CRV USDT (LONG)The main factors in making a decision on a bullish position
> Structure breakdown into an uptrend
> GAP zone from which the price usually gives a good reaction in the direction of the trend
> Overall market direction is more bullish
30% confidence in the trade - it is too early to talk about a full move and it is hard to say what will happen without confirmation. For now I will globally watch longs position
NOT RECOMENDATION
CRVUSDT trade ideas
CRV/USDT Trading ScenarioOver the past 820 days, CRV has been in a steady accumulation phase, as indicated by volume profile analysis. In early August of this year, the asset reached a new all-time low at $0.1794. This decline led to a significant increase in buying volumes, signaling strong investor interest and active accumulation of positions.
The volume profile analysis reveals a concentration of trading volumes in this price zone, which is characteristic of an accumulation phase. The continuous price decline, coupled with rising buying volumes, suggests that the asset may be preparing for potential future growth.
Considering the current accumulation phase and the increasing interest from buyers, it can be inferred that the asset is on the verge of potential growth.
crv looks ready for 2x bullish wave seems like crv has already completed its corrective wave and now ready for bounce back
descending channel with other multiple resistances has already retested after breaking out rsi printed massive bullish wave expecting solid recovery in next days expecting 2x bullish rally
CRVUSDT.P on early startCRV has been in the accumulation phase 780 days already.
The asset has formed falling wedge pattern with the signs of the end of the previous global trend. Volume inside the wedge has been decreasing.
Trend has changed on the 4H (locally) and the price want to test the upper boundary of the wedge. There is a high chance, that the wedge will be broken, so investment trades are also possible.
Trade cancellation will occur, if the price will breakdown current support and fix below it.
DYOR
#CRVUSDT In a Perfect Setup to Rally From the Support ZoneYello Paradisers, ready for a potential #CRV rally from the key support zone? Let's look at the latest analysis of #CRVUSDT and see what's happening:
💎 LSE:CRV is currently hinting at a bullish continuation from a critical support zone at $0.245. We’ve been watching #CurveDAOToken closely as it follows a falling wedge pattern, and now it's broken above the descending resistance line. Internal resistance at $0.408 is the next target for CRV.
💎If #CRVUSDT holds strong at this level, we could be on the verge of a significant bullish rally, echoing previous trends. A breakout above the key resistance at $0.408 might set the stage for a run toward the next resistance zones and beyond.
💎However, caution is essential. If the momentum falters at this critical support, we might witness a rebound from the lower support area around $0.18–$0.20.
💎Stay sharp and keep a close eye on #CRV price action. A daily close below the demand area could invalidate the bullish scenario and open the door to further declines.
Remember, the market rewards those who stay focused and follow their strategy.
MyCryptoParadise
iFeel the success🌴
CRV — Ready For A Free Fall? CRV is currently trying to stay above the neckline of a head and shoulders pattern on the 1H chart.
A break below the neckline will inevitably trigger downtrend momentum and send the price toward 0.25 (or lower).
Especially if the broader market turns red during the next hours, CRV will be in massive danger.
Therefore, watching the neckline and shorting once it breaks below is certainly an option. However, due to today's volatility, such a trade bears a higher risk level and should only be executed with a tight stop loss.
Movement Towards Higher ResistancesCRV is currently within a range that could play a crucial role in determining the next price direction. This range is between $0.26 and $0.29 and could act as a balance area.
Potential Scenarios:
Downward Pullback:
If a downward pullback occurs, the price might reach the $0.26 to $0.29 range. This range is considered a significant support area that could prevent further price declines and lead to a price rebound.
Movement Towards Higher Resistances:
After stabilizing within the support range, the price might move towards targets of $0.34 and $0.37. These levels are considered important resistances, and breaking through them could signal a strengthening of the bullish trend.