CRV bullish moveCRV reclaimed its daily support and we will see the areas marked in chart to play out very soon
CRVUSDT trade ideas
CRV potential Long- Price took out the all time low again
- No moving up and offering a potential Long Trade.
- If price does break structure to the upside, we have the confirmation to enter a long position as shown with the squiggle line.
CRV Long- It has hit our HTF Sellside Liquidity Target and an all time low.
- Market is in fear mode right now
- Bitcoin dumping
- CRV Stops have been ran.
- We are trading below the Monthly opening which is great for buying if we are bullish
Curve DAO Crv price will surprise all of us?)And the award for the most unpredictable coin goes to CRYPTOCAP:CRV !)
While the price of OKX:BTCUSDT is correcting and the vast majority of altcoins are following it, #CRV holders woke up after 2.5-3 years of hibernation and said: "Ooooh, now is the best time to buy OKX:CRVUSDT ".
Or how else to explain the 2-months of increased trading volumes in the #CRVUSDT pair and the fact that the price of the #CurveDAO token has been growing quite actively for the last 3 days, if such a phrase is legitimately used with CRV at all )))
‼️ The critical level for August-September for the #CRVUSD price is around $0.60
If they can gain a foothold above that, then maybe we will see CRYPTOCAP:CRV at $1.2 before the end of 2024 !)
CRV deviation before major breakout ?CRV / USDT
Price broke down its historical major support to reach new all time low after bad news recently
At this point its either accumulation or distribution …I think more its accumulation… the buying here could be an opportunity but also has a potential risk for continuation of downtrend
However, if the price can reclaim the major support again it will become less risky with more confirmation for uptrend
Best of wishes
CRVUSDT trading opportunity with Key Zones to Watch!We're currently witnessing intriguing dynamics in the CRVUSDT chart after the recent breakdown from a rising wedge pattern, bearish sentiment seems to be in play, but there are specific zones we should take note of.
CRVUSDT exhibited a classic breakdown from the rising wedge pattern. The base of the rising wedge is now our immediate focus. As we approach this zone, it could serve as a strong support level. For those with a bullish bias, this could be an area of interest for potential long entries.
However, a word of caution, if the price decisively breaks below this wedge support, it will flip roles and become a strong resistance.
In such a case, shorting the pullbacks towards this new-found resistance could offer lucrative opportunities, with targets pointing towards the Potential Bear Target as shown on the chart.
Moreover, on the flip side, higher on the chart lies a significant lateral resistance zone. This region has proven to be a thorn for the bulls previously. If at any time, the price manages to pierce through this zone with conviction, we might be in for a bullish reversal. Keep a hawk's eye on this!
With both bearish and bullish scenarios on the horizon, it's vital to be nimble and trade based on confirmed signals.
As with all trades, make sure to employ stringent risk management and await confirmations before making entry decisions.
Happy trading.
CRV/USDT ENTERING NEW HIGH VOLUME TRENDThe last data shows that CRV/USDT has a good chance to create a new volume in the coming time frames, we will follow up to see if this coin is able to have confirmation in the coming time frames.
CRV/USDT has a history of breakdown trends, we will follow the coin to see if this is the reversal trend. The last data shows a high chance of volume building for this coin.
Can CRV make 10x move?BINANCE:CRVUSDT kept making lower lows but doesn't mean it is not gonna go down more. In my opinion BINANCE:CRVUSDT trading in bullflag pattern which is a sign of reversal and checked bottom line 3 times which we can consider as triple bottom. 0.48-0.52 area is crucial which can decide either go up or make another low, but most importantly BINANCE:CRVUSDT must break upper trend line in order to make 10x move. Also MACD making huge Divergence in 1W TF and great amount of Volume coming in lately. I will be taking profits at those green lines.
CRV longBreak trendline (dotted red) and reclaim midrange (dotted grey) and I think we see range high
CRV NEW INCREASE VOLUMECRV's low time frame shows a high possibility for a new trend increase which could be confirmed in the coming time frames.
We will follow up on this coin to see if it's able to be confirmed.
CRVUSDT Is Approaching The TrendHey Traders, in today's trading session we are monitoring CRVUSDT for a selling opportunity around 0.31 zone, CRVUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.31 support and resistance area.
Trade safe, Joe.
CRVUSDT Potential Long Term Accumulation-DistributionIn this analysis, we focus on a long-term accumulation strategy for CRVUSDT.
Accumulation Zones:
$0.4720: Identified as an accumulation entry point for 10-20% of your position. Potential price movement of approximately 10-15%.
