CRVUSDT (Flag pattern)CRVUSDT (1h CHART) Technical Analysis Update
Flag Pattern
CRV/USDT currently trading at $202
LONG Entry-level: $1.45 to $1.55
STOP LOSS: below $1.30
Target 1 : $1.780
Target 2 : $2.20
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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CRV
Curve (CRV) Next Pump Target is $2.50So long as this alt cycle remains bullish and unbroken by a Bitcoin correction, another CRV pump is highly likely, this time to $2.50.
$2.50 - $2.60 is a key level - it is both previous support from when CRV initially launched and fell from its overvaluation of $10+, and the next Fibonacci line.
Fibonacci lines are a very strong technical tool when used on new assets, like CRV, that have very little price history. Most traders will simultaneously use them to decide where to buy and sell, creating dependable, self-fulfilling support and resistance.
After its latest pump, CRV is cooling off and will likely see a phase of low-volume consolidation within these fib lines. Some are taking profits late, some are cutting losses after chasing the pump and buying the top, while smart money that took profits will be re-accumulating towards the 0.618 and 0.5 fib lines.
CRV 12h Harmonious growth needs short-term rollbackFor two months we did not update the CRVUSDT idea. It was a period of a long coin consolidation.
And now it's time to work out targets from the previous idea.
Growth in the CRVUSD pair looks natural and harmonious, because after a long consolidation, buyers began to drive the price up, without any artificial and intriguing news.
Now the CRV price has approached the liquidity zone, in which there was a hitch in September, before moving further behind the trend.
Therefore, even now we think that it's impossible to pass this zone up for the first time.
In order to gain strength for further upward movement, buyers need to retreat a little and let the price rollback.
It is likely that the next upward attack will begin after a rollback to the level $1.05.
The next target from above is the level $2.20.
In case of strong bullish sentiment, this is the level of $3.90.
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Decisive Breakout | Altcoins Will Indeed Grow On This DropThe question always is, "Will the altcoins grow this time around when Bitcoin drops?"
Curve (CRVBTC) provides the answer.
Today Bitcoin becomes shaky and look at the CRVBTC chart... We have a very strong and decisive bullish breakout with prices moving above EMA50 today.
We also have really high volume and very strong RSI...
Many, many more of the Altcoins vs Bitcoin (ALTSBTC) pairs are looking the same.
The altcoins will grow as Bitcoin prints its retrace... This is also a bullish signal for Bitcoin.
Namaste.
CRV - CURVE FINANCE - stable coin swap liquidity pool for banks?www.coingecko.com
Its up there on volume. Has apparently good swap costs compared to the other big guys.
The question is in the title, will banks eventually use these stable coin swap liquidity pools in their back end capital movements?
Eventually they will be running with and/or on crypto networks, public and private, using stable coins in exciting new financial instruments... so maybe they will use these tools. IF so, and this one remains secure, it could rebound. HARD.
This one is right at the top of the "FROM ATH" list in the >10M market cap list.
>50x sound nice?
Yeh
CRVUSDT(Descending Channel Breakout)#CRVSDT (Day chart) Technical Analysis Update
Descending Channel Breakout
CRV/USDT currently trading at $0.70
Long Entry-level: $0.60 TO $0.70
STOP LOSS: below 0.55
Target 1: $0.925
Target 2: $1.20
Target 3: $1.55
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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CRVUSDT (Falling wedge breakout)#CRVUSDT Technical Analysis Update
Falling Wedge Breakout
CRV/USDT currently trading at $0.73
Long Entry-level: $ 0.70 to 0.74
STOP LOSS: Below 0.550
Resistance level 1(Target 1): $0.86
Resistance level 2(Target 2): $0.95
Resistance level 3(Target 3) : $1.13
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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CRVUSD (Waiting for the trend line Breakout)#CRVUSDT Technical Analysis Update
Waiting for the Trendline Breakout
CRV/USDT currently trading at $0.565
LONG ENTRY: Above $0.605 (Only enter long if 4 h candle close above $0.605)
STOP LOSS: I will update once I see the Breakout
Resistance level 1 (Target 1): $0.700
Resistance level 2 (Target 2) : $0.855
Resistance level 3 (Target 3) : 0.960
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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