Crvusdt
CRVUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has been able to break its resistance line and start fluctuating in a channel. Friends who are not amateurs can trade. But friends who do not want to take a risk wait for the price to leave the channel and then enter the trade.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
CRV to the moon?2HR chart of CRVUSDT broke the neckline of cup & handle, overcame the upper resistance of ascending channel, had a nice and victorious pull back/retest and got MA10 way down! So (CONSIDERING THE STABLE MARKET AND NO HARMFUL TWEETS FROM SOME GUYS WITH MENTAL ILLNESS!) if it could be able to pass the regression channel higher limit, will climb upstairs to 0.786 fibo or even higher.
Trade Safe
CRV/USD - Bullish price action facing its first test! $2.4CRV has done a nice recovery so far, pumping *only* 115% since the bottom on 25 May.
Now we have bullish indicators on daily, with MACD doing a bullish cross on the moving averages + a positive histogram. RSI moving higher as does StochRSI... all things point up.
BUT!
Do you see that resistance at $2.4? That is a nasty one. I'd be surprise for us to move above it without a fight. We could be rejected here this time, then later we can push higher.
If we do go above it and make it support, then we're back in business and the next target is $2.8 and later above $3.
Finally some excitement in the market. I am somewhat bullish for now since if ETH/BTC (my ideas linked below) push above their current resistance levels, all market will be lifted. Lets see.
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RISK DISCLAIMER:
Not a financial advice. This is MY Speculative setup. Do your own due dilligence.
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is suitable for you.
As such, take my posts as a form of entertainment and NOT Financial advice.
As Markets can always change due to factors, Always be prepared to take profits off the table and run with free money.
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🔸 Summary and potential trade setup
Short CRV 4hour chart
::: Point Of Entry – 1.74
::: Point Of Exit – 0.6
::: Period : One/ Two week period from date of post
::: Potential : Approximate 67% profit depending on Point Of Entry
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RISK DISCLAIMER:
Not a financial advice. This is MY Speculative setup. Do your own due dilligence.
If you like my content, please subscribe to me on Tradingview.
If you don’t, please be kind and don’t be mean as everyone has their unique perspective on trades.
Thank you
CRV: An Obvious Accumulation before MASSIVE RALLY!CRV is currently building up an ascending pennant after forming a cup and handle shape since its beginning. Accumulation has been going on for several weeks with the price squeezing into the 2.951 to 3.651 range, which likely forces a break up out of the pennant resistance (3.548). Currently it has rebounded strongly out of the 2.4 support line, where the 0.618 fib level is, this validates 2.4 as the support we see it not to break for further bullish momentum. A breakout of the pennant with bullish volume and Price action will see a retest of 3.652, where we can increase position sizes on the dip or make a new entry with confirmation.
Entry around 2.951 - 3.2 (support zone at the bottom of pennant confluence with 0.786 fib level)
Targets are 4.488 (previous ATH), 5.629 and 6.746
Stop loss below the pennant and support line of 0.618 around 2.091 (can below to allow for some volatility)
CRV/USD - Approaching decision time - pump or dump! 🤣CRV price is running out of room between support and resistance and the range is getting shorter as indicated by the blue triangle.
Sooner or later CRV will need to break out. My bias is we will break above and go towards $4 and then quickly to $5.
The indicators are a bit flat as we've been ranging in this area for some time, however, every time we made a higher low! This is bullish. A clean break on volume above $3.7 should give us a nice boost to reach our higher targets.
The volatility on CRV was quite impressive lately with 20% moves from one day to the other, which provided a great profit potential for swing traders.
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