CRV - Nice ProjectI like this project. Very small cap. I think its going to go up a lot once it exits this range.
Thanks
CRVUSD.P trade ideas
CRV Local resistance break out and ChannelCRV appears to have broken out local resistance inside a channel and tested 3.50 as support
I have opened a trade around $3.58.
I expect we'll test the top of the channel, I'll take some profit there.
If we break out the top of the channel we will likely head to about $6 zone where what appears to be the next major resistance.
CRVUSD 08 MAY 2021 1046 hrs (channel bumping?)Would be a nice point of confluence should the situation line up. Will see if we get a set up off of the typical market target areas (listed on chart).
Patience is the name of the game. Let it come to you and you can be rewarded if you know what to look for... which is easy:
Look for accumulation/re-asccumulation activity at: (areas listed on chart)
Sources of education:
Richard Wyckoff
Tom Williams Volume spread analysis VSA/ Master the Markets
Pete Faders VSA*
Read the ticker dot com
Wyckoff analytics
PsychFX
MentFX
Dee Nixon
Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)
When you set a target and wait for price to get there (proactive/decreased risk)
When you enter a trade when its already on its way to a target (reactive/increased risk)
CRVUSD ~ A super utility DeFi coin ready to POP!CRV is, I believe, one of the few coins left that you can still make massive gains on, which is also part of the mainstream DeFi ecosystem.
I have no idea why, but CRV is still UNDER ONE BILLION$ MARKET CAP!
For the amount of TLV and usage and cross-chain and liquidity and etc etc etc etc that CRV already has (and has had for quite some time now) - its really confusing how it can still be so low.
It is one of the primary projects in yield and liquidity provision and functions cross-chain.
I think the #1 reason CRV isnt bought up by retail investors yet, and perhaps more institutional, is that the GUI looks like its from 1980.
If they would just get a designer to make an attractive and more user friendly UI/UX, I wouldnt imagine it not being able to reach $15-20 per CRV in a short amount of time.
Anyway, TA time: look at the chart....
1) CRV has not even beaten its previous ATH
2) CRV has only gone about 4-5x since its lows last year; while most coins have 10x or more
3) CRV chart has been consolidating and accumulating in this price range with a tightening wedge
4) These kinds of horizontal wedges are often broken to the downside unless there is macro market buy pressure - however, I'm pretty sure we have macro market buy pressure.....
At most, I would expect us to touch supports below this wedge, and then pop up.
So either way - I have already bought into CRV, and I have buy orders for more set at the price rays in the graph.
CRV is a stakable coin which you can stake solo or pair liquidity with nearly any other coin. check www.curve.fi and pick how you want to get your gainz!
A really incredible project. Hope they work on the user interface/experience a bit more though.
CRV back testing major resistance as support for the first timeCRV back testing a major ice line of 3.55 as support for the firs time ever. Next resistance above this area if it is held as support is 4.60 and 5.06
CRVUSD ~ Breakout confirmation on retest of S/R flipWell, looks like my post about CRVUSD yesterday breakout upwards came true.
Looking at the chart, we see a pretty massive increase in volume pushing this over the wedge pattern it was in.
Congrats to those of you who took my post yesterday and bought some - we are already up 10-20%.
We now look at retesting the wedge support line which is the pattern previous highs (lower yellow horizontal ray) at about $3.44
I highly suspect that we will retest the previous resistance, flip it to support (S/R flip) and then go back up to our previous ATH.
At that point, we'll retest that resistance and eventually break through it. Given the accumulation we have done, I think we should break through that previous ATH and go into price exploration from there.
Once again, CRV is one of the few (if any?) primary DeFi chains that is still under $1bn market cap.
You can earn yield by providing liquidity to CRV on its own native platform - curve.fi - and also as a liquidity pair.
curve.fi is used by many other yield platforms including pickle, harvest (the main one I use), reef etc (there are hundreds of yield aggregators and they pretty much all use crv).
