CRVUSDT trade ideas
CRVUSD " Falling Wedge" analysis 2$ ?CRVUSDT Analysis
CRVUSDT Falling Wedge Analysis ๐ฅ๐ฅ๐ฅ
The above chart of CRVUSDT laid out a Falling Wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down.
CRVUSDT is currently trading around $0.953. If the pattern broke through the resistance, the price of CRVUSDT might reach the resistance levels of $1.588. If the trend reverses, then the price of CRVUSDT may fall to $0.630
Happy Trading
CRV 4H Review+ Local 4h up trend line
+ MA 50 almost crossing MA 200
+ Higher-highs and Higher-lows
Targets:
Local: 0.9 break out buy
0.950-1.00 the resistance
1.00 accumulate zone break out buy
1.00-1.20 rocket zone
SL:
~0.850 - the last low
- Not sure because of BTC, it can go lower to $19 000 from now. BTC need buyers.
CRVUSDT, an EV+ tradeHello everyone, this is a CRV trade that I am considering.
Technical point of view
Nice consolidation in symmetrical triangle, after reclaiming an important support.
BTC will probably break out of its upward consolidation as well and help us push the resistances on CRV .
Confirmation of the trade once we break the main resistance area.
First stops on weak resistance (white lines) to take profits, and/or reopen lower.
Fundamental point of view
CRV is a high potential token that allows via veCRV to get yield in DEFI (up to 30% APY using boosters like stake DAO).
Excellent token to accumulate in bear market on these extremely attractive levels in daily. CRV is the token of the biggest DEFI platform, curve finance.
CRV/USDT looks interestingGood morning everyone,
Next coin that caught our attention CRV coin. Well price it getting squeezed tighter and tighter so some major movement should happen soon but in which direction? hmm
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
CRVUSDT | INVERSE H&S PATTERNCRVUSDT has been consolidating near an important zone. The inverse head and shoulder pattern on charts projects a bullish trend continuation after a break above the neck line.
This pattern will be only valid till bulls managed to hold above right shoulder. The break below will invalidate the pattern.
The bulls will be only in control above the break of neckline.
While bears will be active below the neckline.
Trade your levels accordingly.
RSI Formula Explained (updated) and a LIVE FAILED tradeThis is just an update to the RSI Formula since some of you are still having trouble with it.
Its not as hard as it seems. Now with the oscillator scale reading ZERO at the mid line, there is no math to do.
RSI Values as follows
0-9 = 1 to 2 rr
10-19 = 1 to 3 rr
21-29 = 1 to 4 rr
30-39 = 1 to 6 rr
Dont worry too much about the last two. you want to be safer at trading with the first two.
The last two are really designed for "Trailing your take Profit"
If you have negative values on your RSI, thats fine. just do the trade in a SHORT and follow the same formula.
Watch the video for the full breakdown
CRVUSDT#CRVUSDT
we are in in very important and strenght support zone as you can see at the chart
buy and hold it to the next targets at the chart we have a falling wedge pattern and strenght support zone that's give us a signals for long move
MACD is showing bullish
EMAs showing a bullish move
RSI is neutral
targets set at the chart
CRV/USDT hmmmHey guys,
So let's take a look at CRV coin. Well to take any positions at the moment would be not the best idea for us as there is no support or resistance or any sort of line or pattern to take as a good entry so we will be waiting to reach any of those yellow lines that we drew.
Reaching upper line and securing that one would mean going for EMA200 zone which is at $0.916
Reaching lower line would mean going for another test at the zone of $0.752
What do you think?
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team ๐ฑ
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
CRVUSDT Bearish Support Breakout BreakoutTrade setup:
After more than doubling from $0.60 to $1.50, price was rejected 3x (Triple Top pattern) and pulled back below $1.00 support, which opens up downside potential to $0.60 support again, which was the low point in June before the rally. (set a price alert).
Trend:
Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening.
OBV (On Balance Volume):
Is declining, indicating that volume on Up days is lower than volume on Down days. Hence, demand (buyers) is below supply (sellers).
Support and Resistance: Nearest Support Zone is $0.60. The nearest Resistance Zone is $1.00, then $1.50, and $2.00.