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Crvusdt

CRV price - "Inverted Head and Shoulders" pattern on a chart ?Today we will analyze the price movement of CRVUSDT on the global chart. It can be assumed that the global "Inverted Head and Shoulders reversal pattern" has been forming on the CRVUSD chart for the past year. At least, the price structure and the falling trade volumes from the left to the right shoulder correspond to those described in the Encyclopedia of Trading Patterns. A surge in trading volumes should occur after the price of CRV tries to break through, and hopefully breaks through and consolidates above the $1.18 level . As you can see from the trading history, there was a lot of struggle between buyers and sellers around this level. But before that, buyers need to break through and gain a foothold above the local level of $0.80-0.82. Buyers have a lot of work to do to revive speculators' interest in the CRV Well, after the CRVUSDT price is firmly established above $1.18 , the Inverted Head and Shoulders pattern will finally activate. At the same time, the long-term target for the growth of the CRV price, which is in the range of $3.50-4.50 , will be activated, and we were remembering the average - $4 per Curve DAO token. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
27
Crypto CRV/USD (Possible bounce?) View On CRVUSDT (16 June 2023) CRVUSD is in * Bearish in short term (Intraweek) * Bullish in Mid term (1 to 3 months) * Bullish in Long term (3 months onward) CRV has been under the bearish control for a while and it touched near a strong support 0.5~0.55 region. The volume traded is rather hugh too. Now we may see some rebound. It shall easily swing back UP to 0.65 and 0.70 possibly. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
BINANCE:CRVUSDLong
by SonicDeejay
CRVUSDT → The price is squeezed between the strong linesCRVUSDT forms the bottom in the area of 0.500-0.600. After that, a rally is formed, which turns into a strong consolidation in the area of trend resistance. The cryptocurrency pair after another retest forms a resistance breakout, but at the same time, the price is still on the upper boundary of the local pattern. In the near future, if the price successfully overcomes the area of 0.883, I expect an active strengthening of the price to the area of 1.112 with the subsequent movement to 1.891. CRV shows great dynamics on the background of the fact that after the rally, there was not a strong pullback, but a consolidation is forming. The price got a strong support at 0.818 and from the MA-200. MA50 is a resistance and the price might try to test it soon. Strong support at 0.818 and 0.770 Strong resistance: 0.883, 0.980, 1.300 I expect consolidation between 0.850 and 0.950 with further break through the resistance of the local wedge and growth to 1.890. Regards R.Linda!
Long
by RLinda
16
CRV, give it to me straight!If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! At an important level here, watching for how PA prints from here. If it bounces, could be some kind of running or expanding correction coming in. I am anchoring the count based off of an impulse down, due to sharpness, so looking for an impulse to complete the ZZ. It may be some kind of 2xZZ as well, but I have some long entries planned as well if that is the case. Cheers!
Long
by CryptoKnee
CRVUSDTHow do you do dear followers, *Mars Signals Team wishes you high profits* This is a one-day-time frame analysis for CRVUSDT Here we have R3 and R2 which are our resistance areas in this chart with their demonstration of the disability of the price to rise at various points. R1 is a 4-hour resistance area. And as you observe, S1 is a long-term support area at the bottom that involves the well support of price at some different points even since the past. Clearly, the price experienced a great support at S1 area and via a notable rise, it could move up to the third resistance area. But after losing the support and being rejected there, we observed its decline down to S1 again. By having the last touch and support here, the price rose for another time to higher amounts and failed to move over R1 area. Therefore, it is fluctuating below our first resistance via a positive Marubozu Candle and we expect it to provide us two scenarios after being supported here and moving over R1 area. One of them would be receiving some confirmation candles for the purpose of a rise and then by being supported and breaking R1 line upward and via providing more fixation and fluctuation over there, more rise will happen in order to touch higher amounts including R2 and R3 (which are good points for saving your profits). But when the price falls down to S1 and loses the support at its current point or at any higher points in its rising trend, surely more decline will happen then. According to the chart and considering the signs here, when the price is fluctuating above S1, we won’t have so much decline. Please consider the market situation in lower time frames and then decide what to do exactly. We suggest you to save your profits in the resistance areas due to the fact that in the decline of the price, you will not have so much loss. Keep moving with our updates and analyses to have multiple pieces of information and ideas. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Have a great time
by MarsSignals
4
CRV: Resistance BreakoutTrade setup : Price reached $1.25 resistance and pulled back to 200-day moving average, which could be an attractive swing entry in Uptrend with upside potential back to $1.25. It just broke back above $1.00 resistance level, indicating Uptrend continuation. Note that price made a Higher Low during this recent downswing, which is also a sign of Uptrend. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.75, then $0.50. The nearest Resistance Zone is $1.00, which it broke, then $1.25.
Long
by altFINS