CRVBTC trade ideas
CRV/BTC BINANCECurve is one of the good projects, that didn't pump yet.
1H hollow candlesticks.
Once price breaks that downtrend yellow line (in 4h timeline is more clear), we might see some gains.
Forecast prediction:
32.66% in 1d 14h
86.41% in 2d 11h
MACD is flat.
volume rising.
Support and Resistance levels shown as horizontal lines.
Either way price is gonna pump any time soon...
Curve DAO Token (CRV)
$2.92 USD (7.65%)
0.00024866 BTC (7.20%)
0.00726295 ETH (5.32%)
Market Cap: $367,382,035,477
24h Vol: $83,049,277,166
BTC Dominance: 59.0%
Good Luck
CRV / BTC - Breakout of downtrendWe just broke out of the longer term downtrend (purple triangle) and the short term downtrend (red channel), if this holds we could have a nice move up.
Targets - 3500-3600 sats, 4100 sats, 5500-5900 sats (stretch goal) - need to cleanly get passed 2600s (purple channel) area to move up.
Potential for much higher move if we break all three.
** Note - this is a new token with very little history, difficult to make predicitions, be careful, plan for the opposite to occur. **
CRVBTC Structural Support|Daily S/R|Equilibrium| Low VolumeEvening Traders,
Today’s analysis – CRVBTC- price action needs to hold structural support for a trend continuation trade.
Points to consider,
- Trend higher lows
- Key support respected
- Daily S/R resistance
- Oscillators equilibrium
- Declining Volume
CRVBTC’s trend needs to establish a higher low to keep market structure intact, allowing for a continued bullish bias.
Structural support has been respected; price action must remain above this level, breaking below will negate structure.
The Daily S/R is immediate resistance; price breaking this level will confirm a higher high, confirming trend continuation.
Both oscillators are trading in an equilibrium towards there apex where a break will be imminent.
This will be in confluence with price breaking key levels.
The volume profile is declining, common in equilibriums, a volume influx will signal a break, follow through is needed to avoid false breaks,
Overall, in my opinion, CRVBTC is a valid long from structural support for a trend continuation trade. Price action is to be used upon discretion/ management of the trade.
What are your thoughts?
Thank you for following my work!
And remember,
“Reaching any goal in trading requires specific domain knowledge and technical skills. But then, after that, it's all mindset management. Yet most people ignore that —they automatically think they have that last part all figured out, and it's a mistake.” ― Yvan Byeajee
CRV is recovering CRV is finally breaking the downtrend after Binance's listing.
We can expect to reach the 5200ish sats area pretty soon.
Ascending triangle is forming. Volume keeps on growing.
I expect atleast about 30% profit from the current price.
This is not an investment advice, just sharing my thoughts.
Good luck everyone! :)
CRV | CURVE | Is this the bottom ?Target on chart
At the current moment we do not have any signal, just a felling..
and the bottom indicators yelling bottom
trade at your own risk
when you don't know where the bottom you can always use Dollar Cost Average
note : always use DCA in a Bull Market
" Curve Finance launched the CRV governance token for its Decentralized Autonomous Organisation (DAO). Quickly after the launch, the token was immediately listed on Binance, Okex, and Poloniex - so what's with all this Hype. Hashtags Curve Finance, Curve Pools, and also Curve Minter. "