Curve DAO Token (CRV) Analysis 07/03/2021earlier we have analyzed this token by Price Action Techniques and we capitalized on it,
now we are updating it...
we are opening new position on it again and there are total of 3 TPs specified by Fibonacci Projections.
the 1 Tp is the Immediate one and very easy to achieve,
we get the 3 TP confirmation, if the 2TP gets triggered by one impulsive wave and some retracement or price correction.
we can trill our stop loss after the 8 USD birched.
Curvedaotoken
CRVUSDT-SHORTBased on technical factors there is a short position in CRVUSDT Curve DAO Token
CRVUSDT Curve DAO Token
Score 1️⃣
🔴Short Now or set on Key Level 5.990
🟢Target 1 5.680
🟢Target 2 5.360
❌Stop loss 6.100
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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Curve DAO Token (CRV) breaking out huge channel for next rallyHi dear patrons, hope you are well and welcome to the new update on Curve DAO Token (CRV).
Previously we had a nice trade of CRV:
Now on a weekly time frame, CRV is breaking out an up channel. There is also a big bullish divergence on this chart, as priceline is forming lower high but the RSI is setting higher high.
Buy between: $5.95 to $6.30
1st target: $7.61
2nd target: $9.60
Stop loss: Below the support of $5
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
💎 CRV READY TO CLIMB 💎Everything on the chart
CRV hold 4.2 and create a volume floor to hold this fib
Now if we break 5 we have to see fib .618 at 5.3
After this new highs 🚀
Why this climb? Now is not a pump, in this week CRV open a new pool CRV/ETH and in this week eth is pumped hard and overperformed btc, well is time for CRV after a consolidation to climb again.
DIOR
CRV Q1'22 Technical PT: $15 - $19Getting some comments about a PT for Curve, based on the bottom I called in 2 Related Ideas (See below).
Because of where we are in the BTC 4-year cycle (i.e the bullish climax), I believe the 3rd wave will likely have an extended move between the 3.618 and 4.618 fibs, rather than a more traditional 1.618. That indicates a price range between $15.26 and $19.14.
Also indicating a -70% drop sometime in late Q1 / early Q2. These targets are vague given how PA is just starting out. Will refine as PA matures.
CRV macro viewI've been requested to analyse CRV. As the history of this project is pretty recent I prefer to check the weekly to assess how's doing on a macro scale.
After the normal dump which usually follow up every project new listing you can see it regained momentum during last Q1, on weekly it's forming what I think it's a triangle rather than a wedge. If I'm right this pattern will breakout upward as it's a continuation pattern. Also, the general sentiment is that altseason is close and this should boost CRV as well.
I'd wait the end of the week to understand if price will be able to break through that resistance line and then, if it does, I'd make my entry. Meanwhile you can see two dashed lines there representing first R and S in case of breakout or rejection. On the long run the target "by book rules" is on the chart.
Good luck
🆓Curve DAO Token (CRV) July-31 #CRV $CRVCRV has conquered the 1.6$ zone and is heading to the 2$, 2.4$ and 2.8$ zone in the near future. But if CRV loses 1.6$, it will fall to 1.3$
📈BUY
🔴Buy : 1.56-1.64$. SL if B
🔴Buy : 1.95-2.05$ if A. SL if B
📉SELL
🔴Sell : 1.95-2.05$. SL if A
🔴Sell : 2.34-2.46$. SL if A
🔴Sell : 2.73-2.87$. SL if A
♻️BACK-UP
🔵Sell : 1.56-1.64$ if B. SL if A
🔵Buy : 1.27-1.33$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
🆓Curve DAO Token (CRV) June-21 #CRV $CRVCRV has lost the $2 zone and this has become its very strong resistance at the moment. Currently, CRV is falling to the $1.4 zone or even $1 by the end of this June. But if the buying power comes back and helps CRV regain the $2 zone, it will rise back to the $2.8 zone
📈BUY
🔴Buy : 1.37-1.43$ if A. SL if B
🔴Buy : 0.975-1.025$ if A. SL if B
📉SELL
🔴Sell : 1.95-2.05$. SL if A
♻️BACK-UP
🔵Buy : 1.95-2.05$ if A. SL if B
🔵Sell : 2.75-2.85$. SL if A
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
CRV cup and handleCRV looks to be another alt showing a cup and handle pattern.
There is still some room for CRV to continue sideways or even downward (as indicated by the wedges with green lines and green dashed lines), but it looks like it is maybe one more alt that could be heading upward out of the cup and handle pattern soon or continue to form into a wedge in the short term.
I honestly love this chartWhen Curve DAO is able to use this Gold trend line as support, the price action has played out very bullish. However, if we retest it again soon and break down, we should look for support around the black trend line in the blue level which has been recent support. If we should above it though, my price target it around $6.
CRV / TetherUS Positional and Swing trade chanceHi
we are observing this crypto Token since last 100 days and we can see a long consolidation in the pair.
if we observe the same pump in BTC soon we can see that the market dominance will distribute the funds to other sector too and Curve DAO token is also will get a good effect so we shall be having an eye on this token too
please comment your ideas
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. ***