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CRVUSDT trade ideas

CRVUSDT: Breaking the Rising Channel with Bullish Momentum. 💎Recently, #CRVUSDT surpassed the boundaries of its ascending channel, signaling a positive price action. This development has resulted in a change of the mid-term trend from bearish to bullish, increasing the chances of another upward wave. 💎We observe how the previous supply zone has transformed into a demand area, and the current pullback presents a compelling risk/reward opportunity for potential buyers. However, it is important for #CRV to hold its position above this demand area to validate the bullish scenario. Only then, we can anticipate at least one more wave to the upside, with the price targeting a significant resistance area around $0.86. 💎Conversely, if the price breaks below the current support level, it may lead to a continuation of the pullback, potentially reaching the uptrend trendline or the Volume Profile support at $0.67. Regardless, the current probability favors a continuation of the uptrend, and the MCP team is actively preparing to seize potential opportunities.
Long
by MyCryptoParadise
The idea of a long position on Curve.fiLet's look at this great opportunity to take a long position. CRV/USDT is looking bullish. There are excellent entry zones - green areas on the chart from which you can take a long position. I took some from the current values but there is a possibility that we will go a little lower where I will add my position. I wish you a nice ride on the CRV. DISCLAIMER! All that is written in this text is not Financial Advice. You, take all the risks associated with trading and investing in the cryptocurrency market - on yourself! Only you and no one else is responsible for your capital and your actions. Only you are responsible for your finances and your actions!
Long
by DigitalCapital_
Key Factors in #CRV's Mid-Term Outlook💎 The mid-term trend for #CRVUSDT is undergoing a shift from bearish to bullish. This transformation is supported by the recent price action, which has witnessed the formation of higher highs and higher lows. Adding to the positive outlook, the Volume Profile level has transitioned from acting as resistance to becoming a support zone, as evidenced by three consecutive bounces over the past week. Moreover, #CRV is currently trading within an ascending channel, with a recent bounce from its lower boundary. 💎 If #CRV manages to hold above the current demand zone, we can anticipate a swift upward movement, targeting $0.81 level. This represents a potential 20% price increase, which is remarkable considering the prevailing market conditions. The $0.81 price level holds significant importance, as it coincides with the top of the ascending channel, a previous demand zone, and the downtrend trendline. This convergence of key features makes it an enticing target for bullish traders. 💎 While the odds currently favor an uptrend, it is essential for Paradisers to remain cautious and prepared for a potential downside breakout. Such a development would likely alter the direction of the mid-term trend. Nevertheless, bullish traders are likely eager to seize such a compelling risk-reward opportunity. Trade wisely and seize the opportunities that lie ahead, Paradisers! Your ParadiseTeam 🌴
Long
by MyCryptoParadise
CRVUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 1 - 1.5 - 1.8 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
1
CRV price - "Inverted Head and Shoulders" pattern on a chart ?Today we will analyze the price movement of CRVUSDT on the global chart. It can be assumed that the global "Inverted Head and Shoulders reversal pattern" has been forming on the CRVUSD chart for the past year. At least, the price structure and the falling trade volumes from the left to the right shoulder correspond to those described in the Encyclopedia of Trading Patterns. A surge in trading volumes should occur after the price of CRV tries to break through, and hopefully breaks through and consolidates above the $1.18 level . As you can see from the trading history, there was a lot of struggle between buyers and sellers around this level. But before that, buyers need to break through and gain a foothold above the local level of $0.80-0.82. Buyers have a lot of work to do to revive speculators' interest in the CRV Well, after the CRVUSDT price is firmly established above $1.18 , the Inverted Head and Shoulders pattern will finally activate. At the same time, the long-term target for the growth of the CRV price, which is in the range of $3.50-4.50 , will be activated, and we were remembering the average - $4 per Curve DAO token. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
27