#CRVBTC - A Steady Drop to Meet Multiple SupportstheCrypster -
We've just closed a massive Long trade with #CURVE / #BITCOIN netting a total of over 35%, now we've received a Short signal from CTv2 and we can see a potential for a healthy 10%.
Price should be aiming for a point of multiple support, an ascending trend line meeting simultaneously with a historical level of support, this is our target.
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J-curve
US 10Year - 02Year - Yield Inversion (Posted 01FEB23)In this chart you can see how inverted we are and for how long on the 10-2year. I also have the 10-03mo chart that I will link to this also. This is a recession indicator. It will be interesting to follow this chart as the FOMC tries to bring the curve back under control. I will return frequently to run the "Play" and see how they do over the months!
US 10Year - US03MO - Yield Inversion (Posted 01FEB23)In this chart you can see how inverted we are and for how long on the 10-3mo. I also have the 10-2YR chart that I will link to this also. This is a recession indicator. It will be interesting to follow this chart as the FOMC tries to bring the curve back under control. I will return frequently to run the "Play" and see how they do over the months!
Curve DAO Token CRV price has a chance for another leap upToday we will take a look at the CRVUSDT trading pair.
Our attention was drawn to the fact that during yesterday's market decline, CRV buyers kept the price above the strong mirror level of $0.95-1. As you can see from the trading history of CRVUSDT, this zone has often played the role of critical support and resistance levels.
In general, the growth of the CRVUSD price in January 2023 was x2.
If buyers of Curve DAO token manage to keep the price above the liquidity zone of $0.90-1 in the coming days, there is a good prospect of another +50% growth to the range of $1.35-1.50
An additional fact that Curve Finance has prospects can be evidenced by the Top of protocols with assets placed and blocked in them (TVL) (at the time of writing this idea):
1. Lido Finance ~ $8.0 billion,
2. MakerDAO ~ $7.0 billion,
3. Curve ~ $4.75 billion.
4. AAVE ~ $4.5 billion
5. Convex Finance ~ $4 billion
6. Uniswap ~ $3.8 billion
7. JustLend ~ $3.6 billion
8. PancakeSwap ~ $2.5 billion
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Curve Dao Token price prediction today - Short Trade setupBINANCE:CRVUSDT BYBIT:CRVUSDT.P
Curve Dao Token price prediction today - Short Trade!! 🔥📉
I show why I took the short trade where I did, the levels below I am looking at for possible take profits.
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
#BTC - Technical' s are saying bottom#BTC - Technical' s are saying bottom
Let's ignore the world burning at for a minute and look at the pure BTC technical' s. A lot of people look to Plan B's - Stock To Flow. We look to TheBlockDoc's BTC Growth Curve. Why because it takes a combination of factors into consideration to determine this logarithmic curve (If you want to learn more then join Labs!). This is our Top/Bottom Indicator.
A couple of extremely significant signals have popped up we have now challenged the bottom percentile (This basically means BTC has spent less than 0.01% of its time in this area) occuring only once per the past 3 halvings - the other key indicator here is the Inverse Pi Cycle bottom has been trigger 126 days ago waiting for the reversal to come previously there has been a 146 day and a 260 day wait for this reversal.
What are we saying?
Based on the Growth curve we are preparing for the reversal.
CRVUSDTCRVUSDT, the charts looks like amazing, if it play as looks like, there's the alot possibility for Upside momentum.
Always do your own research, before entering in any trade.
First of all, there's descending channel formation, looks as bull flag, if breakout attempted here, then the chart target the Adom eye neckline target, and if the Adom eye neckline breakout attempted properly. Then the target would be the 3.30 level, diffinantly will take time, but will achieved the target, if there's everything going well.
👉IMPORTANT : If the red trendline break down side, then don't sleep on the trade for long term. Thanks
The risk reward ratio for this trade is 10.0
GAIN 284%
Loss 27%
Manage your own risk accordingly with that
Hang on folks, this may get ugly.A very basic and simple - yet very telling - monthly log chart with a superimposed S-curve alongside simple trendlines of support and resistance seems to indicate Bitcoin may be preparing to retrace to the $3,500 range before we see anymore blue skies. Stay alert, set your stops and make sure you're taking profits when you can! Don't forget to pay yourself! Happy trading - Happy Days
AUDUSD: Will The Sinking Ship Provide Re-Entry ?WHAT A FANTASTIC SHORT POSITION THIS HAS BEEN FOR THE AUDUSD TRADERS WHO CAUGHT THE MOVE @ 0.72000 AFTER THE DEMAND ZONE/SUPPORT BREAK WAS CONFIRMED.
NOW THE QUESTION COMES TO BEG: WOULD AUDUSD PROVIDE THE RE-ENTRY POINT FOR SOME OF US TO ENTER AGAIN AND SHORT IT?
With the FED tightening so aggressively, AUDUSD is bound to sink and the ideal target seems to be 60 cents. Currently the price is not far away from the target, so therefore here we would like for the price to approach 66 cents mark so we can short it.
Have a look at the main chart for full observation on this question. Note: trade is invalid shall the target hit first
Trade Safely & Cautiously
Curve DAO Token (CRV) formed bullish Cypher for upto 19% pumpHi dear friends, hope you are well, and welcome to the new update on Curve DAO Token ( CRV ) with Bitcoin pair.
Previously we caught a nice pump of CRV:
Now on a daily time frame, CRV has formed a bullish Cypher pattern.
