Crvusdt
Analysis of CRV/USDT Market DynamicsThis analysis centers around the CRV/USDT trading pair. By comprehensively considering multiple factors such as historical price movements, trading volume changes, technical indicators and the macro market environment, it delves deeply into the underlying logic of price trend formation, dissects the driving forces behind the volatility, and attempts to discover the potential investment opportunities therein. The aim is to provide cryptocurrency traders and investors with a comprehensive and in-depth interpretation of the CRV/USDT market and a reference for decision-making
CRVUSDT Potential Long Term Accumulation-DistributionAs On 01June 2024
In this analysis, we focus on a long-term accumulation strategy for CRVUSDT.
Accumulation Zones:
$0.4720: Identified as an accumulation entry point for 10-20% of your position. Potential price movement of approximately 10-15%.
$0.4300: Stronger accumulation zone for an additional 5-10%. Potential price movement of 20-25%.
$0.3750-0.3300: Critical demand zone, optimal for accumulating 10-20% of the position. Potential price movement of 35-45%.
Distribution Zones:
$0.7000: First major distribution zone for partial distribution of accumulated assets (1-5%). Potential price movement of 50%.
$1.1410: Next distribution zone for further distribution (5-10%). Potential price movement of 145%.
$2.0974: Higher distribution zone, ideal for 10-20% distribution. Potential price movement of 305%.
Volume Analysis: Increased volume at support levels indicates strong buying interest and validates accumulation zones.
Current market sentiment shows a mix of consolidation with potential bullish reversal signals, supported by the harmonic pattern and volume spikes at lower levels.
This long-term accumulation strategy for CRVUSDT focuses on systematically entering positions at identified accumulation zones and distributing at key distribution zones. This methodical approach aims to capitalize on both the technical patterns and market sentiment, ensuring a balanced risk-reward ratio.
Additional Details about Curve DAO Token (CRV):
Market Cap: Approximately $400 million
Fundamentals: Curve DAO Token is a decentralized exchange optimized for stablecoin trading. It provides low slippage and low fee swaps between stablecoins, making it an essential component of the DeFi ecosystem.
Potential: Increasing adoption of DeFi and the need for efficient stablecoin trading solutions.
Previous Idea:
TradeCityPro | CRVUSDT Favorite Among Ethereum Whales👋 Welcome to TradeCityPro Channel!
Let’s analyze CRV, one of the older and more popular coins in the DeFi space, previously a staple in many crypto whales' wallets.
🌟 Bitcoin Overview
Before diving into CRV, let’s take a quick look at Bitcoin. It recently hit a new ATH but faced a heavy rejection on the 1-hour timeframe, triggering significant selling pressure in the market.
Remember, these kinds of candles are typical during bull runs. They may appear bearish on higher timeframes, but they often induce FOMO and panic selling, leading to potential buying opportunities.
📅 Weekly Timeframe Analysis
After losing its critical support at 0.4107, CRV dropped to 0.2219. Following a decrease in selling pressure, the coin consolidated for several weeks in a box range.
With renewed whale interest, significant buying volume pushed the price up by 350%, breaking the box and daily resistance. The rally was capped at 1.2060, where CRV has been trading below for the past two weeks.
If you entered the market after the box breakout, you should already have a reasonable profit. You can either take partial profits or withdraw your initial investment, holding the remaining position as "free tokens."
If you missed the rally, it’s currently not an ideal entry point due to the large stop loss required. Wait for either a time-based correction (range-bound movement) or a price correction to 0.8065, which serves as the next major support level.
🌞 Daily Timeframe
On the daily chart, CRV moved upward after breaking out of the 0.2219 – 0.3169 range and is now trading below the 1.251 resistance.
Support: 1.0522 (lower timeframe), 0.7985, and 0.6217 for potential price corrections.
Resistance: A break above 1.251 could lead to higher price targets, with the first at 1.9109.
breakout above 1.2510 may provide a momentum-based entry, but it’s riskier than the earlier entry at 0.3169. Wait for confirmation, such as volume increase and RSI movement, before entering.
⏰ 4-Hour Timeframe
On the 4-hour chart, CRV has tested the 1.2693 resistance twice. This level could act as a key trigger for future positions.
