CRVBTCCRVBTC looking healthy bullish here
retesting previous highs that have been rejected 3 or 4times
and looking like a successful s/r flip here
the fib extensions match the listing selloffs very nicely
giving me confidence in the probable future tps
volumes not massive compared to other runs yet
but the crypto landscape is looking incredibly bullish and all i see is crv being intergrated left and right so im assuming the early fud is probably much less of a thing and this bluechipdefi is gonna be healthy bullish for the forseable future
expecting another round of fireworks later in november to really kick of this q4 run :)
CRVBTC trade ideas
CRV/BTC - Can Curve break above resistance on BTC pair as well?Curve broke above $4 on the USD pair and now has hit a key resistance level on BTC pair. See below my USD idea on that.
This is the last real resistance before the damn breaks. A break here on the BTC pair would put us on a nice rally to moon.
Plenty of room to go up. Indicators look good to me. Hopefully BTC and ETH don't correct further as they will drag the market down.
Targets on the chart.
Like and follow if you liked this idea!
CRV Potential 120%+ against BTCBefore a 400% increase last January, there was a 36 day drop followed by 1 month of consolidation. For idea to play out, this 34 day drop so far could still continue another 15% down worse case scenario. If last time is any indication, should reach the 1.272 fib level or around 120% increase
CRV/BTC buy opportunityHi followers,
I like the market structure that BINANCE:CRVBTC is creating.
After a long period of low volatility and sideways move, the buyers broke above recent resistance, creating higher lows and highs which suggest a possible trend reversal to the up side.
The price is holding above the 21 EMA after retesting the recently broken resistance area.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
❗❗❗
Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
CRVBTCEverything on chart.
When BTC dominance increasing always look for both USD and btc charts for all coins before buying
Always follow risk management. BTC can be volatile. We have seen quite a few flash-crashes off late.
-------------------------------------------------------------------------------------------
If you like this idea:
1) Please follow me for more content
2) Give this idea a like so that Trading View algo can take this idea to more users.
-------------------------------------------------------------------------------------------If you have comments both for and against the idea:
1) Let's exchange ideas in the comments
2) Discussions can help the community as a whole and also helps me learn a lot
Moment of truth for CRV/BTC7450 sats will be the make or break for this bull run. The CRV/USD pair broke out like a champ.. this would be the last major trendline resistance before we start taking on previous ATHs around $4.64. I think today or tomorrow would be realistic for 7400 sats given the current momentum. Grab your popcorn, hodl.
If 7450 doesn't break.. that'll be the start of a long consolidation period against BTC before more upward movement in the CRV/BTC pair. If it does break, sell the house, back up the truck, load up them lil CRV pups, and don't sell until its life changing.
Of course, do your own research, I'm not a financial advisor.
One Year Rangebound, Third Time a CharmCRV looks to have been accumulating in this range for a year. .23 of the range holding price nicely in recent months. Currently consolidating mid-range, which explains the recent rejection on shorter timeframe. Looking for a break of this half-way point and a run to the top of the range. On this third run, I'll be looking for a break and consolidation above, before what could well be the beginning of a CRV moon mission.
Note: This is solely speculation and should not be considered as advice to buy.
Good luck out there.
Edge to Edge move in play for CRVHas happened in the past, I dont see why it cannot happen again.
I am not particularly excited about DeFi post EIP 1559, because the upgrade favors staking ETH instead of staking DeFi tokens. For example, you should do much better using a Lido-Crv-cvx staking mechanism over staking UNI. Remember lower ETH fees mean lower staking rewards for a lot of token holders.
CRV is one of the few DeFi projects I am invested in because its a part of the ETH staking mechanism.
Also as Convex finance went live, I expect a decline in emissions. Given the FA, the TA here should play out.
CRVBTC Bounce LevelCRV has bounced nicely the last 3 times it hit this level against BTC. Between 130-160% each time for the last 3 touches. High probability trade?
Do your own DD.. but I like this chart (and CRV for a number of reasons.. TVL/MCP ratio is one of the lowest in defi, V2 AMM DEX supporting variable price assets puts it in competition with the likes of sushi and uni.. with a MCP 1/20th the size. CRV has been known to fly when BTC corrects.
Oversold against BTC, move from BTC to CRV
CRV Breaks Through The Neckline !As I told in my last review, CRV came down by -12%:
Now, after making a head & shoulder pattern it has broken the neckline and lost the EMA 60 support. Now it's heading toward EMA 100 support and if it lost it either, we can expect to move down toward 0.382 Fibonacci level.