CRVUSDT trade ideas
CRVUSDT heading up to next daily reisstance around 0.95-0.96The price broke the previous daily support and now trading inside the next daily support. The price is likely to head for the next daily resistance DR1 as marked on the chart. A probable upward move path has been depicted on the chart in sequence of steps L1, S2 and L3. Lets how the price action develops but the target is the daily resistance zone around 0.95-0.96 at first.
CRVUSDT (4H) - Bearish breakoutHi Traders
CRVUSDT (4H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 0.883 support level. Only the upward break of 1.003 would cancel the bearish scenario.
Trade details
Entry: 0.883
Stop loss: 1.003
Take profit 1: 0.814
Take profit 2: 0.697
Score: 8
Strategy: Bearish breakout
Follow up post: $CRV will rise again this yearIn my last post, you could have caught CRV at $1 and rode it up to $1.30
I think there's an even better Risk/Reward ratio at this level, though if BTC loses 20,000, perhaps not worth holding onto it until better market conditions emerge.
I'd like to long at ~0.888, or enter with a low leverage long here at .92 back up to $1
CRVUSDT may head for 4h reisstance after hitting daily supportHow about trying to aim for that 4h resistance 1 zone. We hit the daily support DS1 as mentioned in the previous post and also mentioned that there should be a bounce here as it has been a good support zone in the past and shall offer at least some this time as well. Lets follow L1, S2 and L3 path.
CRVUSDT heading down to daily support to 0.95 levelCRVUSDT lost the 4h support and now is very likely heading towards the daily support zone DS1. The price has bounced from this zone several times. It shall bounce this time too. How big and how long, that would be a question we shall answer once we see the price hitting this daily support zone.
Long : CRV/usdt
CRV coin has been able to climb above the moving average line after several weeks of effort and with the standard pullback, the price can now experience good growth. Also, the price is in an upward channel if the price stabilizes above the moving average line and the ascending channel. We can apply for a buy position
CRVUSDT likely to head down first to 4h support around 1.05This does not look good for CRVUSDT. The price has broken the 4H and daily support which now are marked as 4HR1 + DR1 resistance. The price is likely headed for next 4h support 4HS1 zone. I believe, a bit of bounce from this 4HS1 level, the price might break this support and head for the daily support DS1 level.
CRV/USDTThis currency is in a favorable condition. It is currently testing the resistance of the black line. If it cannot cross this range, a red curve will most likely occur.
And if it can enter the black range, after some time it can follow the purple curve according to the harmonic patterns.
Also, in the crv/btc chart, the daily situation is favorable, but in the weekly chart, it is testing the dynamic resistance and ma 100.
CRVUSDT Support And Resistance The fourth updateAs you can see, the price finally entered the resistance range and after stabilizing its movement, it was able to reach the ceiling of the official range and break it for a while, but due to the fact that it could not stabilize itself above this level, it entered A resistance range has been entered.