$0.4300: Stronger accumulation zone for an additional 5-10%. Potential price movement of 20-25%.
$0.3750-0.3300: Critical demand zone, optimal for accumulating 10-20% of the position. Potential price movement of 35-45%.
Distribution Zones:
$0.7000: First major distribution zone for partial distribution of accumulated assets (1-5%). Potential price movement of 50%.
$1.1410: Next distribution zone for further distribution (5-10%). Potential price movement of 145%.
$2.0974: Higher distribution zone, ideal for 10-20% distribution. Potential price movement of 305%.
Volume Analysis: Increased volume at support levels indicates strong buying interest and validates accumulation zones.
Current market sentiment shows a mix of consolidation with potential bullish reversal signals, supported by the harmonic pattern and volume spikes at lower levels.
This long-term accumulation strategy for CRVUSDT focuses on systematically entering positions at identified accumulation zones and distributing at key distribution zones. This methodical approach aims to capitalize on both the technical patterns and market sentiment, ensuring a balanced risk-reward ratio.
Additional Details about Curve DAO Token (CRV):
Market Cap: Approximately $400 million
Fundamentals: Curve DAO Token is a decentralized exchange optimized for stablecoin trading. It provides low slippage and low fee swaps between stablecoins, making it an essential component of the DeFi ecosystem.
Potential: Increasing adoption of DeFi and the need for efficient stablecoin trading solutions.
CRVUSDT Is Approaching The Down TrendHey Traders, in today's trading session we are monitoring CRVUSFT for a selling opportunity around 0.2970 zone, CRVUST is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.2970 support and resistance area.
Trade safe, Joe.
CrvCurve dao
One of the most useful altcoin projects on eth and its a mystery to me that it could become this undervalued
I guess the luna fiasco with stablecoin depegging still hasnt returned faith in this products use if other stable coins were also to fail, nonetheless its one of the most simple useful mechanisms in the space..
Think we reclaim the 40c range eventually and this zone is the Elliot deviation but we shall see..
CRV analysis: Looks bullish for mid-termLSE:CRV has been consolidating within a triangle pattern for almost four years, and it is now on the verge of breaking out either above or below this pattern. It is most likely to be a bullish breakout, potentially moving upward toward three main targets specified on the chart: $0.90, $1.65, and $4.48 over the next few months.
CRV and how to SHORT ! This is a perfect rounding type DISTRO that I teach to my all freedom trader friends,
Its a perfect setup for shorting and gives you ample time to establish a plan and get an entry using the frontside highs as stops.
Just check my charts for DISTRO setups you will be amazed how simple trading can sometimes be.
Recap ---- CRVAfter a short rebound, bears appear to be strengthening again. 10 days ago, we talked about CRV. Because Curve founder Michael Egorov used a large amount of CRV as collateral to borrow money, CRV faced a large amount of liquidation after the price fell.
After triggering some liquidations, we saw some traders start buying CRV at the bottom. But judging from the candle chart, the recovery for liquidation is slow. We have observed Curve’s community and related tweets, and it seems that the community wants the sword of Damocles to fall, causing Michael to completely lose his collateral position.
Currently Michael still has a $3 million position in UwU with a health rate of 1.25. It is roughly estimated that liquidation will be triggered when the price approaches 0.25 again. If you are an event-driven trader, then you need to keep this price in mind.
From an indicator point of view, the TSB indicator once again prompted the SELL signal two days ago, which means that CRV will start to fall again. Combining all the information above, opening a short position at this price has a high profit-to-loss ratio.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
CRV/USDT An interesting assetThis project is worth your attention. The asset has been on the sidelines for a long time and is accumulating. A descending wedge has formed, the exit from which indicates further growth. Considering today's situation, it can start its growth
Buy - 0,64 $
TP1- 1,15$
TP2- 1,6 $
TP3- 2$
When is it gonna happen?As we know BINANCE:CRVUSDT made all time LOW last week, but couldn't able to close a candle below old LOW which is at 0.34. Some might say BOS happened last week, but there are few things that I noticed and still considering LONG-FUTURES trade.
1. Multiple BOS happened since June 2022 somehow couldn't able to close a candle below.
2. MACD Divergence
3. Liquidity movement
4. Volume looking decent and increasing.
0.5 is a minor crucial zone which can decide either long or short. If BINANCE:CRVUSDT able to close a candle above 0.9 will be a huge confirmation to continuously go up even to make higher high in 1W TF.
