Crvusdt
CRVUSDTCRV/USDT 4H
The currency has fallen in recent weeks, which can be said to be a break from the price pump in the last two months.
Now that the downtrend has been broken, we can expect the price to move up.
By considering the Fibonacci lines, the trend can be described in more detail. As you can see in the chart.
It seems to be a good position to swing
CRV/USDT - 4h - Analysis published on 03/12/2021Hello World, it’s Cosmo 👩🚀 … and – as the general market – I’m back on the Moon. Everything good here … Moonraker (my Crypto Hedge Fund) is doing very well and gained lots as the general market was soaring.
Now it’s time to re-balance as our longs have gained weight in the fund (together with the market). We need to increase the shorts now again. Today I’ll analyze the Curve DAO (CRV) Token against USDT:
So, let's get started 😃 … Summary of the Analysis: CRV/USDT (4 hours time frame)
Trends: Short Term - Bearish & Long Term - Strongly Bearish
Crypto Screener™ (by TradingView) Rating: SELL
Technical Indicators (by TradingView & intotheblock): STRONG SELL
- Summary: 18 Bearish; 8 Neutral & 0 Bullish
- Oscillators: 4 Bearish; 7 Neutral & 0 Bullish
- Moving Averages: 14 Bearish; 1 Neutral & 0 Bullish
Fundamentals: SELL
- Circulating/ Max Supply = 7% --> STRONG SELL
- No Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto)
- No SIMETRY™ Rating (by Crypto Briefing)
- No Rating by TokenInsight
- No Asset Score™ by TokenInsight
- No Dynamic Performance Score™ by TokenInsight
AI (Artificial Intelligence) by CENTRALCHARTS: STRONG SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): neutral
- 4h (4 hours frame): negative
- D (1 day frame): neutral
- 7d (last 7 days): neutral
My Opinion: SELL - Bearish under USD 2.640
My targets: USD 1.620 (-23.4%), USD 1.257 (-40.5%) & USD 1 (-52,7%) from current price level
CRV/USDT follows a strong bearish trend since ATH (all time high) on 02/06/2021. Traders may consider only short (sell) positions if the price stays well below USD 2.640 (Stop Loss Level = 1st light green line above current price; +24.9% from current price level). Next support levels are indicated as light red lines in the chart. A bearish breakout below a support line would increase bearish momentum.
Signal Force (0-10): 8 = very strong force
To sum up my opinion: I’m convinced that the Curve DAO Token is substantially overpriced with the recent PUMP ACTION and will retrace back to it’s lows from before the parabolic move (around 1 USD).
We broke monthly VWAP (volume weighted average price) downwards 2 days ago (on 03/10/2021) which is a strong SELL signal.
Please note that as a Hedge Fund Manager I would NEVER go outright short = only sell short ... I always have potentially overperforming coins or tokens long against the shorts!
The trick is, that (because of good research) the longs perform better than the shorts in all market situations.
Like and follow as the next analysis will focus on over- and underperforming (compared to BTC) Coins or Tokens again.
With this information you'll then be able to go LONG potentially overperforming Coins/ Tokens and to go SHORT potentially underperforming Coins/ Tokens and to do what the big guys do 🤑: Organize your Crypto Portfolio as a Hedge Fund.
Heard about this? With this successful trading strategy😍🍀💵 you'll be able to make money in all market situations and independent from the price action and level!
Happy trading everyone … comments welcome!
Published on 03/12/2021, 12:00 PM (UTC+1)
CRV/USDT - High Probability of Bullish W PatternHello traders and community, today I will tell you shortly about the situation of CRV/USDT
Trend analysis
- As you can see from the CRV/USDT daily chart, the price of CRV started moving upward for testing current resistance zone (red rectangle) and so forming bullish W pattern. Right now CRV is still in range trend between two main zones (green and red rectangle), and we as traders need to wait for a breakout to open our trade position for making profit. As a trader, I recommend to put long position up to 2,9 price level for lowering risks (possible scenario on the chart). Resistance level is situated on 2,945 price level and Support level is located near 1,704 pricel level. Overall trend of this pair stays bullish and therefore it's great opportunity for trading and investing. Always check trustworthy signals before open your trade position!
