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. ***
Crvusdtlong
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.
#CRV just broke out of an Inverse Head and Shoulders Pattern#CRV just broke out of an Inverse Head and Shoulders Pattern. It is highly likely to pump minimum 20% from here all the way to $3.6 possibly within the next 24 hours.
If you haven't bought yet add some in your portfolio if not in Futures at least on Spot. This one will reach $5 soon.
Also the fundamental reason is It already surpassed the TLV of UNISWAP and SUSHISWAP which in simple words there's more locked liquidity in CRV rather than UNI and SUSHI. This will pump!!
Curve ($CRV) Bull Flag IdeaCurve is currently consolidating within a bull flag formation with 4 hour RSI preparing to cross from oversold conditions to trend reversal to coincide with price moving up.
If the pattern plays out, I expect it to breakout and head towards $2.80 region.
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CRVUSDT(Descending Channel Breakout)#CRVSDT (Day chart) Technical Analysis Update
Descending Channel Breakout
CRV/USDT currently trading at $0.70
Long Entry-level: $0.60 TO $0.70
STOP LOSS: below 0.55
Target 1: $0.925
Target 2: $1.20
Target 3: $1.55
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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CRV Probability#CRV USDT Anylysis ✌ 🤲 ⭕ ⭕
Keep Eye On This Key Support Zone,
In My Previous Analysis I Already Told You Crv Are Trying To Breckout Upper Trend Line.
If Price Failed To Hold This Kew Support Area. Next We Can See Another Deep At Lower Support Zone. If Price Successfully Beakout Upper Trend Line, It Will Touch Our Upper Resistance.
1️⃣ Resistance 👉 1.14
2️⃣ Resistance 👉 1.24
1️⃣ Support Zone 👉 0.88
2️⃣ Support Zone 👉 0.70
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⚠️ Always Do Your Own Anylysis
Best Of Luck.... ✌ 🤲