CRV - Curvy trendline for the winReasons to take short if BTC allows:
⭐️ Trendline is 7 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the Trendline
⭐️ Volume appeared at top
⭐️ 6th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
CRVUSDT trade ideas
CURVE double bottom 📖💡🚀 Hello 🐋
Based on the chart after a long time, correction to the downside these days we have appropriate amount of volume, or we can say new volume for the price and the price is close to the major support and shape the double bottom pattern ✔️
if
the price breaks the major resistance or better to say the round number$1 to the upside and stays above this level, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Will the triangle break on the upside?In the chart, we see the formation of a triangle pattern, and if there is a successful failure with good volume, we expect an increase or fall as much as the base of the triangle. The reason for the formation of an upward trend in the higher time frame is the expectation of the triangle breaking in the upward direction. I have important support on the price of 0.9185 and resistances on the way of the trend at 0.9971 and 1.0115 and I expect growth up to the price of 1.1001.
CRVUSDT | KEY AREACRVUSDT is trending near horizontal resistance zone. The price action shows that earlier price get rejected from same area.
The rejection from resistance zone will bring bears and can approach to risisng trendline. While the break above mentioned zone will bring bulls in complete control.
CRVUSD (Daily) Bearish Wave We2Hi Traders
CRVUSD (Daily Timeframe)
A High probability, entry signal to go SHORT will be given with the downward break of 0.678 after the market found resistance at 0.878. Only the upward break of 0.878 would cancel the bearish scenario.
Trade details
Entry: 0.678
Stop loss: 0.878
Take profit 1: 0.340
Take profit 2: 0.116
Score: 8
Strategy: Bearish Wave We2
CRV is moving to where it startedBINANCE:CRVUSDT price has been falling since the begging of 2022. It dropped by around 90% from its top of $6.9.
The price is still under 21 and 30 day EMAs. So, there is no need to change the strategy. It is still a bear trend. I expect the price will test November-December 2021 lows, and even lower in the next term.
After this sell-off, there will eventually be a consolidation. But this is another story.
This may mean that there will be a bearish + consolidation period in the next couple of months. To recap, a bearish trend is the main scenario.
This is not a financial advice. Trade wisely.
CRV We talked about in my last post about CRV if we could break and hold above $.73 and remain above $.65 this could be looking like a nice break out to the upside targeting $.86-$.96. Since that post we have actually built in an inverse head and shoulders and we are currently breaking that to the upside. We do need to see some more confirmation as this $.80 flipping to support But if this does continue to hold this $.80-$.79 area the next target is $1.03. I am still in my trade that I took in the $.73 range and $.68 range with a stop loss below 65 and now I have moved my stoploss to $.70 cents. This is looking beautiful as long as bitcoin remain positive and above 19,700 this should signal another bullish move to the upside