CRV/USD - Path to $3 is set... 🚀🚀🚀CRV broke out of the ascending triangle in blue after doing a beautiful retest of resistance turned support (top of the triangle) yesterday.
This confirmed that we will have continuation and a higher price level. This was confirmed today and we're clear to go to at least $3 before facing any significant resistance.
If we manage to break $3 then we're clear to re-test our local high at just over $3.6. After that, FOMO is in order.
The indicators are also looking sexy, MACD is positive with a nice cross, RSI is expanding up and volume is not that bad... great.
Bias remains very bullish on CRV so far we keep price above $2.4 which is also our support.
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Crvusdt
CRV/USDT - Triangle BreakoutOn the daily char t, the market price broke the triangle with bearish trend line and went up.
After that, a retest of a new support zone was carried out, now the price can continue to move up.
Also, a double bottom formed before the triangle was broken, which confirmed to us that a breakout would be made.
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This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
PayPal to Buy Curv Crypto Custody FirmPayPal is reportedly buying Curv, an Israeli crypto custody firm, for $200 million - $500 million.
Curv has raised funds from Coinbase Ventures and DGC as well as integrated with the Compound protocol.
graphically, I think we are in for a strong rise.
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Curve (CRV): All levels to watch!I made a simple cheatsheet for you, look to levels.
My Bias: Bullish
Basis:
4H MACD: Bullish
4H RSI: Bullish
EMA 12H: Support Price
Volume 1H: Increase
look nice to me, be patient.
BTC: 1Gro97DoABk7BMegn5TKopmMXLKQefej9r
XRP: rw7wnYPy8ZR542piPUNcz8fzmkNZY27WXS
BNB: bnb1r2r3rzad7v0lkmhr4kn6wp5stsr7ur8gknvqp2
UNI: 0x112F395E94a7084Ca6dAa9Ba1462192Ac56570F5
USDT: 0x112F395E94a7084Ca6dAa9Ba1462192Ac56570F5
Do it🔥Traders are most motivated workers, wolves🔥
There is a great trade opportunity for you.
Symmetrical triangle on CRVUSDT.
Previous bearish trend was broken, so it may be a good signal for bulls to wake up.
According to Elliott Waves theory all the waves are done and the price is heading to the breakout.
Follow the chart and look for the breakout carefully.
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CRV/USD - I smell pump in the air! $3 soon. 🚀CRV is compressing here in this ascending triangle and there is not much space left for CRV to move... soon we need to breakout... my bet is up. :D
On daily the indicators are looking healthy with a MACD which is timidly hovering on the positive side awaiting that juicy pump to happen and RSI is pushing higher.
On 4h we also crossed on the positive side on MACD with increasing volume so if we don't breakout here, then we still have room for another try. If both fail then we may need to revisit support to refuel.
For now I remain bullish on this chart. CRV also appears to be ending a large correction before a last fifth leg up in a nice large Elliot Wave structure.
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CRVUSDT (CRV) - POTENTIAL BREAKOUT ANALYSIS 🔎
- CRVUSDT is resisted by the descending trendline resistance (DTR).
- Price is testing the descending trendline resistance (DTR).
- Price action is printing a symmetrical triangle (ST) pattern at the test zone.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below symmetrical triangle's inclined support.