CRV Formed Bullish PenanntIn the daily time frame, the Bullish Pennants pattern has formed
and if the price can keep itself above the support (red box) and break the triangle,
we can see a good price Movement To The Moon
Short Term Targets : 1.14/1.21/1.25/1.32
Mid Term Targets : 1.43/1.55/1.68/1.8/2
CRVUSDT trade ideas
CRVHELLO GUYS THIS MY IDEA 💡ABOUT CRV is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
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TURTLE TRADER 🐢
#crvusdt CRV The trend is a changing. Get long#crvusdt Curve Finance is one of my favourite Defi coins. it looks like the big picture trend is changing from downtrend to uptrend. This is higher probability trading as the underlying platform is solid and the technical is lining up. If not for the red volume candles this would be a lock. But still definitely worth a shot. Target 1 is 1.8 but there is a lot more potential upside if we make that.
Volume. red volume bars are dominating so make sure you set the stop.
STO is low allowing sufficient upside to jump up.
RSI is higher on the recent selling showing weakness in selling.
Price 1.11
Stop 0.95
Target 1.8 (yes that is 60%)
CRV Swing Longlong ass time trend line broke and backtested, daily resistance broke and retested, POC of the range upon the daily order block is holding. I took a swing long here. the first target is VAH in the range of around 1.5 dollars and the final target is the 1:1 extension fib level of around 2 dollars. one can place a stop loss just below the daily order block but I don't want to get stopped out on sudden moves so I place stop loss a bit lower at 1 dollar.
CRV/USDT waiting to reach lower levelMorning traders :)
Last coin for today will be CRV/USDT. Recently this coin as a nice fakeout which liquidated all shorts positions after what it went back to that sideways path. For upcoming week we will be waiting for the price to reach lower level of that sideways path and only after that we will take a look again at this chart))
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CRVUSDT is creating a triangleThe price is creating a triangle between two daily structures
The price had a bounce exactly on the 0.618 Fibonacci level around 1$ area
How to approach it?
IF the price is going to have a breakout from the resistance and retest as new support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
CRV Trend AnalysisWhen we examine the chart in the weekly period, I think the main pattern is complete.
We can think that the formation of a new movement has started or is about to begin.
Looking at the weekly and monthly support and resistance zones with Schiff pitchfork, we can think that prices are not too high for trading.
We can accept the $0.900 levels as support as weekly or even monthly support. I don't think this region can be crossed. Still, piecemeal trading can be a sensible option to avoid risk.
On the upward trend, we can also see that the weekly and monthly major resistance is at the $1,700 levels. At these levels, selling piece by piece again can mean more and risk-free profits.
When we follow the downtrend using the Fibonacci channel, I think that the downtrend is weakening and now there is a tendency for prices to move out of the channel.
Assuming that it will enter an uptrend at the same angle, I cannot say anything about the unrealized price at the moment, but I believe that the fibonacci upper channel 1.618 level will work as resistance according to the position of the price in the future.
For example, the place where the price coincides at that moment is the price equivalent to 1,618 on the channel we have drawn now, and if the price is 2 dollars, 2 dollars will work as resistance. Or if the price is $1.7 and the channel is above the 1.618 line, we can think of it as the resistance of $1.7 at that time, not $2. You have the possibility to test this when prices turn upwards.
When we look at it with Renko candlesticks, I think it is clearly trying to complete a harmonic pattern.
Based on the previous accumulation area and considering the pattern that can emerge over the harmonic pattern default values, we see the levels of 0.870 -0.900 dollars.
This gives the same result in synchronous with other types of candlesticks.
If we imagine this harmonic pattern as complete, one of the major resistances it will encounter will probably be fibonacci 1.618. When we examine the chart, we can see that the resistance levels coincide with the previous supply zones as well as the support levels.
Since these are weekly and monthly resistance levels, I think there will definitely be a sales reaction.
Apart from these, I observe that there are patterns that give their first signals. But since the data has not yet been generated and I cannot measure it, I cannot talk about them for now.
We can talk about this when the D leg of the last harmonic pattern that I expect to occur is formed.
In summary, I think that the price movements will be shaped as 0.900-1.5 and 1.8 respectively.
Note: This is not investment advice.
CRVUSDT(Curve DAO Token) Daily tf Range Updated till 08-09-22CRVUSDT(Curve DAO Token) Daily timeframe range. even tho there are some out of place moves through its levels its more stable than many other low class alt's. less used by p and d groups and more quality holders. volume is decent here. devs are pushing on the fundamentals. there are lots of scalp and range plays here depend on btc price action how those setups will hold up to it.
CRVUSDT 3D CRV buy zone before a potentially good move upToday we will consider the trading pair CRVUSDT
Our attention was drawn to the fact that CRV buyers held the price above the strong mirror level of $0.95-1 during yesterday's market decline. As we can see from the history of CRVUSDT trading, this zone often played the role of critical support and resistance levels.
In general, currently, the CRVUSD price made a rather weak correction after the growth since June 2022. This may indicate one of two things: either the correction is not over yet, or CRV holders and buyers are aiming to break through the trend line and push the price higher in the near future.
To cover both assumptions at once, you can place buy orders in a wide range of $0.82-1 and the result can be a tasty average price.
An additional fact that there are prospects in the Curve Finance can be evidenced by the top of protocols with assets placed and locked in them (TVL)
1. MakerDAO ~ $8.0bn,
2. Lido Finance ~ $6.8bn,
3. Curve ~ $5.8bn
4. Uniswap ~ $5.6bn
5. AAVE ~ $4.7bn
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CRVUSDT: Ready for a pullback?CRVUSDT is back at it in a couple day uptrend. When will it end? Here's my take.
I see a very slight market structure break on the 15m that leads me to believe we may tap liquidity highs once more before we descend. The 768 retrace and monthly pivot point (short zone 1) could certainly hold as the final level of resistance before a reversal. If not, we are tackling liquidity in the 1.23 (short zone 2).
Look for an entry within the short zones and be patient. Perhaps market structure/price action will tell us something else when we get back up there.
TP targets 1 and 2 shown. TP target 1 is sandwiched between the potential up move and old down move 0.5 fibs, TP target 2 is based on volume profile.
Simple and easy trading plan with solid risk to reward if you are willing to anticipate the countertrend move.
$CRV - Finally Time To Break The TrendiHello my Fellow TraderZ,
I had shared my idea regarding $CRV few days ago on 4 HTF where I had mentioned that price has broken the Downward Trend on 4H, but still stucked and testing the range low support.
Today, once again I'm here with DTF Analysis on $CRV.
Here it is clearly visible that Downward TrendLine has acted as Super Strong Resistance which clearly rejected the price 5 times.
It would be interesting to see that is this time different or we gonna see some weakness of TrendLine!
Incase of breakout upward expecting 1:4 RISK-TO-REWARD while on rejction it is 1-4.5 R:R.
Thank you for taking out your time and read.