DeFi Hype Play - CRVDear traders,
Intro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
The chart looks amazing IMO. The price action of Curve (CRV/BTC) has experienced a long consolidation period. Now, the range of consolidation is getting extremely tight. If this blasts through, I think it will be an extremely swift move.
If it rejects, I will be scaling some of my Bitcoin into this coin around 0.00004573 sats.
& here some for the FA guys:
Curve is a popular automated market maker (AMM) platform that offers a highly efficient way to exchange tokens while maintaining low fees and low slippage by only accommodating liquidity pools made up of similarly behaving assets. While this approach results in lower fees for the liquidity providers who supply the pools with tokens, Curve incentivizes their participation by integrating with external DeFi protocols and delivering rewards in the form of CRV tokens and interest.
Goodluck,
Doctor Hugo
S-curve
Dogecoin price:Target for the end of 2022Many people would like to know what the price of dogecoin will be at the end of 2022.Certainly no one knows the exact answer to this question.But due to the war in Ukraine and the sharp rice in oil prices, the economic growth of the world will slow down.More reasonable targets should be set for the growth of digital currency prices.On the other hand , President Joe Biden will sign an executive order tomorrow that is widely expected to favor the adoption of digital currencies.If Bitcoin reaches a price above 60000 $ ,the doge coin price will reach 34 cents.
Curve (CRVUSDT) Breaking BullishCurve (CRVUSDT) might not look really strong as there is plenty of room left for additional correction but things can change.
The candle 24-Feb. gives it away.
We also have bullish divergence with the indicators and a break above EMA10.
3 White Soldiers if we close green today.
Namaste.
Curve (CRVBTC) Potential Bullish BreakoutCurve (CRVBTC) is now challenging a major downtrend line.
Trading volume coming to a halt.
Support level being tested.
Bullish divergence with the MACD.
Young MACD bullish cross.
Trading above EMA10.
These signal support a break of the downtrend line.
"CRV Can easily grow above this trendline".
Namaste.
⚡️⚡️ #EPS/USDT - Potential 103% ⚡️⚡️⚡️⚡️ #EPS/USDT - Potential 103% ⚡️⚡️
#BLOCKSHOT
Signal Type: Spot - Long
Exchange: Binance
Note: Double Bottom || Looking like floor price || Breakout needed
Entry: 0.144 - 0.167
Target 1: 0.177
Target 2: 0.208
Target 3: 0.248
Target 4: 0.293
Stop-Loss: 0.133 or None
"Good Things Come To Those Who Wait,
Great Things Come To Those Who HODL"
CRVUSDTHi Everyone , How's Going?
CRV JUST Stuck with the Dynamic Trendline , in my idea there is two senario here , if volume go up expect to break the trendline and go up to 4.22$ but if not crv retrace and after that expect to break the trendline , so its not financial advice
MANAGE YOUR RISK
BE PATTIENT and Choose the BEST
GOOD LUCK
CRV Curve Dao: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Curve Dao Token (CRVUSD).
The chart is self-explanatory. The price has the potential to move up as the RSI and MFI show support for the move. Keep an eye on the S/R areas as well as the Ichimoku Cloud above. I put the Fibonacci Retracement to show where the price may get to before resistance. Volume has fallen but the oscillators are in the oversold area so possible move upwards. If Volume doesn't come in, the upward price may not be sustainable.
Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Ichimoku Cloud, Volume, Fibonacci Retracement, EMA Ribbons, and Simple Moving Average.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BTC: Double top / M pattern + Longterm curve lineHello,
When looking at the BTC charts I can see this as a longterm outcome.. This means my ultimate bottom lies around 19k-20k.
I hope we will not reach that, I would much more appreciate it if the maximum bottom would be around 25-30k for a quick reversal, however looking at how the curve is going all these years.. how we are now under it and how other lines + the M pattern lines up.. I will trade accordingly and Dollar Cost Average (DCA) all the way to this level.
My strategy is the "percentage wallet" strategy, meaning my amount of stablecoins (which I split up in gold, dollar and euro) vs my amount of crypto (which I split up in btc, eth and altcoins) differs every week. At the moment my cryptowallet is around 36%, it was 27% at 43k when we dropped and it has been 44% at the 35k bottom. I sold alot past week though, bringing it to 36%.
I am preparing multiple buys until 20k, around 10% around the 28-31k level (as many other traders), I skip the 25k-27k zone and I start another 10-15% buy at the 20-23k region. This would be a big buy because I expect a good bounce from this level. If we bounce from there, I will probably resell some of the bought crypto at 20k. Probably around 30-35k. This way I can keep compensating earlier buys and I can aim for an ultimate bottom.
In the end, as you can see in the chart, my goal for BTC is still ATH in the coming 1 or 2 years. I don't think markets are ready to slide into crisis yet.. That would be "too simple". However IF we really go into another bullish cycle, I am prepared to sell 70% of my total cryptowallet.. probably bringing my stablecoin wallet to 80 or 90 %. I think that the next bullish cycle could be the last for now, before we reach some bearmarket.
By the way, google M pattern... If we are looking at a "bearish 5-0 pattern" then we are in for a good bottom around 10-20k.
