CRV/USDT - High Probability of Bullish W PatternHello traders and community, today I will tell you shortly about the situation of CRV/USDT
Trend analysis
- As you can see from the CRV/USDT daily chart, the price of CRV started moving upward for testing current resistance zone (red rectangle) and so forming bullish W pattern. Right now CRV is still in range trend between two main zones (green and red rectangle), and we as traders need to wait for a breakout to open our trade position for making profit. As a trader, I recommend to put long position up to 2,9 price level for lowering risks (possible scenario on the chart). Resistance level is situated on 2,945 price level and Support level is located near 1,704 pricel level. Overall trend of this pair stays bullish and therefore it's great opportunity for trading and investing. Always check trustworthy signals before open your trade position!
Chart pattern
- Range pattern (functioning)
- Bullish W pattern (forming)
Technical indicators
- RSI: market is still in boarders and is located near 50 level (not overheated, Bull signal)
- MACD: MAs are prepared for upward movement + they get closer to each other (Bull signal)
- BB: Volatility of the market started stabilizing after volatile movement accomplished (Neutral signal)
- MA (10,20): MA10 is going upward to the level of MA20 (Bull signal)
= Overall bull signal movement
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P.S.: Information provided is only educational and should not be used to take action in the market.
Crvanalysis
CRV | Great Chart Pattern - S/RCRV made a great chart pattern in 15m timeframes. I think it goes like the path I've drawn.
There are multiple support/resistance areas as you can see in the chart with horizontal lines.
I think it'll be a great entry point to make %16 profit in the coming days.
How do you think?
CRV/USDTLooking at the CRV for the week that follows is the vision I'm trying to achieve.
At the moment it is better to wait for a breach of the low cala and a test at the top of it to make a better entry.
The volume is still low, but Weis Waves has just started a new positive wave of volume entry that could lead to the disruption of the bearish channel.
Such a break and the top of that possible break coincide with the interior of the Ichimoki Cloud, which in this case ends up acting as a strong resistance and something that should not be disregarded.
Let's wait for the breakup to be confirmed for the next few days ...
This is a particular idea, whether or not to follow it is everyone's decision.
a Possible noticeable increase in curve. crvusdt Analysis:🌟What is CRV🌟?
CRV is the governance token for Curve.
CRV is used for
1.Voting
2.Locking up to earn voting power and more tokens.
What is Curve?
Curve is a decentralized exchange for stablecoins made up of liquidity pools.
CRV Tokenomics
The Curve DAO is a fork of Aragon voting with a couple of added features like time-weighted voting.
You earn CRV by providing liquidity to any of the pools on Curve.
✅3 reasons why the price of Curve DAO Token (CRV) can grow more than 1000% in future:
Crypto friendly regulations, rising user activity and a recent collaboration with Yearn finance back Curve DAO Token’s recent triple-digit rally.
Over the past two mounths the entire DeFi sector has been in a strong uptrend and many of the top market cap tokens rallied by double and triple-digits. or more..
👉1.Yearn.finance collaboration
The noticeable uptick in trading volume for CRV began on Jan. 14 after Yearn.finance creator, Andre Cronje, tweeted a gif that read:
“Curve.fi presents, in collaboration with Yearn.Finance, permissionless pool creation. Stablecoin pools in 3 clicks. Crv.finance.”
👉2.Crypto friendly regulation creates opportunity for Curve
A second reason CRV has more than tripled since the beginning of 2021 relates to the recent stablecoin announcement from the United States Office of the Comptroller of the Currency.
👉3.Increasing user activity and total value locked boost fundamentals
A key factor in the success of any cryptocurrency project is the engagement of its community. For CRV, this is represented by metrics such as total value locked (TVL) on the platform and the volume of transactions per day.
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✅TECHNICAL ANALYSIS
As we can see in the logarithmic chart above, The current price you see in the weekly timeframe may form a hammer candle that indicates an uptrend. It should fluctuate around $ 2-3 and be in a range area .
although we haven't much data about the past of this currency but with Strong and at the same time with favorable conditions, the support with the support that you see in the green box and towards the goals with yellow, orange and red, respectively, the price targets of $ 6 and $ 23, and then even up to $ 200 or even more with a long-term vision in the future. Grow and although everything depends on the whole conditions of the crypto market.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
CRV - welcome to summer levels?Maintaining the harmonic line that keeps the price action by drawing the fibonacci lines we can deduce some of the following levels to take into account for the next three months.
In a broader daily view we see that the movement is gaining strength, waiting to resolve in the next few days to one side or the other. In both cases here are the levels of support.
CRV - 4h. The critical range $1.69-1.77The strong wave of growth that began on January 11 in the CRV market began to slow down. The main problem of growth inhibition was the range of $1.69-1.77.