Chart pattern
- Range pattern (functioning)
- Bullish W pattern (forming)
Technical indicators
- RSI: market is still in boarders and is located near 50 level (not overheated, Bull signal)
- MACD: MAs are prepared for upward movement + they get closer to each other (Bull signal)
- BB: Volatility of the market started stabilizing after volatile movement accomplished (Neutral signal)
- MA (10,20): MA10 is going upward to the level of MA20 (Bull signal)
= Overall bull signal movement
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P.S.: Information provided is only educational and should not be used to take action in the market.
PayPal to Buy Curv Crypto Custody Firm- new high(again) maybe.maybe it can retest the support zone and buy from there.
green- support rejection
black-stop loss breakdown.
no Take profit cause we going andromeda .
not a finnancial advice just bananas . ktnxbye
a bit of a old news but maybe still a factor .
CRV/USDT Prediction AnalysisGood morning to all respected Investors and Traders,
I made a simple analysis for CRV/USDT
There is always a health correction after a long run..
So, I suggest you guys to be patience, always DYOR before entry the market
I reckon you guys to entry at my sign, HODL, be patience and take profit at my sign "potential target 1,2 and 3.."
Patience is the key..
Stay humble, stay hungry and stay foolish..
Make your own analysis sounds better :))
Critiques and comments are super appreciated
Happy trading y'all !!
Good luck!
Best,
PS: This is not financial advisor. Please DYOR before entry the market.
crv usdt looks bullish fantastic buy opportunityLook at CRV ysdt chart 4H chart its sqeezing between these 2 trendlines I believe at 2.00 USD is fantastic buy opportunity 2.00 first is round number and psyhologival level
many many traders put orders with round nuumbers maybe only because they lazy put multiple numbers and for sake of simplicity, then we have fibonacci line very close plus trend line if it breaks upper trendline be ready for big profits 3.00 easy with futures trading 10X its 300% profit!!! This is insane thats why I like crypto with forex you wait years for pair price to increase by 30% with crypto it can happen in days. And technical analysis works exactly same i have feeling even better as in forex. In forex is too many manipulatons but in crypto with smaller coins I have feeling its less manipulated. Odds are very decent for this long. Put SL around 1.9 area
CRVUSDTCRV just became the hottest coin on Binance, with a 30% move up and still pushing up the Bollinger Bands... Very exciting!
Now if some on you guys want to jump in, I would advise to holding on and see if this candle can stay above $2.44.
If this 4H candle is confirmed, then go ahead and open your positions for the TP1 and TP2 as shown on chart. Don't get greedy tho.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
Comment if you need a chart 💬
CRV | Great Chart Pattern - S/RCRV made a great chart pattern in 15m timeframes. I think it goes like the path I've drawn.
There are multiple support/resistance areas as you can see in the chart with horizontal lines.
I think it'll be a great entry point to make %16 profit in the coming days.
How do you think?
CRV/USD - Breakout towards $4! 🚀🚀🚀CRV did a very nice break of resistance yesterday and today we pumped nicely over 20%! Not bad right?
Now we are brushing against the resistance at $2.5, but unless BTC spoils the fun we should be good to go higher and re-test our previous high at $3.7. CRV still has a long way to re-test its old ATH, therefore, long term I expect CRV to push much higher towards $5 and above.
Now we need to cooldown a bit around this level before we can push higher, as indicated by the 4h indicators. However, on daily timeframe, CRV is just turning bullish, so I expect a nice continuation of this bullish momentum.
Bias is very bullish and remains so until BTC or ETH for some reason decide to dump below their previous support.
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CRV back to my top 3 - Altseason 2021The next alt season coming in the next 4-6 weeks should be one of the biggest bullrun ever seen, all assets/markets included.
CRV is showing on chart all the potential to do a 4-5x really fast, AGAIN. The last BTC dump gave it the recharge it needed.
We already rode CRV from 0.60$ to 3.00$, selling on the way to the top that was 3.57. 5x in less than 2 months.
It will repeat.
Really not much to say, its all on chart.
CRV/USDTLooking at the CRV for the week that follows is the vision I'm trying to achieve.