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
CRVUSDT(Curve DAO Token) Daily tf Range Updated till 08-09-22CRVUSDT(Curve DAO Token) Daily timeframe range. even tho there are some out of place moves through its levels its more stable than many other low class alt's. less used by p and d groups and more quality holders. volume is decent here. devs are pushing on the fundamentals. there are lots of scalp and range plays here depend on btc price action how those setups will hold up to it.
Curve DAO Token (CRV) formed Shark | A Good buying opportunityHi dear friends, hope you are well, and welcome to the new update on Curve DAO Token ( CRV ) with US Dollar pair.
In the previous harmonic move we caught a nice pump of CRV:
Now on a 4-hr time frame chart, CRV has formed a bullish Shark .
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
EW count $ES1! with Predictions BONUS yield curve inversionCME_MINI:ES1!
Hello all!
Just thought I would share my work here today for all those EW analysis junkies to critique. Along with some commentary on current market/geopolitical/economic conditions and where I think we are headed.
With recession on the horizon like pink clouds in the morning for a sailor, we have to get our work (profits) in and get out of the water before the storm wipes us out.
Just like the sailor our work should be done quickly as there will be little time to reel in our catch. There are warning signs abundant that our global economy is coming to a crossroads of debt, supply/demand shock, and geographic positioning for goods.
In my view China has little incentive to get manufacturing back online, just as Russia needs to "fix" it's pipelines all at once. The globe of power is quickly showing it's fault lines. (Saudi Arabia transferring payment to yuan?)
Supply is low as Americans (like me) sit at home on their computers providing endless information through the air-waves and fiber-optic cables. We have become a soft nation through decades relatively peaceful times. We demand high pay and produce less physical or tangible goods, while buying up the worlds supply.
We have had easy financial conditions that are begging to be repaid somehow. With debt over our heads (Debt>GDP) our puppet masters have used this pandemic to engineer a cheaper way to pay it down.
Inflation = more dollars today to pay a fixed rate debt that is less than inflation.
Flooding the economy with digital greenbacks is a win/win/risk. The risk here is that we let inflation get out of control and everyone is chasing the dollar leading to evermore inflation.
I.e. If I sell bread at the market and know that each week my supplies are increasing at an exponential rate I will raise my prices accordingly, leading to my customers to ask for raises. Who, let's say, work at the grain fields, leading to higher grain prices; creating an inflation loop that leaves all participants with a increasingly worthless tender. This is why it is so important for the Fed to speak out ahead of inflation and keep expectations in check. If the Fed can curb that inflation cycle in our mentals then I may only raise my prices to the expected inflation target and no more, effectively putting an inflationary cap on all goods and services of all participants in our great economy.
Now with that said, we have a lot of work to do to right this great ship and sail away from the depression storm. The smart money markets believe it is too late and the fed waited too long to correct. (As I said, I believe it was intentional.) The yield curve inverted in June and is a record setting inversion. Here is how the SPX reacted since the 80s to 2-10s inversions.
As you can see some inversions foreran the markets collapse by months while sometimes the drop coincided with the inversion and in 2006 we actually had an increase of almost 15%! while the curve inverted before dropping around 55%. 2000 being the worse with a rally after 35% drop just to see another 30% drop into 2002/2003
If recent history has taught us anything; you are playing with fire the longer you stay in this market... but history has little to say about today, which I would point to the comp pandemic which I will have to compare next time to the Spanish Flu pandemic in Pt. II.
My final question is, "we are seemingly already in a recession (although the powers that be are trying their best to redefine "recession"), is this drop that we have endured the end or do we see something greater as the historic yield curve inversion is pointing to?
Here are my near term predictions with EW counts and demand/supply zones that I am watching.
Happy Friday!
CRVUSD completed the Inverted Head and Shoulders. Buy.Curve Dao Token (CRVUSD) is on a three day bullish streak, attempting to make contact again with the 1D MA50 (blue trend-line). Even though the short-term outlook in the past week has been bearish, we have a series of strong reasons to expect a bullish break-out in the coming days.
First and foremost, the price with the current rise seems to have completed an Inverted Head and Shoulders pattern (IH&S). The current Resistance is around 1.6120 and a break above should be considered as a bullish break-out signal targeting the 2.0 Fibonacci extension at 4.8190 on the long-term. As the chart shows, it is highly likely that this Resistance test will take place at the same time as a 1D MA200 (orange trend-line) test, which is intact since February 10 2022.
Secondly, the 1D MA50 has made a Bullish Cross with the 1D MA100 (green trend-line) for the first time since September 04 2021. At the time, that was an early buy signal into the big rally in the second half of 2021. At the same time, the MACD on the 1W time-frame has been on a Bullish Cross as well, for the first time since August 31 2021.
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CRV triangle breakout 2 📐Curve DAO Token is trying to break this triangle 📐 up and if it will make it I think there is chance for run to 1.755 and even higher. Let's see whether the white local uptrendline is going to boost the price. Setting BUY STOP-LIMIT order to last swing high to catch the breakout.
ENTRY : local high @ 1.474
STOPLOSS (SL) : local low @ 1.335
TARGET (TP) : height of the triangle projected from midpoint of the previous range (PREVIOUS RANGE HIGH - STOPLOSS) @ 1.755
REWARD RISK RATIO (RRR) : 2
INVALIDATION : when SL level hit
See below my previous CRV triangle breakout setup and how the TP2 actually was the top:
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.