As you can see in the chart on January 17, buyers failed to break this range, even on high volumes . Only after the correction and even high volumes, the price of CRV was fixed above the range of $1.69-1.77.
However, the price growth channel has changed. Trading volumes decreased . Now sellers are again trying to test this range. Buyers look quite confident and the current consolidation is more like increasing the position of buyers to continue to grow.
Therefore, in the short term we expect a repeat test of $2.25-2.35.
However, global CRV targets are higher . Where? See our global idea:
https: //tradingview.sweetlogin.com/chart/CRVUSDT/mE2XspE6-CRV-12h-Harmonious-growth-needs-short-term-rollback/
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CRV breakout of bullflag, Read idea well !CRV / USDT
Price show huge gains last few days and started to correct in flag pattern ..now we can see potenial Breakout of bullflag
Please note that entery now is high risk taking into consideration it already pumped and BTC current situation
If you looking for entery i suggest wait for retest above trendline (best safe approach in current situation) and stoploss will be close again below trendline
🚨This isn't signal its idea and reading chart.. signal is coming with entery and targets and stoploss
Trade at your own risk
Good luck and happy trading
CRVUSD (Waiting for the trend line Breakout)#CRVUSDT Technical Analysis Update
Waiting for the Trendline Breakout
CRV/USDT currently trading at $0.565
LONG ENTRY: Above $0.605 (Only enter long if 4 h candle close above $0.605)
STOP LOSS: I will update once I see the Breakout
Resistance level 1 (Target 1): $0.700
Resistance level 2 (Target 2) : $0.855
Resistance level 3 (Target 3) : 0.960
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
CRV 4h Will 250% growth happen again?Less than a month has passed since the previous CRV idea was published.
The growth potential by 250% has been fully worked out! Take profit at the level $0.91 has been clearly achieved.
Now we expect the price lowering to $0.486-0.546.
It is in this zone, in our opinion, that the CRV future will be decided in the coming weeks.
In case of capitalization flowing from BTC to altcoins, CRV may grow again by 250% to the level $1.28-1.30.
A negative scenario is a price decline, first to the base level $0.33
with a possible extension of the fall and the bottom renewal at $0.216.
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CRV/USDT
CRV/USDT
Quick Analysis
This coin dropped very hard from its top
And make double bottom
Also we can see recently in 4h frane chart ema 20 became above ema 200 (bullish)
Strong Support level around 0.54$
As long as CRV Hold above this level we can see next target at least 1$ soon
Now Look at daily chart
This not buy signal just reading chart
(Signals comes with targets and stop and buy areas)
Make a plan before buy or sell
Follow and subscribe for more
Good luck and happy trading 🌹
CRV 12h. There is growth potential by 250%, but ...For the second month now, the Curve finance token price has been in a strong downtrend .
In September, the TVL project volume reached over a billion dollars . Curve finance has often been in the top 3 DeFi projects.
Now buyers have managed to reverse the downward trend by testing the first mark $0.67.
Despite the fact that now all attention is focused on BTC , this token reacts quite strongly to positive news. However, the general short sentiment in the crypto market does not give the CRV a free price flight up.
At the moment the CRV price is moving towards the level $0.382 , where the further future will be decided. The price will probably stop at this level and consolidation will begin.
We will watch this battle together with you. For now, we are forecasting two options of price movement.
Buyers' victory will give the green light for the price growth to $0.91. And that is 250% growth!
Another option provides for a continuation of the fall to $0.216 , which is -40% of the likely consolidation level.
As we can see, this token can give a good income if you follow it.
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CRV Probability#CRV USDT Anylysis ✌ 🤲 ⭕ ⭕
Keep Eye On This Key Support Zone,
In My Previous Analysis I Already Told You Crv Are Trying To Breckout Upper Trend Line.
If Price Failed To Hold This Kew Support Area. Next We Can See Another Deep At Lower Support Zone. If Price Successfully Beakout Upper Trend Line, It Will Touch Our Upper Resistance.
1️⃣ Resistance 👉 1.14
2️⃣ Resistance 👉 1.24
1️⃣ Support Zone 👉 0.88
2️⃣ Support Zone 👉 0.70
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⚠️ Always Do Your Own Anylysis
Best Of Luck.... ✌ 🤲
CRV Probability It's Only Probability..
Nothing Is 100% Correct..
Lower Support Is like 0.70$
🟢 Always Do Your Own Anylysis,
🟢 Always Follow The Trend,
🟢 Always Believe In Your Analysis,
🟢 Don't Look Others Analysis,
When You Already Takes Entry,
🟢 Be Patience , Be Positive.
🟢 Learn From Your Every Mistakes.