Crvusdt
Curve | CRV at a potential reversal pointCRV currently trades below its MA50. Once it moves above $2.42 and closes above the MA50, I would like to enter and aim for at least $3.3, preferably higher.
What is interesting is that the volume hasn't been so low since last July. So, hopefully we can see some volume move into CRV and lift this off towards my targets.
If CRV cannot cross $2.42, I can see it dipping towards its white dashed support line.
Let's see how this plays out.
Thanks for your support.
Have a good one.
CRV is Bullish asfCurve coin is Pumping up!
Hold on to it for a while
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Trading above resistance
Positioned above EMA (55 and 21)
MACD depicting bullish momentum (convergence)
RSI 66
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Targets (long and short) provided in the chart
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Happy trading folks, make money, be rich!
CRV 27 % Buy setuphello !!!
everything looks good.
risk to reward = 2.3
the stop is the previous low + ATR(14) and the reason is if BTC drops to 45 k , altcoins will drops a little bit too
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CRV weekly chart.
we got bullish hidden Divergence which one , pointed with arrows.
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not financial advice !
stay safe.
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let me know what do you think and share your ideas and charts
thank you.
Update For CRV/USDT Analysis 📈📉WHATS UP GUYS ?!
In the past analysis that I posted for CURVE , It failed to rise as much as I expected ,Although it it reached to first Resistance zone that I figured before but it declined and it wasn't able to rise for touching higher targets
so now!
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📊Technical
As you can see on weekly timeframe for CRV/USDT ,since oct 2020 ,It was advancing in a ascending channel
and fluctuating between higher bound and midline of channel for long time . recently it went down below pivot zone level and now I think if doesn't succeed to return back above this zone and midline of channel it will fall more even to volume gap as its next support or on the lower bound of channel. so this weekly candle or the next one can determine the possible trend of crv in the mid-term , but in the long term in order to reach and touch the supposed targets and tp ,it probably should be accompanied with the growth of defi projects and btc at the same time
🛑resistance level: $2.873 -$3.14/// $3.59- $3.9///$2-$2.34/// ascending trendline of channel
🆚pivot zone: $2.15-$2.5
❇️support levels: $1.02-$1.24 ///$0.56-$0.79///ascending trendline of channel
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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CRVUSDT - Falling Wedge PatternCRVUSDT (1D Chart) Technical analysis
CRVUSDT (4h Chart) Currently trading at $2.12
Buy level: Above $2.23 (Buy after Breakout)
Stop loss: Below $1.80
Target 1: $2.67
Target 2: $3.33
Target 3: $4.60
Target 4: $6.5
Max Leverage 2x / Spot Market
Always keep Stop loss
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