacking, the project has no real interest from the market. I feel sorry for the team; they've been around for a while and it's a well-know project. This hack was really the last thing that they needed. BUT, it happened and unless they can come up with great new way to add value to CRV, I won't be holding any more CRV.
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CRYPTOCAP:CRV BINANCE:CRVUSDT BINANCE:CRVUSDT.P BINANCE:CRVUSDT.P
CRV: Approaching SupportCurve (CRV) technical analysis:
Trade setup : Price was trading in a Channel Up pattern but broke out of it, bearishly, below the channel support trendline and below $0.75 support zone. Curve (CRV) is a well-established DEX used primarily for swapping of stablecoins. It suffered an exploit recently but there are signs of stabilization and recovery in its business. Price catered down to $0.50 support, where it’s found support so far, and with robust volumes. That’s also where price found support in Nov and Dec 2022, before it set off on a big rally. It’s a higher risk trade, since overall trend is down.
Pattern : Price was trading in a Channel Up pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.50. The nearest Resistance Zone is $0.75 (previous support), then $1.00, and $1.25.
Tarimport pandas as pd
import numpy as np
import talib
data = pd.DataFrame({
'close': ,
'high': ,
'low':
})
rsi_period = 14
macd_fast_period = 12
macd_slow_period = 26
macd_signal_period = 9
rsi = talib.RSI(data , timeperiod=rsi_period)
macd, signal, _ = talib.MACD(data , fastperiod=macd_fast_period, slowperiod=macd_slow_period, signalperiod=macd_signal_period)
def combine_signals(rsi, macd):
signals =
for i in range(len(rsi)):
if rsi > 70 and macd > 0:
signals.append('Sell')
elif rsi < 30 and macd < 0:
signals.append('Buy')
else:
signals.append('Hold')
return signals
combined_signals = combine_signals(rsi, macd)
data = rsi
data = macd
data = combined_signals
print(data)
CrvusdtOtc deal sparks fud sell-off
Hit longterm supply zone and bounced heavily
Rarely do you get the chance to buy sub 65cent crv
Buy here add if we go lower, cut if we loose 2019 bearmarket pricing around 50cents
Sell around 80cents
This thing is still a bluechip imo
Bluechip dips don't last long..