The tokenomics of crv are also very good. I would give it an A-rating though not an A+ just quite given that circulation is still low compared to maximum supply.
As always DYOR, but this is a solid project and a gem to be able to pick up at this price before it gains wider retail awareness.
CRVUSD FractalPlaying around. Reversed the fractal on the initial drop. The fib was already set and hits that 2.618 nicely.
CRV/USDhere we have really hard resistance area which price has argue with it for near 90 days and one FO
i think eventually it can break out.
what do you think please comment, thanks.
CRV has demonstrated good moving in the last 24 hoursDuring the last days we have seen increase in demand of smart contract coins and tokens. One of the most successful booming demand has been MATIC. MATIC rate of price change is extremely higher than CRV in the last week (almost 45 time higher), but CRV with limited number of available coin will grow and touch higher price in the high demand and low supply smart contract coins market.
Now CRV chart shows a bullish behavior. And currently is moving under the EMA200 which is a good news for pushing it up. As chart represents, a Doji Star candle on April 25 which reversed the bearish trend to bullish push the chart to the EMA200 since 28 hours ago. Regardless of the uncertain situation in Bitcoin and its effects on the altcoin market, CRV looks good for stepping in and some indicators such as MACD and RSI support the bullish behavior.
In the bottom line I would say although the previous daily candle closed with good volume, I would prefer to see more volume in the first 4 hours candle which is a little low. Personally I don’t trade these days and I just observe the market as long as Bitcoin doesn’t show a sustainable behavior.
Good spot for Bear trade CRV has broken its upward trend line
Can see some Consolidation before we see a possible target at the lower support 1.748
CRV - this was the dipIf you are not buying CRV on this retrace just before expansion I dont know what to tell you. High confidence on this retrace
Go with the Trend The Trend is clearly Bullish
The price is in a nice position to make a Trade,
Set your Target area to be around 4.650 which is also its Resistance
Crypto Market & CRV Technical Analysis & Predictions 4/19/21*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade (long or short) any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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CRVUSD - good buy area comingCRV broke out yesterday... looking for a dip and a good buy at ~$3.55 before she slingshots back up
tg
Curve: Massive BreakoutTo stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com
With DeFi largely underperforming its peers over the past few months, it comes as no surprise that we're starting to see bullish momentum rotate back into the space over the past few days. This is evident when looking at DeFi's total value locked (TVL), which just jumped from $52.5B on Monday to today's reading of $59.8B. Curve (CRV) is among the various DeFi plays that appear to be regaining bullish momentum...
Curve is a software that uses multiple cryptocurrencies to operate an automated market making (AMM) service focused on stablecoins (cryptocurrencies programmed to mimic other assets). One of a number of emerging decentralized finance (DeFi) protocols built on Ethereum, Curve facilitates trading not using a central order book, but rather pools of cryptocurrencies provided by users, who in turn can earn fees through their deposits. Like Uniswap or Balancer, Curve gives cryptocurrency users a way to earn fees on their assets, while letting traders buy and sell those assets at potentially better prices. What sets Curve apart from similar platforms, however, is its focus on markets for stablecoins like Maker and USDT, meant to track the price of U.S. dollars, as well as stablecoins like wBTC and renBTC designed to track the price of Bitcoin. Because of the variety of options on the market, each with its own level of risk, Curve’s goal is to allow stablecoins to be traded with low fees and minimal variation in price.
Ok. The technicals. CRV's +25% rally today has pushed the cryptoasset to a new YTD high and through the $3.65 breakout price of a bullish cup & handle pattern formation. Although it's unclear whether CRV will be able to hold above $3.65 and continue trending higher, this breakout could most certainly transpire to a new parabolic uptrend for CRV. To get an implied price target of the cup & handle, first we measure from the lowest point of the cup to the breakout price ($3.65). Then we use that distance to extrapolate from the breakout price. By doing so, we'll find that CRV's implied target is roughly $7, or a +75% gain from CRV's current price of $4. Needless to say, things could most certainly get interesting from here on out...
