CRV
CRV Retracement began - UP we goOne of the most promising coin in the DEFI fell from 5.75$ to 0.32$ in les than 3 months.
By simply doing the Fib retracement, we should hit the basic 0.236 FIB at 1.50$. Thats nearly 100% that should be done easy by EOY.
Simply following Elliot Waves, we could see we are in WAVE 3 leading to 1.15$-1.20$
The golden fib is near 3.65$, 465% from here.
As violent the fall, as violent the retracement. Compared to YFI retracement (44k to 7.5k to 32k), it is indeed promising.
YFI show us the way in a sens of the alt season to come.
CRV 4h Will 250% growth happen again?Less than a month has passed since the previous CRV idea was published.
The growth potential by 250% has been fully worked out! Take profit at the level $0.91 has been clearly achieved.
Now we expect the price lowering to $0.486-0.546.
It is in this zone, in our opinion, that the CRV future will be decided in the coming weeks.
In case of capitalization flowing from BTC to altcoins, CRV may grow again by 250% to the level $1.28-1.30.
A negative scenario is a price decline, first to the base level $0.33
with a possible extension of the fall and the bottom renewal at $0.216.
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CRVUSDT Long Trade 20201112Symbol: CRVUSD , CRVUSDT
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern PRO
Timeframes:15M - 2H
Signal: Red->Green * 4
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Trade closed manually: Closed when the above ribbons turns Yellow or Better the Red.
Curve (CRV) Strong Consolidation, Volume Increases (Over 800%)Curve (CRVBTC) is now showing what we call "strong/bullish consolidation"... We get consecutive green candles as prices move up.
We have really strong indicators with increasing volume.
This is all signaling what we are seeing from other altcoins and trading pairs.
CRVBTC is ready to jump... Additional details on the chart.
Namaste.
CRV/BTCLike so many DeFi altcoins that earlier this year, CRV is looking extremely bullish since the bounce. I DCA'd on the way down when I saw bullish divergences forming on the daily and bought a big position at 220-240 sats. Currently letting this ride as I have a bad habit of selling too early.
I'm getting accumulation cylinder vibes. twitter.com
If this is an accumulation cylinder, my target is at the top of a parallel channel I drew (can't see it on this chart), but the top of the channel is 1030-1150 sats. This is also a major horizontal resistance point. Currently trading within a low time frame ascending wedge, which is generally bearish and breaks down, but this would break down to point 7 of the accumulation cylinder. If that's accurate, then load up at ~ 430 sats.
Good luck to all. Tokenomics on CRV sorta blow, with an inflation rate of 2 million CRV tokens per day, that being said, this chart is sexy.