CRV/BITCOIN Ready To BUY !! Welcome Traders >> We Have Here Opportunity And Direction For CRV/BITCOIN
♦️ We Have Trend Line >> Waiting For Break Out
♦️ We Have Very Strong Resistance Area >> Break Out Done
♦️ We Have Side Way Channel Area >> Waiting For Break Out
♣️ Vision ♣️
After Price Break Out We Will Take Long Position To Targets On Chart
!! Attention !!
Any Close Down Channel Cancels Analysis
!! Please Take care Trading Is Very Risk Don,t Risk On Any Position !!
CRV
CRV / BTC - Trying to break out of triangleAttempting now to break out of triangle after reaching new lows, needs to break and stay above purple line, otherwise may test bottom of triangle again.
A clear break above should take us to 22, 25, 28 or higher, see fibs and parallel fibs for targets.
Break below yellow line may send us down to 15s or lower
CRV/BTC BINANCE4H hollow candlesticks.
As price stays in the uptrend parallel channel we have bullish trend.
Price Forecast up to 114%.
MACD is flat and slightly bullish.
steady volume.
Support and Resistance areas are shown.
Curve DAO Token (CRV)
$2.08 USD (16.44%)
0.00020113 BTC (12.66%)
0.00564531 ETH (5.21%)
Market Cap: $338,555,287,089
24h Vol: $143,330,540,845
BTC Dominance: 56.5%
Good Luck
CRV / BTC - Adam and Eve Reversal PatternsWe hit one adam and eve reversal pattern that went up approx 71% the length of the eve formation.
It looks like we are doing it a second time, short term target approx 22330 sats (where the second cross is)
If we move passed 22660, further upside is possible.
CRV / BTC - Possible Parallel Channel Uptrend FormingTrying something new with CRV - this idea has us forming a parallel uptrend, with fibs drawn inside the channel indicating targets.
A clear/clean break below the channel invalidates. Moving up within the channel and stopping near fibs may indicate this is our uptrend, until channel is broken.
Long CRVAfter a couple bad trades I decided it would be smart to continue logging my trades here, in order to make the process clearer for myself. CRV seems to be one of few shitcoins that are oversold on 1D and 4H and close to its bottom on Binance. I think there is a good probability it will make 20-30% gains in a couple days to a week if BTC shows strength. Otherwise new ATL imminent. But in my eyes, based solely on the TA, this looks like an absolute gem.
I have to say I don’t have any clue what Curve does, I’ve seen their website curve.fi and heard the CRV token is pretty inflationary so this will not be a longtime bag. Hoping to make a quick flip.
Let’s see how this one pans out.
CRV / BTC - Yet another Inverted Head Shoulders Forming?Just an idea, it's happened 4 times now with this token, can we do it a 5th time? Ask BTC for permission ;)
Previous related ideas linked below - also posted another idea earlier today (W shaped recovery), channel already invalidated, but something like that may play out also.
Alternatively, we head down further and this was not a real bottom.
CRV / BTC - New Idea - CRV in W Shaped RecoveryHere's a new idea after following the inverted Head and Shoulders move:
We have formed an uptrend, this is our new channel, movement within the channel may look something along these lines (pun intended), and if so - it'll be incredibly profitable.
Alternatively, if we continue downwards from here, it's possible we form a double bottom on the longer time-frames.
CRV/BTC (Test the Upward Trendline Support?)CRV/BTC
-The price got rejected by the upward trendline resistance around 4700 sat
-It is more likely to come down and test the green support area at 3200 sat
-If CRV will continue its uptrend movement, the next target is 5500 sat
-Candle body below green support will invalidate my short term Bullish bias
CRV / BTC - Update II: Inverted Head & Shoulders / Triple BottomInverted Head / Shoulders / Triple Bottom confirmed, we broke the neckline for the HSi and for the triple bottom move, and hit both targets 1 and 2.
We're currently testing the 0.5 fib from today's move. If we get passed the green box where target 2 was, we can expect potential for a much larger move up.
Zoom out to see long term fib levels for potential targets. 58k sats is a good first target if we can confirm a move beyond the green box. Higher is possible 90k sats and beyond.
If we break below the 0.5 fib on the smaller timeframe (that we're now sitting at), we could re-test the dashed yellow line. We need to stay above that line for continuation.
** please see previous related ideas in the links below, thank you for your support, and please DYOR & beware of Bitcoins ability to move and mess up even the most reliable of charts/setups! **
CRV / BTC - Update: Inverted Head & Shoulders / Triple BottomCRV has triple bottomed and is in the process of forming a giant inverted head and shoulders, and has already formed 3 smaller sets of inverted head and shoulders within that pattern.
Need to break above dashed yellow line (1) for confirmation, and break above the green box (2) to see a mega-move.
As mentioned before, Curve Dao has also been hovering between 0.04-0.07 Market Cap / Total Value Locked, whereas comparable Defi tokens (Comp, YFI, etc) are on average more like 0.4-0.7.
YFI is an outlier today and in pure FOMO mode, so its MC/TVL is much higher (haven't checked). You can check yourself here, CRV is currently at 0.07:
www.coingecko.com
Everything said, please beware BTC, it's likely going to make a decision soon, and can screw up even the very best of setups.
CRV/BTC (Potential Inverse H&S Pattern?)CRV/BTC
-This coin is back at previous trading resistance
-It is also testing the 50MA dynamic support area
-Also, the Golden Fib is confluence on this region
-Take note as well of the potential Right Shoulder Pattern
-If this level will hold and if we see a bounce up reaction
-The chances of an Inverse H&S pattern will start to develop
-This is a high-risk trade if you are starting to scale in
-But the reward would be high if the pattern breaks bullish
-Please use proper risk management especially on size allocation