📈 Long Position Trigger
Open a long position after breaking 1.2693, with confirmation through increased volume and RSI entering the overbought zone. This is a weekly resistance, so a fake breakout is likely if volume is low.
📉 Short Position Trigger
No short positions are being considered for now, as they go against the current trend. Instead, focus on finding setups in other coins or monitoring CRV for better opportunities.
💡 BTC Pair Insight
Against Bitcoin, CRV has been in a prolonged downtrend but recently started to recover after breaking 0.00000528. However, the real bullish movement will begin only after breaking 0.00001223, forming higher lows, and continuing its upward trend.
Avoid FOMO. If you miss CRV, there are plenty of other opportunities in the market.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
The One Thing Everyone's Missing About CRVUSDT - Curve◳◱ On the BINANCE:CRVUSDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 1.4705 | 1.7378 | 2.4061 and support near 0.8022 | 0.4012. Entering trades at 1.2631 could be strategic, aiming for the next resistance level.
◰◲ General Information :
▣ Name: Curve
▣ Rank: 99
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Hitbtc
▣ Category / Sector: Financial - Decentralized Exchanges
▣ Overview: Curve Finance is a decentralized exchange optimized for low slippage swaps between stablecoins or similar assets that peg to the same value (e.g. wBTC/renBTC). The protocol employs a Automated Market Maker that was built specifically to give DeFi users low slippage and liquidity providers steady fee revenue.
◰◲ Technical Metrics :
▣ Current Price: 1.2631 ₮
▣ 24H Volume: 138,006,035.406 ₮
▣ 24H Change: 6.943%
▣ Weekly Change: 4.76%%
▣ Monthly Change: 327.13%%
▣ Quarterly Change: 351.68%%
◲◰ Pivot Points :
▣ Resistance Level: 1.4705 | 1.7378 | 2.4061
▣ Support Level: 0.8022 | 0.4012
◱◳ Indicator Recommendations :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Summary of Technical Indicators : BUY
◲◰ Sharpe Ratios :
▣ Last 30 Days: 9.88
▣ Last 90 Days: 4.84
▣ Last Year: 1.00
▣ Last 3 Years: 0.20
◲◰ Volatility Analysis :
▣ Last 30 Days: 1.89
▣ Last 90 Days: 1.32
▣ Last Year: 1.11
▣ Last 3 Years: 1.12
◳◰ Market Sentiment :
▣ News Sentiment: N/A
▣ Twitter Sentiment: N/A
▣ Reddit Sentiment: N/A
▣ In-depth BINANCE:CRVUSDT analysis available at TradingView TA Page
▣ Your thoughts matter! What do you think of this analysis? Share your insights in the comments below. Your like, follow, and support are greatly valued and help sustain high-quality content.
◲ Disclaimer : Disclaimer
The content provided is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and consult a qualified professional before making any financial decisions. Use of the information is solely at your own risk.
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Curve DAO CRV price analysis🤑 Did it really happen?) CRYPTOCAP:CRV price has finally “really” come out of the 3-year down trend. A confident breakout, on high volumes, "just like a book says".
💰 Now OKX:CRVUSDT price has hit the mirror level, so we can assume that the correction may be delayed to gain strength to break higher.
A correction in the range of $0.43-0.67 fits into the canons of wave analysis and will not break the structure and growth trend.
And the global 5th wave of growth #Curve DAO token can be expected at least to $4.10-5.50
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Is #CRVUSDT About to Explode? Here’s Why You Can’t Afford to MisYello, Paradisers! Are you prepared for what could be a massive game-changer in the market? Let’s dive into our latest analysis of #CRVUSDT and see what’s brewing!
💎#CRVUSDT is hovering around a critical support zone at $0.2944, showing strong potential for a bullish continuation We’ve been closely monitoring #CURVE as it follows a falling wedge pattern, and after a perfect breakout, it has successfully completed a retest of the descending resistance signals that the bulls might be gearing up for action. The next key level to watch? The internal minor resistance at $0.5249.
💎If #CRV can hold its ground at this level, we could witness a significant bullish rally, echoing previous major market moves. A decisive breakout above the crucial $0.5249 resistance could set the stage for a surge toward even higher resistance zones.
