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Crvusdt

CRV USDT 08-10-2022 Technical AnalysisWe can predict that prices will drop to 0.860 during the day. No matter which way we look at it, you can see more than one bearish pattern in the hourly time frame. I expect that in the short time frame prices may be in the range of 0.870 and 0.820. When we extend the time span a little more, we can predict that this decline is a precursor of an increase. Because instead of the descending triangle, the descending wedge formation can be seen in the graph as 4H. Things get a bit messy in the daily time frame. If we accept that the truth is the large time frame, we can accept the measurement we make in the daily time frame as a more accurate measurement. If we expect the D leg of the harmonic pattern to be completed to match the levels of 1.618 Fibonacci, prices may drop to 0.790. When we examine the graphic pattern of the region in which current prices are located, we see a descending triangle. If we calculate the depth of this triangle, we can predict that prices will remain in the range of 0.790-0.750. When you follow the downward trend within the Fibonacci channel, you can actually see that prices are close to recovery. The regression channel seems to have been crossed. In short, I expect the prices to move a bit down first. Then its upward movement will begin. Note: this is not investment advice.
Short
by CryptoBrainn
#crvusdt CRV The trend is a changing. Get long#crvusdt Curve Finance is one of my favourite Defi coins. it looks like the big picture trend is changing from downtrend to uptrend. This is higher probability trading as the underlying platform is solid and the technical is lining up. If not for the red volume candles this would be a lock. But still definitely worth a shot. Target 1 is 1.8 but there is a lot more potential upside if we make that. Volume. red volume bars are dominating so make sure you set the stop. STO is low allowing sufficient upside to jump up. RSI is higher on the recent selling showing weakness in selling. Price 1.11 Stop 0.95 Target 1.8 (yes that is 60%)
Long
by thecryptochart
2
CRV Trend AnalysisWhen we examine the chart in the weekly period, I think the main pattern is complete. We can think that the formation of a new movement has started or is about to begin. Looking at the weekly and monthly support and resistance zones with Schiff pitchfork, we can think that prices are not too high for trading. We can accept the $0.900 levels as support as weekly or even monthly support. I don't think this region can be crossed. Still, piecemeal trading can be a sensible option to avoid risk. On the upward trend, we can also see that the weekly and monthly major resistance is at the $1,700 levels. At these levels, selling piece by piece again can mean more and risk-free profits. When we follow the downtrend using the Fibonacci channel, I think that the downtrend is weakening and now there is a tendency for prices to move out of the channel. Assuming that it will enter an uptrend at the same angle, I cannot say anything about the unrealized price at the moment, but I believe that the fibonacci upper channel 1.618 level will work as resistance according to the position of the price in the future. For example, the place where the price coincides at that moment is the price equivalent to 1,618 on the channel we have drawn now, and if the price is 2 dollars, 2 dollars will work as resistance. Or if the price is $1.7 and the channel is above the 1.618 line, we can think of it as the resistance of $1.7 at that time, not $2. You have the possibility to test this when prices turn upwards. When we look at it with Renko candlesticks, I think it is clearly trying to complete a harmonic pattern. Based on the previous accumulation area and considering the pattern that can emerge over the harmonic pattern default values, we see the levels of 0.870 -0.900 dollars. This gives the same result in synchronous with other types of candlesticks. If we imagine this harmonic pattern as complete, one of the major resistances it will encounter will probably be fibonacci 1.618. When we examine the chart, we can see that the resistance levels coincide with the previous supply zones as well as the support levels. Since these are weekly and monthly resistance levels, I think there will definitely be a sales reaction. Apart from these, I observe that there are patterns that give their first signals. But since the data has not yet been generated and I cannot measure it, I cannot talk about them for now. We can talk about this when the D leg of the last harmonic pattern that I expect to occur is formed. In summary, I think that the price movements will be shaped as 0.900-1.5 and 1.8 respectively. Note: This is not investment advice.
Long
by CryptoBrainn
CRVUSDT 3D CRV buy zone before a potentially good move upToday we will consider the trading pair CRVUSDT Our attention was drawn to the fact that CRV buyers held the price above the strong mirror level of $0.95-1 during yesterday's market decline. As we can see from the history of CRVUSDT trading, this zone often played the role of critical support and resistance levels. In general, currently, the CRVUSD price made a rather weak correction after the growth since June 2022. This may indicate one of two things: either the correction is not over yet, or CRV holders and buyers are aiming to break through the trend line and push the price higher in the near future. To cover both assumptions at once, you can place buy orders in a wide range of $0.82-1 and the result can be a tasty average price. An additional fact that there are prospects in the Curve Finance can be evidenced by the top of protocols with assets placed and locked in them (TVL) 1. MakerDAO ~ $8.0bn, 2. Lido Finance ~ $6.8bn, 3. Curve ~ $5.8bn 4. Uniswap ~ $5.6bn 5. AAVE ~ $4.7bn _______________________________ 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 :)
by P_S_trade
31
CRVUSDT: Ready for a pullback?CRVUSDT is back at it in a couple day uptrend. When will it end? Here's my take. I see a very slight market structure break on the 15m that leads me to believe we may tap liquidity highs once more before we descend. The 768 retrace and monthly pivot point (short zone 1) could certainly hold as the final level of resistance before a reversal. If not, we are tackling liquidity in the 1.23 (short zone 2). Look for an entry within the short zones and be patient. Perhaps market structure/price action will tell us something else when we get back up there. TP targets 1 and 2 shown. TP target 1 is sandwiched between the potential up move and old down move 0.5 fibs, TP target 2 is based on volume profile. Simple and easy trading plan with solid risk to reward if you are willing to anticipate the countertrend move.
Short
by upslidedown
$CRV - Finally Time To Break The TrendiHello my Fellow TraderZ, I had shared my idea regarding $CRV few days ago on 4 HTF where I had mentioned that price has broken the Downward Trend on 4H, but still stucked and testing the range low support. Today, once again I'm here with DTF Analysis on $CRV. Here it is clearly visible that Downward TrendLine has acted as Super Strong Resistance which clearly rejected the price 5 times. It would be interesting to see that is this time different or we gonna see some weakness of TrendLine! Incase of breakout upward expecting 1:4 RISK-TO-REWARD while on rejction it is 1-4.5 R:R. Thank you for taking out your time and read.
by TRADER-GOKU
3
CRV at strong support and top of descending channel (LONG?)Ive been watching CRV for some time now, and its been following this channel like clockwork for what feels like ages! Its finally hit a critical point where its landed against a very strong support while also sitting quite close to the top of its channel. If CRV rejects off the support and pushes up and out of the channel, i expect to see upside to about the 786 fib level ive designated in the chart (green arrow) if, however, the support doesn't hold, we could potentially see a free fall!
COINBASE:CRVUSDLong
by AomoriAkuma
2