J-curve
ECPG a good play on the financials sector. Great risk/reward.With growth and inflation rising, leading to a steeper yield curve, financials should continue to perform. One name that sold off meaningfully last week was ECPG. The debt collector should continue to do well in the immediate term given the macro tailwinds to the sector. I'd be a small buyer here, playing for a return to the recent range.
Curve (CRV) Next Pump Target is $2.50So long as this alt cycle remains bullish and unbroken by a Bitcoin correction, another CRV pump is highly likely, this time to $2.50.
$2.50 - $2.60 is a key level - it is both previous support from when CRV initially launched and fell from its overvaluation of $10+, and the next Fibonacci line.
Fibonacci lines are a very strong technical tool when used on new assets, like CRV, that have very little price history. Most traders will simultaneously use them to decide where to buy and sell, creating dependable, self-fulfilling support and resistance.
After its latest pump, CRV is cooling off and will likely see a phase of low-volume consolidation within these fib lines. Some are taking profits late, some are cutting losses after chasing the pump and buying the top, while smart money that took profits will be re-accumulating towards the 0.618 and 0.5 fib lines.
CRV 12h Harmonious growth needs short-term rollbackFor two months we did not update the CRVUSDT idea. It was a period of a long coin consolidation.
And now it's time to work out targets from the previous idea.
Growth in the CRVUSD pair looks natural and harmonious, because after a long consolidation, buyers began to drive the price up, without any artificial and intriguing news.
Now the CRV price has approached the liquidity zone, in which there was a hitch in September, before moving further behind the trend.
Therefore, even now we think that it's impossible to pass this zone up for the first time.
In order to gain strength for further upward movement, buyers need to retreat a little and let the price rollback.
It is likely that the next upward attack will begin after a rollback to the level $1.05.
The next target from above is the level $2.20.
In case of strong bullish sentiment, this is the level of $3.90.
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Decisive Breakout | Altcoins Will Indeed Grow On This DropThe question always is, "Will the altcoins grow this time around when Bitcoin drops?"
Curve (CRVBTC) provides the answer.
Today Bitcoin becomes shaky and look at the CRVBTC chart... We have a very strong and decisive bullish breakout with prices moving above EMA50 today.
We also have really high volume and very strong RSI...
Many, many more of the Altcoins vs Bitcoin (ALTSBTC) pairs are looking the same.
The altcoins will grow as Bitcoin prints its retrace... This is also a bullish signal for Bitcoin.
Namaste.
CRV/USDT - Curve DAO- Incoming pump? Keeping a close eye on CRV after finally bucking the trend and holding new support.
It's only early days but could be flipping bullish (finally)
Next 24 hrs will prove crucial in determining whether we see a surge or further rejection.
A push through indicated levels will see us targeting approx 38% with this position.
Caution advised as BTC continues to create ATH's.
As always not financial advice, just thoughts and TA.
Constructive feedback Welcomed.
Happy Trading.
Bingaz.
Parabolic Curve Pattern, CAurve of the Trend Conqueror SectionWhat Is the Pattern of a Parabolic Curve ?
The Parabolic Curve pattern is a curved line pattern that is formed by following a candlestick formation when prices rise or decline rapidly. Visually, the curved line pattern follows the correction points. The lay language, when the price forms a pattern like a staircase, the curved line follows the base on the steps.
Parabolic Curve patterns are generally found when the market is in panic-buying or panic-selling conditions . That is, the price moves to one direction in a short time because it is driven by the dominance of the seller or buyer. In these conditions, the opportunity to gain profits is wide open, especially when the price moves to break through the curved line pattern.
In essence, the pattern of Parabolic Curve indicates the point where prices will begin to approach saturation (overbought or oversold). If the price has touched its saturation point, the price opportunity to reverse direction will be even greate
Price climb very fast in a very short period. Chart gradient is more than 45 degree when you zoom out the chart by expanding the time frame.
When the chart breakdown, the stock price plunges close to 50% Fibonacci Retracement Level within one or two months
Did you Get Burnt?
The Parabolic Curve Pattern Strategy usually does occur during sharp economy motions. Industry speculation which becoming ahead of itself leads These kinds of movements. Traders usually find themselves front-running an occasion. So one of many public ways to recognize a more parabolic curve blueprint is that the period beforehand of the big event.
How Can You Make Money With a Curved Line Pattern?
Trading strategies using the Parabolic Curve pattern are quite simple. No complicated calculations or combinations of indicators are needed to improve the accuracy of trading signals.
The emphasis of the accuracy of trading signals on the Parabolic Curve pattern lies in the trader's skills in identifying market dynamics through price action charts. Following are the practical steps:
Look for currency pairs or other assets whose trend movements are strong; note the price movements in the pair whose price movements have a slope of more than or equal to 45 degrees to one direction and tiered like a ladder.
Use the trading tool to draw curve lines; some trading platforms provide a built-in Parabolic Curve tool, for example tradingview. As for MT4, you can still use the help of an ellipse curved line pattern instead of the curve.
Pay attention to price movements through candlesticks; if the body of the candlestick appears to break the curved line pattern, the price will have the potential to reverse direction from the previous trend.
Open Position with Money Management. After the trading signal appears to open a position, use the basic money management rules such as the percentage of capital and the Risk / Reward Ratio so that the risk of each position can be controlled.
You can make fast money by riding on Parabolic Curve but you must know when to get out.
The above three charts start crossing down the 20D MA, that is the 1st signal to get out. When crossing 50D MA, that is the 2nd signal to take profit or cut loss.
When trading with Parabolic Curve, must keep an very close eye on the chart pattern every day.
Curve (CRV) Strong Consolidation, Volume Increases (Over 800%)Curve (CRVBTC) is now showing what we call "strong/bullish consolidation"... We get consecutive green candles as prices move up.
We have really strong indicators with increasing volume.
This is all signaling what we are seeing from other altcoins and trading pairs.
CRVBTC is ready to jump... Additional details on the chart.
Namaste.
CURVE CRVUSDT TA CUP AND HANDLE FORMATION! BULLISH!CURVE CRVUSDT TA CUP AND HANDLE FORMATION! BULLISH!
Cup and Handle forming!
Feel free to like and follow if you like my TA!
For those asking what indicator is the bottom, it is MC.
Here is the link to purchase: marketciphertrading.com
Ref code: cryptoyew749