NEXT REVERSAL LEVEL FOR CRV!!!A cross confirmation with BTC shows that BTC is up against a fib level and price should reverse to 20245.6. If that happens, CRV should reverse to 1.035 for a LONG bias.
Disclaimer!!!
#NFA
#DYOR/DYOA
CRVUSDT trade ideas
#CRVUSDT 6H Chart
Overall price is still ranging in an uptrend and it is currently testing this 4h supply zone. MACD is now showing bullish momentum, RSI is overbought and EMAs are bullish. I expect to see some retracement towards the $0.9 area before continuing to move up.
CRV LONGAs CRv(Curve) is founded in 1997, it has ranked first among DEX in terms of trading volume, and has offered traders widespread liquidity with reduced commissions and slippages. It just broke resistance at 1.075 and going to be on track to 1.5 soon following BTC chart with his new highs.
CRV is expected to rise in 5 waves or form a local double top.The following content is machine translation:
In the 4-hour chart, the trend has completed 3 waves of rising. Currently, the 5th wave is blocked at the completion of the 3rd wave. It breaks through the 3-wave high of 1.07 and is expected to complete the 5th wave.
The fast and slow lines of the indicator macd are repeatedly interspersed up and down the zero axis, showing an active performance. The RSI indicator is currently turning its head down near the overbought zone, and there is a possibility of a step back.
In terms of operation, you can wait for a breakthrough of 1.07 to do more, and look at the vicinity of 1.2. If it can't break through, it will form a local double top, and you can also try to go short, stop at 1.08, and look at around 0.9.
CRV short scalp ideaprice is overextended to the upside on 6h and 8h. it's a scalp trade so I won't hold it for too long.
CRVUSDT Bullish Gap Strategy As observed on the chart, the price has entered its bullish gap and is also on its 0.382 Fib level. The price is expected to bounce back up from here and therefore has given us a "LONG" entry.
CRVUSDT Target Reached! ✅⚡️In relation to yesterday's analysis, CRVUSDT has reached its first target and has delivered a profit 7% (SPOT). From this point on, if you're keeping your position open, please make sure to place your SL on your entry price in order to make this trade risk-free.
CRVUSDT is testing a key levelTheprice had a nice bounce from the weekly support on 0.52$ area and started with ascending channel until the 0.786 Fibonacci level resistance on the 4h Obrder block.
the market created a minor ascending channel and now the price is testing the resistance.
How to approach it?
IF the price is going to lose the support and retest it as new resistance, we could see a retracement until 0.382-0.618 Fibonacci Level, so 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 - Selling SignalBYBIT:CRVUSDT
4 Hours trend chart
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CRV cannot be supported from the uptrend anymore, also forms a small double top here.
We can plan a strategy to short at the broken candle, which closed point is 0.992, and set target/stop as below.
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Targets:
1) $0.962~$0.953
2) $0.932
3) $0.9
Stop:
1) $1.034
CRV - Update of the last idea Reasons to take short:
⭐️ BTC bearish
⭐️ Trendline is 8 days old
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ Had false breakout
⭐️ 7th touch
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
CRVUSDTHello my dear friends
I hope we have a profitable day today
In my opinion, if the downward trend line is broken and the movement trend is below $0.832, the possibility of a price decrease according to the scenario is very high!!!
It should not be forgotten that Ichi Moku has issued a signal to change the trend
Please share your opinion with us
CRV - Curvy trendline for the winReasons to take short if BTC allows:
⭐️ Trendline is 7 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the Trendline
⭐️ Volume appeared at top
⭐️ 6th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
And another drop awaits. Hidden bearish divergence in the 1D TF chart. I'd say, another 70 percent drop wouldn't be out of the question.
CURVE double bottom 📖💡🚀 Hello 🐋
Based on the chart after a long time, correction to the downside these days we have appropriate amount of volume, or we can say new volume for the price and the price is close to the major support and shape the double bottom pattern ✔️
if
the price breaks the major resistance or better to say the round number$1 to the upside and stays above this level, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Will the triangle break on the upside?In the chart, we see the formation of a triangle pattern, and if there is a successful failure with good volume, we expect an increase or fall as much as the base of the triangle. The reason for the formation of an upward trend in the higher time frame is the expectation of the triangle breaking in the upward direction. I have important support on the price of 0.9185 and resistances on the way of the trend at 0.9971 and 1.0115 and I expect growth up to the price of 1.1001.
CRV Breakout Target $we have only one resistant lift to confirm a huge momentum and breakout above the 1$, and going towards to test the strong resistant for this month 1.88$.
long CRV$CRV is breaking through the resistance level. Bullish movement to resistance at 1.14$ is likely to happen.
CRV 1H BUYCRV 1H support is at ~$0.8
Enter 50% at the current price
and try to set some buy orders near the support zone
If CRV holds above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
CRVUSDT | KEY AREACRVUSDT is trending near horizontal resistance zone. The price action shows that earlier price get rejected from same area.
The rejection from resistance zone will bring bears and can approach to risisng trendline. While the break above mentioned zone will bring bulls in complete control.