💎But remember, caution is key. If momentum fades at this critical juncture, a pullback to the lower demand area around $0.2431 is on the table. A daily close below this level could invalidate the bullish outlook and lead to further declines.
💎Stay sharp and keep a close eye on the price action. The next move could define the trajectory of #CRVUSDT in the coming days.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
Curve DAO (CRV)Curve Finance is an Automated Market Maker based Decentralized Exchange (DEX) that focuses on allowing users to swap between assets that have very similar underlying value at the lowest slippage.
Anyway, it seems CRV is oscillating in a wide sideways channel. Currently, CRV is at the bottom of this channel, a good place for both spot and future traders to consider. Let's see what happens.
CRVUSDT Potential Long Term Accumulation-DistributionIn this analysis, we focus on a long-term accumulation strategy for CRVUSDT.
Accumulation Zones:
$0.4720: Identified as an accumulation entry point for 10-20% of your position. Potential price movement of approximately 10-15%.
$0.4300: Stronger accumulation zone for an additional 5-10%. Potential price movement of 20-25%.
$0.3750-0.3300: Critical demand zone, optimal for accumulating 10-20% of the position. Potential price movement of 35-45%.
Distribution Zones:
$0.7000: First major distribution zone for partial distribution of accumulated assets (1-5%). Potential price movement of 50%.
$1.1410: Next distribution zone for further distribution (5-10%). Potential price movement of 145%.
$2.0974: Higher distribution zone, ideal for 10-20% distribution. Potential price movement of 305%.
Volume Analysis: Increased volume at support levels indicates strong buying interest and validates accumulation zones.
Current market sentiment shows a mix of consolidation with potential bullish reversal signals, supported by the harmonic pattern and volume spikes at lower levels.
This long-term accumulation strategy for CRVUSDT focuses on systematically entering positions at identified accumulation zones and distributing at key distribution zones. This methodical approach aims to capitalize on both the technical patterns and market sentiment, ensuring a balanced risk-reward ratio.
Additional Details about Curve DAO Token (CRV):
Market Cap: Approximately $400 million
Fundamentals: Curve DAO Token is a decentralized exchange optimized for stablecoin trading. It provides low slippage and low fee swaps between stablecoins, making it an essential component of the DeFi ecosystem.
Potential: Increasing adoption of DeFi and the need for efficient stablecoin trading solutions.
CRV/usdt buying idea hi everyone im msnp
ok today we have CRV i think he has good potential for mid term like 6 month to get above 1$
we hit ATL and bonus up and before any major pullback we saw 0.36 now we are in a correction but when bull trend start? i think we have to test 50% of W pivot ( 0.27 -0.26 ) and we have a expending triangle but the important thing is BTC how he is acting in this period of time
i think we are in a good phase
TARGET 1 : 0.50 %
target 2 : 0.85%
target 3 : 1.5 %
CRV deviation before major breakout ?CRV / USDT
Price broke down its historical major support to reach new all time low after bad news recently
At this point its either accumulation or distribution …I think more its accumulation… the buying here could be an opportunity but also has a potential risk for continuation of downtrend
However, if the price can reclaim the major support again it will become less risky with more confirmation for uptrend
Best of wishes
#CRV/USDT#CRV
The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.5250
We have an uptrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.3000
First target 0.4000
Second target 0.5071
Third target 0.5071
CRV has(bottomed??) some solid potentialJust what I could see for some potential here.
I will 99% chance have sold it before .618.
Institutional money is obviously flowing around and this something that's making a beautiful bottoming structure.
Could still go down another 40ish% but I'm playing as if the bottom is in.
NOT FINANCIAL ADVICE
CRVUSDT 1H - Needs to break the triangleCRVUSDT 1H - Needs to break the triangle
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CRVUSDT 1H - Needs to break the triangle
CRV is in a critical resistance zone of the triangle that it has been forming.
If you want to join a bullish rally, you must break these levels. Otherwise, the price structure will deteriorate more and more and it will no longer be attractive to hold.
LEVELS:
TP: 0.38
BUY: 0.267
SL: 0.255
SUPPORT: 0.21
Good luck in your decision making.
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Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or the other, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
CRVUSDTThe retest of the zone has been longer than i supposed, and it was a bit more deep.