FX beacon- why AUD traders needs to focus on the US yield curve Lots of chatter in the market about the US yield curve headed ever closer towards inversion – clearly, much of this move has been driven by short-term rates which have seen 2yr Treasuries push to 1.19% (the highest since Feb 2020), with fed funds futures pricing close to 5 hikes through 2022.
I have shown the US 2s v 10s spread, but US 5s v 30s is certainly getting smacked and at 43bp is probably the part of the curve that will invert first. So, if we know yield curves have been one of the best predictors of future economic stress and recessions, surely it makes sense that the AUD will co-vary with curve flattening? The AUD being a beacon of cyclicality and growth expectations.
For fundamental traders, especially swing and certainly position traders, understanding what a currency pair is most sensitive to can help cultivate a short-term edge. If you know what to look at it can save you a ton of time, right?
Well, we can look at Asian equity markets and see AUDUSD fairly well correlated here and we can take our pick of the Aussie yield curve over the US curve – however, in this exercise I see a solid relationship in play between the AUDUSD and US yield curve – it tells me if US long-end rates outperform and 10yr yields drop faster than short-term rates then the AUDUSD is headed below the 70-handle and the December swing low of 0.6993.
For those trading the AUD, and who want to know why it's moving from A-B and what could cause it to go to C…the yield curve is your central guide right now.
$CRV $1.68 then $8+?$CRV looks like it's beginning the process of correcting. Still think we may see one more new low in the next few days to the $2 range. Then think we'd bounce to the $3-5 range before correcting down to $1.68 for a final low in March/April.
From there, I think CRV will actually start to run with the first stop being $8 likely in the summer. Resistances above if prices manages to break through it.
Let's see how it plays out.
CRVUSD within a Channel Up aiming at $12.00Curve has been trading within a Channel Up since late July, all within the wider uptrend of a Fibonacci Channel. The token is still outperforming the market average during this correction and is about to complete an Inverse Head and Shoulders (IH&S) formation within the Channel Up. Interestingly enough, the most recent IH&S pattern was back during the May market sell-off, and was what practically paved the way for the sustainable Channel Up.
Based on the 1D CCI indicator, a break above its Lower Highs, signals the start of a new bullish pattern. Currently the price is about to test those Lower Highs. If broken, our target will be $12.00.
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CRV Update: Falling Towards First Short-Term Buy ZonesCurve Finance ($CRV) has been discussed as a focal asset among many popular DeFi 2.0 protocols. Convex, most notably, has amassed a large relative percentage of outstanding CRV governance tokens.
After a sustained multi-week upward trend, CRV has climaxed and, correlating strongly to a downward movement with BTC, has seen bleeding of market cap recently.
Areas near the $3.50 and $3.35 mark reflect support on a yearly timeline and maybe lucrative buy points.
As always, the market watches BTC.
CRV triangle breakout 📐Curve broke up this triangle and I think there is chance for run to 7.55 and even higher. Setting BUY LIMIT order to catch the pullback. CRV come on!
ENTRY : local high @ 4.091
STOPLOSS (SL) : local low @ 3.705
TARGETS (TP) : TP1 - resistance @ 5.3 | TP2 - resistance @ 6.7 | TP3 - height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 7.55
RRR : TP1 - 3.1 | TP2 - 6.7 | TP3 - 9
INVALIDATION : when SL level hit
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CRV/USD - DEFI Powerhouse defies the market! When $10?CRV is the de-facto DEFI king. The price action shows it, but before the TA, here are some fundamentals.
FUNDAMENTALS:
With over $20 billion locked in Curve finance, this is the largest DEFI token on ETH network by total value locked.
Proof: defillama.com
The second largest DEFI token is also based on CRV... called CVX... at $19 billion. That is over $40 billion in value locked on Curve platform. You are bullish on CRV right?
What CVX does, is to stack on as many CRV as possible to boost their own CRV liquidity pools for additional rewards and APY. If you lock CRV for 4 years, you get 2.5x boost on your rewards. Basically different actors compete on who owns the most CRV to move rewards in their favor via CRV governance.
How does this impact CRV token price?
As CRV is locked for 1-2-3-4 years to boost rewards, there is less CRV circulating around for buyers that have a very REAL incentive to BUY CRV to move rewards in their favor via governance.
Bottom line, CRV goes up. A majority of CRV tokens in circulation are already locked for 4 years!
CRV has very strong fundamentals to push its price HIGHER. Crypto and DEFI whales are nose deep into CRV due to the consistent rewards. The $40 bil locked on Curve proves it. Plus Curve has excellent AMM features for stablecoins and alts.
TA:
The current price is at the highest level since August 2020... A price over $5 is already a huge achievement, but this is likely to go much higher still.
On larger timeframes like 3D presented here, CRV remains very bullish and this last 3D candle appears to show a successful re-test of the $5 level as support after being resistance twice in the past!
If CRV closes this candle above $5 and it continues up, then CRV can rally much higher still.
MACD is bullish and volume remains good. CRV should be a great performer as this price action since July seems to be Wave 3 in a large impulse wave pattern going up.
A price of $10 does not seem impossible and is less than a doubling in price at this time. Then a new correction should follow.
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CRVUSDT Weekly TA : 12.28.21 : $CRV🔵 Personal Opinion : HODL : #Requested_Analysis
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👤 Arman Shaban : @ArmanShabanTrading
📅 28.DEC.2021
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