CRVUSDT trade ideas
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At an important level here, watching for how PA prints from here.
If it bounces, could be some kind of running or expanding correction coming in.
I am anchoring the count based off of an impulse down, due to sharpness, so looking for an impulse to complete the ZZ. It may be some kind of 2xZZ as well, but I have some long entries planned as well if that is the case.
Cheers!
CRVUSDT long looks favorable to target weekly resistanceThis one is again at the entry level as it has revisited the support zone and dipped below after successfully executing our first long idea. I believe this is again an opportunity to long from here and the target again remains 0.854 first and extended 0.90 in case the price has momentum while breaking the first level.
CRVUSDT likely to hit weekly support and bounceThis one is also aiming for weekly support WS1. 0.80-0.81. It has come quite close to it and I believe it wont shy away from it. However, that hit of the price to the weekly support may provide a long opportunity. The target for this long should be 0.854 and if extended 0.883.
CRVUSDTHow do you do dear followers,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for CRVUSDT
Here we have R3 and R2 which are our resistance areas in this chart with their demonstration of the disability of the price to rise at various points. R1 is a 4-hour resistance area. And as you observe, S1 is a long-term support area at the bottom that involves the well support of price at some different points even since the past. Clearly, the price experienced a great support at S1 area and via a notable rise, it could move up to the third resistance area. But after losing the support and being rejected there, we observed its decline down to S1 again. By having the last touch and support here, the price rose for another time to higher amounts and failed to move over R1 area. Therefore, it is fluctuating below our first resistance via a positive Marubozu Candle and we expect it to provide us two scenarios after being supported here and moving over R1 area. One of them would be receiving some confirmation candles for the purpose of a rise and then by being supported and breaking R1 line upward and via providing more fixation and fluctuation over there, more rise will happen in order to touch higher amounts including R2 and R3 (which are good points for saving your profits). But when the price falls down to S1 and loses the support at its current point or at any higher points in its rising trend, surely more decline will happen then. According to the chart and considering the signs here, when the price is fluctuating above S1, we won’t have so much decline. Please consider the market situation in lower time frames and then decide what to do exactly. We suggest you to save your profits in the resistance areas due to the fact that in the decline of the price, you will not have so much loss. Keep moving with our updates and analyses to have multiple pieces of information and ideas.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have a great time
CRVUSDT (1H) - Hi Traders
CRVUSDT (1H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 0.931 support level. Only the upward break of 0.979 would cancel the bearish scenario.
Trade details
Entry: 0.931
Stop loss: 0.979
Take profit 1: 0.901
Take profit 2: 0.853
Score: 7
Strategy: Bearish breakout
CRV: Resistance BreakoutTrade setup : Price reached $1.25 resistance and pulled back to 200-day moving average, which could be an attractive swing entry in Uptrend with upside potential back to $1.25. It just broke back above $1.00 resistance level, indicating Uptrend continuation. Note that price made a Higher Low during this recent downswing, which is also a sign of Uptrend.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.75, then $0.50. The nearest Resistance Zone is $1.00, which it broke, then $1.25.
CRVUSDT (4H) - Bullish breakoutHi Traders
CRVUSDT (4H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 1.048 resistance level. Only the downward break of 0.986 would cancel the bullish scenario.
Trade details
Entry: 1.048
Stop loss: 0.986
Take profit 1: 1.085
Take profit 2: 1.145
Score: 7
Strategy: Bullish breakout
CRV, Are you Ready!?I've had my eye on CRV for a few weeks now,
and think this coin is poised for some serious growth! With its price inching closer to a key resistance level, the market sentiment is looking bullish, and I believe this could be a great opportunity to get in on the action. This project has enormous potential, . Get ready for the ride. Trade safe. Don't get rekt
✅TS ❕ CRVUSD: reached the resistance area✅✅ CRV/USDT reached the resistance area.
The chart instantly reacts to resistance.
Price will turn around for a decline. ✅
🚀 SELL scenario: short to 0.925 🚀
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Remember, there is no place for luck in trading - only strategy!
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