CRVUSD
CRV/USD - Breakout towards $4! 🚀🚀🚀CRV did a very nice break of resistance yesterday and today we pumped nicely over 20%! Not bad right?
Now we are brushing against the resistance at $2.5, but unless BTC spoils the fun we should be good to go higher and re-test our previous high at $3.7. CRV still has a long way to re-test its old ATH, therefore, long term I expect CRV to push much higher towards $5 and above.
Now we need to cooldown a bit around this level before we can push higher, as indicated by the 4h indicators. However, on daily timeframe, CRV is just turning bullish, so I expect a nice continuation of this bullish momentum.
Bias is very bullish and remains so until BTC or ETH for some reason decide to dump below their previous support.
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CRV back to my top 3 - Altseason 2021The next alt season coming in the next 4-6 weeks should be one of the biggest bullrun ever seen, all assets/markets included.
CRV is showing on chart all the potential to do a 4-5x really fast, AGAIN. The last BTC dump gave it the recharge it needed.
We already rode CRV from 0.60$ to 3.00$, selling on the way to the top that was 3.57. 5x in less than 2 months.
It will repeat.
Really not much to say, its all on chart.
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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CRV/USD - Are we getting ready to pump? 🚀If you have not noticed, on CRV/BTC pair we have just flipped on the positive side on 12h MACD and we appear ready to pump higher after breaking the diagonal resistance.
On the USD pair here, we're also looking ready to break out with a nice bullish divergence on 4h. However, we need a bit more time to get confirmation on this pair.
Unless the broad market continues to correct, I see CRV aiming to go higher and re-test our resistance in the $3 area.
Entering here presents a good risk reward and buying CRV at $2 is pretty nice after a 50% correction.
Not much to say, once CRV pumps it's going to be fast. Lets see.
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CRV - welcome to summer levels?Maintaining the harmonic line that keeps the price action by drawing the fibonacci lines we can deduce some of the following levels to take into account for the next three months.
In a broader daily view we see that the movement is gaining strength, waiting to resolve in the next few days to one side or the other. In both cases here are the levels of support.
🆓Curve DAO Token/USDT Analysis (22/1) #CRV $CRVCRV's way of increasing is quite risky because it is easy to create a strong dump to $2.5 or even $2 zone in this February.
If CRV conquers $3.5 zone, the highest target that we can calculate is $4 zone.
CRV needs more time to create a clearer future
📈BUY
-Buy: 2.5-2.6$. SL B
-Buy: 2.0-2.1$. SL B
📉SELL
-Sell: 3.3-3.5$. SL A
♻️BACK-UP
-Buy: 3.3-3.5$ if A. SL B
-Sell: 4.0-4.2$. SL A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
CRV - 4h. The critical range $1.69-1.77The strong wave of growth that began on January 11 in the CRV market began to slow down. The main problem of growth inhibition was the range of $1.69-1.77.
As you can see in the chart on January 17, buyers failed to break this range, even on high volumes . Only after the correction and even high volumes, the price of CRV was fixed above the range of $1.69-1.77.
However, the price growth channel has changed. Trading volumes decreased . Now sellers are again trying to test this range. Buyers look quite confident and the current consolidation is more like increasing the position of buyers to continue to grow.
Therefore, in the short term we expect a repeat test of $2.25-2.35.
However, global CRV targets are higher . Where? See our global idea:
https: //www.tradingview.com/chart/CRVUSDT/mE2XspE6-CRV-12h-Harmonious-growth-needs-short-term-rollback/
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CRV breakout of bullflag, Read idea well !CRV / USDT
Price show huge gains last few days and started to correct in flag pattern ..now we can see potenial Breakout of bullflag
Please note that entery now is high risk taking into consideration it already pumped and BTC current situation
If you looking for entery i suggest wait for retest above trendline (best safe approach in current situation) and stoploss will be close again below trendline
🚨This isn't signal its idea and reading chart.. signal is coming with entery and targets and stoploss
Trade at your own risk
Good luck and happy trading
CRV/USD - Well on its way to $3 then $6The whole market dumps and what does CRV do... it pumps 30%. Nice.
We are back on the up-trend here as indicated by price action and indicators. We have an immediate resistance at $2.1 and if that does not hold us back, then the next stop is $3.
Long term, I see CRV reaching its ATH of $6, therefore there is a lot of gains left in this coin.
As long as we don't break down the yellow parabola, I don't see reasons to be concerned during this bullish trend.
Well done if you bought under $1!
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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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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.
CRX/USD - Major breakout towards $6CRV has started a fantastic run in the past 5 days at over 160% gains!
We broke outside of a major resistance at $0.9 cents and now we're testing the resistance at $1.6 (as predicted, see my last idea linked below). I do not expect the resistance to hold this momentum for long and we should be due for a new push towards previous highs.
If DEFI like UNI/SUSHI are of any indication, we may do an ATH for CRV at this rate. DEFI market is extremely bullish with double digit gains every day lately. Look at DOT as well.
Therefore some of those profits are looking into investing in the next best thing and CRV is pretty high on that list. Also check my top 10 altcoin picks below for more on that.
Let me know what you think?
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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.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)