CRVUSDT (CRV) - POTENTIAL BREAKOUT ANALYSIS 🔎
- CRVUSDT is resisted by the descending trendline resistance (DTR).
- Price is testing the descending trendline resistance (DTR).
- Price action is printing a symmetrical triangle (ST) pattern at the test zone.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below symmetrical triangle's inclined support.
CRV
CRV/USDT - High Probability of Bullish W PatternHello traders and community, today I will tell you shortly about the situation of CRV/USDT
Trend analysis
- As you can see from the CRV/USDT daily chart, the price of CRV started moving upward for testing current resistance zone (red rectangle) and so forming bullish W pattern. Right now CRV is still in range trend between two main zones (green and red rectangle), and we as traders need to wait for a breakout to open our trade position for making profit. As a trader, I recommend to put long position up to 2,9 price level for lowering risks (possible scenario on the chart). Resistance level is situated on 2,945 price level and Support level is located near 1,704 pricel level. Overall trend of this pair stays bullish and therefore it's great opportunity for trading and investing. Always check trustworthy signals before open your trade position!
Chart pattern
- Range pattern (functioning)
- Bullish W pattern (forming)
Technical indicators
- RSI: market is still in boarders and is located near 50 level (not overheated, Bull signal)
- MACD: MAs are prepared for upward movement + they get closer to each other (Bull signal)
- BB: Volatility of the market started stabilizing after volatile movement accomplished (Neutral signal)
- MA (10,20): MA10 is going upward to the level of MA20 (Bull signal)
= Overall bull signal movement
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Tell us about your opinion for making better decisions in trading :)
P.S.: Information provided is only educational and should not be used to take action in the market.
PayPal to Buy Curv Crypto Custody Firm- new high(again) maybe.maybe it can retest the support zone and buy from there.
green- support rejection
black-stop loss breakdown.
no Take profit cause we going andromeda .
not a finnancial advice just bananas . ktnxbye
a bit of a old news but maybe still a factor .
crv long still lot of potentialCRV looks good to buy at 2.18to 2.2 level there is fibonacci level plus 1H ema plus if 1H candlo close and open on trendline slowly then definitely its worth to enter. Yesterday it broke my upper trendline and shoot up. I was half right that it looks bullish. Targets check previous CRV post. First previous ATH then I will update if hit
CRV/USDT Prediction AnalysisGood morning to all respected Investors and Traders,
I made a simple analysis for CRV/USDT
There is always a health correction after a long run..
So, I suggest you guys to be patience, always DYOR before entry the market
I reckon you guys to entry at my sign, HODL, be patience and take profit at my sign "potential target 1,2 and 3.."
Patience is the key..
Stay humble, stay hungry and stay foolish..
Make your own analysis sounds better :))
Critiques and comments are super appreciated
Happy trading y'all !!
Good luck!
Best,
PS: This is not financial advisor. Please DYOR before entry the market.
crv usdt looks bullish fantastic buy opportunityLook at CRV ysdt chart 4H chart its sqeezing between these 2 trendlines I believe at 2.00 USD is fantastic buy opportunity 2.00 first is round number and psyhologival level
many many traders put orders with round nuumbers maybe only because they lazy put multiple numbers and for sake of simplicity, then we have fibonacci line very close plus trend line if it breaks upper trendline be ready for big profits 3.00 easy with futures trading 10X its 300% profit!!! This is insane thats why I like crypto with forex you wait years for pair price to increase by 30% with crypto it can happen in days. And technical analysis works exactly same i have feeling even better as in forex. In forex is too many manipulatons but in crypto with smaller coins I have feeling its less manipulated. Odds are very decent for this long. Put SL around 1.9 area
$CRV/BTC 4h (Binance Spot) Trendline BreakoutCRV at Support and Broke out of the Downward Trend Line
Current Price= 0.00003920
Buy Entry= 0.00003840 - 0.00003950
Take Profit= 0.00005220 | 0.00006090 | 0.00007510
Stop Loss= 0.00003690
Risk/Reward= 1:5.65 | 1:9.43 | 1:15.61
Expected Profit= +33.16% | +55.42% | +91.56%
Possible Loss= -5.87%
Estimated Gain-time= 1 month
use Maximum 10 % of the Account
CRVUSDTCRV just became the hottest coin on Binance, with a 30% move up and still pushing up the Bollinger Bands... Very exciting!
Now if some on you guys want to jump in, I would advise to holding on and see if this candle can stay above $2.44.
If this 4H candle is confirmed, then go ahead and open your positions for the TP1 and TP2 as shown on chart. Don't get greedy tho.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
Comment if you need a chart 💬
CRV | Great Chart Pattern - S/RCRV made a great chart pattern in 15m timeframes. I think it goes like the path I've drawn.
There are multiple support/resistance areas as you can see in the chart with horizontal lines.
I think it'll be a great entry point to make %16 profit in the coming days.
How do you think?
🔥 CRV Strong Reversal: Bullish OutlookCRV has been lagging behind a bit. Most other cryptos are seeing stronger returns since the start of this week. Although starting off relatively weak, CRV seems to be picking up speed since last night. This trade is based around the idea that this speed will remain in the near-term.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
🔥Falling wedge CRVSupport the idea with like!❤️
#CRV/USD
📌 Falling wedge CRV
🔹Analysis: After a serious fall, a bullish wedge pattern was formed, it has already worked, we left the wedge and are heading up! I do not give exact points for entry-exit. Resistance lines - possible sell / correction, you can fix part of the position. All goals are shown on the graph. This is just my opinion, it may not coincide with yours.
CRV 12h CRVUSDT growth up to $6 is possible if...Yesterday, in the digest "Bitcoin weekend" №11 , you actively voted for CRVUSDT, so whoever did not have time yet, vote for your favorite trading pair, and we will analyze it.
Now, please, for your attention the global analysis of CRV
Let's start with the fact that the previous idea worked exactly and completely. After CRVUSD dropped to the liquid zone, where there was a pre-trade before the growth.
The price moved down in a wedge and is now close to an upward breakout, although the stop should be placed below $1.50 , there is still some room in the wedge for movement.
The first target is above $3, it will show what mood in buyers is, and in general what kind of situation will dominate the crypto market in general.
The mega positive scenario for CRVUSDT is another wave of growth with maximum targets in the region of $5.75-6.30
The negative scenario will activate if we see the weakness of buyers at first around $3, and then if the weakness is confirmed in the liquid zone of $1.80-2.20. In this case, a fall to $0.9 cannot be avoided.
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[230%] (LONG) CRV / USDTAnalysis :
- Hidden bullish divergence
- On the Kumo
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.
In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.
CRV TO INFINITY AND BEYOND!I Believe crv is in a cup and handle pattern. And has just seen a strong rejection from a key sr. Also on 11th and 5th of feb price tried to pass over the 0.618 fib level at around 3.64 however i believe in the coming days CRV will brake through this level!
however please keep an eye on BTC and BTC.D( bitcoin market cap dominance) as they will have a huge impact on price.