At the moment it is better to wait for a breach of the low cala and a test at the top of it to make a better entry.
The volume is still low, but Weis Waves has just started a new positive wave of volume entry that could lead to the disruption of the bearish channel.
Such a break and the top of that possible break coincide with the interior of the Ichimoki Cloud, which in this case ends up acting as a strong resistance and something that should not be disregarded.
Let's wait for the breakup to be confirmed for the next few days ...
This is a particular idea, whether or not to follow it is everyone's decision.
CRV 12h CRVUSDT growth up to $6 is possible if...Yesterday, in the digest "Bitcoin weekend" №11 , you actively voted for CRVUSDT, so whoever did not have time yet, vote for your favorite trading pair, and we will analyze it.
Now, please, for your attention the global analysis of CRV
Let's start with the fact that the previous idea worked exactly and completely. After CRVUSD dropped to the liquid zone, where there was a pre-trade before the growth.
The price moved down in a wedge and is now close to an upward breakout, although the stop should be placed below $1.50 , there is still some room in the wedge for movement.
The first target is above $3, it will show what mood in buyers is, and in general what kind of situation will dominate the crypto market in general.
The mega positive scenario for CRVUSDT is another wave of growth with maximum targets in the region of $5.75-6.30
The negative scenario will activate if we see the weakness of buyers at first around $3, and then if the weakness is confirmed in the liquid zone of $1.80-2.20. In this case, a fall to $0.9 cannot be avoided.
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a Possible noticeable increase in curve. crvusdt Analysis:🌟What is CRV🌟?
CRV is the governance token for Curve.
CRV is used for
1.Voting
2.Locking up to earn voting power and more tokens.
What is Curve?
Curve is a decentralized exchange for stablecoins made up of liquidity pools.
CRV Tokenomics
The Curve DAO is a fork of Aragon voting with a couple of added features like time-weighted voting.
You earn CRV by providing liquidity to any of the pools on Curve.
✅3 reasons why the price of Curve DAO Token (CRV) can grow more than 1000% in future:
Crypto friendly regulations, rising user activity and a recent collaboration with Yearn finance back Curve DAO Token’s recent triple-digit rally.
Over the past two mounths the entire DeFi sector has been in a strong uptrend and many of the top market cap tokens rallied by double and triple-digits. or more..
👉1.Yearn.finance collaboration
The noticeable uptick in trading volume for CRV began on Jan. 14 after Yearn.finance creator, Andre Cronje, tweeted a gif that read:
“Curve.fi presents, in collaboration with Yearn.Finance, permissionless pool creation. Stablecoin pools in 3 clicks. Crv.finance.”
👉2.Crypto friendly regulation creates opportunity for Curve
A second reason CRV has more than tripled since the beginning of 2021 relates to the recent stablecoin announcement from the United States Office of the Comptroller of the Currency.
👉3.Increasing user activity and total value locked boost fundamentals
A key factor in the success of any cryptocurrency project is the engagement of its community. For CRV, this is represented by metrics such as total value locked (TVL) on the platform and the volume of transactions per day.
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✅TECHNICAL ANALYSIS
As we can see in the logarithmic chart above, The current price you see in the weekly timeframe may form a hammer candle that indicates an uptrend. It should fluctuate around $ 2-3 and be in a range area .
although we haven't much data about the past of this currency but with Strong and at the same time with favorable conditions, the support with the support that you see in the green box and towards the goals with yellow, orange and red, respectively, the price targets of $ 6 and $ 23, and then even up to $ 200 or even more with a long-term vision in the future. Grow and although everything depends on the whole conditions of the crypto market.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
CRV/USD - Are we getting ready to pump? 🚀If you have not noticed, on CRV/BTC pair we have just flipped on the positive side on 12h MACD and we appear ready to pump higher after breaking the diagonal resistance.
On the USD pair here, we're also looking ready to break out with a nice bullish divergence on 4h. However, we need a bit more time to get confirmation on this pair.
Unless the broad market continues to correct, I see CRV aiming to go higher and re-test our resistance in the $3 area.
Entering here presents a good risk reward and buying CRV at $2 is pretty nice after a 50% correction.
Not much to say, once CRV pumps it's going to be fast. Lets see.
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