Get started

CRV

CRV Long Trade Setup - Strong Bullish Momentum Despite BTCHello Traders, Here is my analysis / Trade Setup for CRV/USDT CRV is one of my favorite cryptos to trade. When it is Bullish it often has strong momentum as well as predictable formations. ***Personally I probably won't enter this trade due to my conservative nature and wanting to keep cash free for other trades I have in mind and incase BTC tanks. But this is a good trade setup I wanted to share with all of you. 1) Wait for a pullback, get the confirmation bounce at $2.51 and enter a long. 2) Set stop loss around $2.38 3) Take Profits around $2.92 - You may notice that my take profit is lower than the local high, that is because I am a conservative trader. I would rather lock in profits a little early than try and squeeze out another 1% and risk price dropping early and not taking profits. In fact personally I would probably take profits even earlier just to be safe. - However this is just a guide, you are the one who ultimately decides how you want to trade. ***Trading Wisdom*** - "The less you trade the more you make." - I Know this sounds counterintuitive but let me explain. - Lets say one trader take 10 trades a week. They win 6 lose 4. - 60% win rate - VS. a trader who takes 5 trades a week but loses 1. - 80% win rate - Strive for quality over quantity. If you can't be disciplined or patient you will lose out in this game of trading. - Monitor the charts daily, be patient and wait for the chart to tell you when it is time to enter a trade. - It is extremely hard to make money trading, I think somewhere around 90% of new traders lose their money. - It is important to think like a pro, and a pro is patient, disciplined and never chases a trade, they wait for the trade to come to them. ***Last Note*** - For those who are curious... On average I probably take no more than 2 Trades a week. Could I take more and make money? Yes. But again I am looking for high probability trades. I only take a trade if I have and edge and have an 80% chance of the trade playing out how I expect. - 2 trades a week is 100 trades a year. Average gain 10%, average loss 2%. Win rate 80% - 80 wins X 10% = 800% - 20 Losses X 2% = 40% - Total 760% *This is not exact but close to my averages. - This just goes to show how if you are patient and take your time you can make massive gains over time. Happy Trading and Best of Luck!
Long
by natef1
CRV SAND SHIB ZRX cryptocurrencies - potential trades!Hello colleagues! Looking at the situation in the cryptocurrency market , we saw a different attitude of altcoins to the local weakness of BTC. We picked up bright examples and gave our assessment of how to trade cryptocurrency in the next few weeks. The price of BTC has every chance to try to organize another wave of falling down. We talked about this in our previous BTC forecast, where we shared our trading plan ( click on the current forecast link ) According to our BTC forecast, we have forecast potential trades in cryptocurrencies CRV SHIB SAND ZRX Cryptocurrency CRV Entry: $2.26 Take Profit: $2.93 Stop Loss: $2,123 In the event of a weak rebound in the CRV price, we recommend closing the position at $ 2.48 Cryptocurrency SHIB Entry: $0.00002255 Take Profit: $0.00002849 Stop Loss: $0.00002048 Cryptocurrency SAND (we expect a false break of the liquid zone of $ 2.66) Entry: $2,262 Take Profit: $3.66 Stop Loss: $1,996 ZRX cryptocurrency Entry: $0.7157 Take Profit: $1.0916 Stop Loss: $0.6448 How do you like this format of forecasts? What do you prefer a detailed and thorough description of one cryptocurrency or a selection of clear trades? Write your opinion in the comments!
Long
by P_S_trade
41
CRV Recognizable Elliott Wave PatternRight now crv is displaying a 3 wave move to the upside, which may not be done just yet. It just missed the Most Likely Target for a wave 3, but is displaying some wave 3 personalities, vol, base channel break, slope. So keeping an eye on the retrace for more clues on what exactly is being printed here. Depending on where, and how, the PA retraces will determine the next possible move. In the end it is a recognizable pattern which could be utilized as an anchor for a possible trade plan.
by CryptoKnee
Curve | CRV at a potential reversal pointCRV currently trades below its MA50. Once it moves above $2.42 and closes above the MA50, I would like to enter and aim for at least $3.3, preferably higher. What is interesting is that the volume hasn't been so low since last July. So, hopefully we can see some volume move into CRV and lift this off towards my targets. If CRV cannot cross $2.42, I can see it dipping towards its white dashed support line. Let's see how this plays out. Thanks for your support. Have a good one.
Long
by PagaLui