Curve | Descending Channel, A&E Bottom, Volume & Price ActionA major downtrend is coming to an end, but, how do I know?
Good morning my dear friends... See this chart:
➢ Here we can see CRVBTC moving within a wide descending channel; a classic downtrend.
Looking up close, price action dynamic changes as we move to present time and we have a change in vol
Trade Signal for CRVBTC: Sell OpportunityDirection: Sell
Enter Price: 0.0000036 BTC
Take Profit: 0.00000348 BTC
Stop Loss: 0.0000037 BTC
Analysis and Justification:
Our forecast for the CRVBTC trading pair leverages the EASY Quantum Ai strategy, which indicates a potential bearish trend. The combination of multiple in
Falling Wedge Targeting Weekly ResistanceCRV has a clear falling wedge on the weekly chart (this is the linear price chart not logarithmic).
Measured breakout targets line up with at TP 1 at the bottom of weekly resistance and a TP 2 that is slightly above the wick high top of weekly resistance.
Best of luck!
CRV/BTC Fire SaleClassic downtrend to deviation below the bottom for liquidity and expansion. This classic setup can be found on any pair on any timeframe. This is about as good of an entry as one could expect to get. With BTC Dominance looking like it's topping out as we speak, alts will be going nuts, especially t
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.