In spite of this, the trade is still valid.
The green zone is placed there for trade cancellation, in case if price would fix up below the zone.
Keep an eye on 0,32 reaction.
Targets are on chart
RR is more than 5 even on the first target.
NFA
DYOR
CRV/USDT Trading Scenario UpdateThe asset is currently trading at $0.2568, which is significantly lower than its local high of $6.7862—a decline of over 97%. However, despite this drop, the Curve Finance platform continues to draw attention from market participants, maintaining a Total Value Locked (TVL) of $1.8 billion, indicating a high level of trust in the ecosystem.
Volume profile analysis shows considerable interest in the asset within the current price range, which could signal the formation of a strong support level. Increased trading volumes further suggest heightened buyer activity, creating potential for a price recovery.
CRVUSDT 4H - LONGS within the bearish channelCRVUSDT 4H - LONGS within the bearish channel
If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated Trading tool so that everyone can apply their strategies VISUALLY and PROFESSIONALLY, as we present in the analysis.
Thank you!
____________________________________________________________________
CRVUSDT 4H - LONGS within the bearish channel
CRV is the CURVE token, one of the most important platforms of the DEFI system.
CRV is within a bearish channel that has been correcting its value from $1.30. Within this channel, it is beginning to create a floor and a reversal figure that can generate large profits as long as we respect the SL.
LEVELS:
SL: 0.2424
Resistance 1: 0.5052
Resistance 2: 0.62 (top of the bearish channel)
TP: 0.902
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Crypto Trading Automated Bots:
You can configure all these strategic alternatives with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downwards or upwards, for the orders to be executed in one direction or the other, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and will soon be ready for BETA testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
DreamAnalysis | CRVUSDT Whales Exiting Positions👋 Welcome back to DreamAnalysis! Today, we’re analyzing CRV (Curve), a major player in the DeFi space, and exploring its future potential.
🔍 What is Curve (CRV)? Curve is a decentralized finance (DeFi) platform specifically designed for the efficient exchange of stablecoins and similar low-volatility assets. Using liquidity pools and automated market-making (AMM) algorithms, Curve allows users to trade their digital assets with lower transaction fees and minimal price slippage.
📊 Weekly Timeframe Analysis: Key Support Lost
In the weekly timeframe, we lost a crucial support level at 0.4070, resulting in a massive 40% drop. After this steep decline, a new support has formed. This drop occurred with significant volume, and it’s clear that most whales have exited their CRV positions, leading to a sharp reduction in total value locked (TVL) on the Curve platform. Many of these whales seem to have migrated to AAVE.
⚠️ Selling Strategy: If you haven’t sold your CRV yet, it’s recommended to sell after a break below 0.2441. Until CRV recovers above 0.4070, it’s too risky to consider buying.
📈 Daily Timeframe Analysis: Sellers in Control
On the daily timeframe, the downtrend continues. We were unable to break above the previous high at 0.3517, highlighting the strength of sellers.
We are currently sitting on a significant support level, but if it breaks, further declines are likely. Given the lack of support from whales and major holders, a further drop seems more probable.
📉 RSI Watch: If this support is broken and RSI enters the oversold zone, crossing below 26.28, we could see an even more severe decline.
⏳ 4-Hour Timeframe Analysis: Short-Term Range
In the 4-hour timeframe, after getting rejected at the 0.3193 resistance, CRV has now dropped into a short-term range between 0.2496 and 0.2650.
📉 Short Position:
Our trigger for a short position is clear. After a break below 0.2496, you can open a short position with a target of 0.2245.
📈 Long Position:
For long positions, better coins are available, like SUI. However, if necessary, you can consider opening a long position after breaking above 0.2650, but only if a higher high and higher low form. Be warned—this is a highly risky move.
🔍 Conclusion: At the moment, CRV shows more bearish potential. It’s crucial to manage risk, wait for confirmed signals, and keep an eye on market developments before taking any action.
💬 This wraps up today’s analysis. If you found this helpful, feel free to share it with your friends and leave a comment with your thoughts or any other pairs or coins you’d like us to analyze.
📌 These analyses are merely our ideas based on a chart that doesn’t follow strict rules. Technical analysis is an art, and these insights are not financial advice.