[230%] (LONG) CRV / USDTAnalysis :
- Hidden bullish divergence
- On the Kumo
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.
In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.
Crvusdt
Optimistic projection for the 4H scenario in CRVUSDTTechnical analysis regarding the price of CURVE DAO TOKEN in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Exponential Moving Averages of 34 and 89 periods taking parallel distance and 34 periods guiding the price at the moment.
RSI <50 but gaining strength
Financial volume may gain momentum and also the MACD with buying mass driving the price.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
TRB - following CRV's path to ValhallaTRB - following CRV's path to Valhalla
yup, just a bit more squished compared to CRV's Giraffe pumps. But she should follow suit. Similar with DIA. they should do the same thing. defi was getting pumped as a whole before, they should cool off here, and these smaller minnows will go hard soon after the bigger caps run here (see what ADA just did).
Buckle up. Lets get it.
CRV - welcome to summer levels?Maintaining the harmonic line that keeps the price action by drawing the fibonacci lines we can deduce some of the following levels to take into account for the next three months.
In a broader daily view we see that the movement is gaining strength, waiting to resolve in the next few days to one side or the other. In both cases here are the levels of support.
🆓Curve DAO Token/USDT Analysis (22/1) #CRV $CRVCRV's way of increasing is quite risky because it is easy to create a strong dump to $2.5 or even $2 zone in this February.
If CRV conquers $3.5 zone, the highest target that we can calculate is $4 zone.
CRV needs more time to create a clearer future
📈BUY
-Buy: 2.5-2.6$. SL B
-Buy: 2.0-2.1$. SL B
📉SELL
-Sell: 3.3-3.5$. SL A
♻️BACK-UP
-Buy: 3.3-3.5$ if A. SL B
-Sell: 4.0-4.2$. SL A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"