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Crvusdt

CRV macro viewI've been requested to analyse CRV. As the history of this project is pretty recent I prefer to check the weekly to assess how's doing on a macro scale. After the normal dump which usually follow up every project new listing you can see it regained momentum during last Q1, on weekly it's forming what I think it's a triangle rather than a wedge. If I'm right this pattern will breakout upward as it's a continuation pattern. Also, the general sentiment is that altseason is close and this should boost CRV as well. I'd wait the end of the week to understand if price will be able to break through that resistance line and then, if it does, I'd make my entry. Meanwhile you can see two dashed lines there representing first R and S in case of breakout or rejection. On the long run the target "by book rules" is on the chart. Good luck
Long
by Shotokhan
2
CRVUSDT - Retesting breakoutCRVUSDT - Retesting breakout. Watchout Let's follow price action and adapt our plans based on the supports and resistance indicated. Always follow risk management. BTC can be volatile. We have seen quite a few flash-crashes of late. ------------------------------------------------------------------------------------------- If you like this idea: 1) Please follow me for more content 2) Give this idea a like so that Trading View algo can take this idea to more users. -------------------------------------------------------------------------------------------If you have comments both for and against the idea: 1) Let's exchange ideas in the comments 2) Discussions can help the community as a whole and also helps me learn a lot
Long
by muthiahsriram
CRVUSDT Curve Dao Hello Traders, this is my idea for BINANCE:CRVUSD . According to CMC: Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity. Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020. In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.
Long
by IllyrianTrader
CRV/USD - $3 conquered, next is $4! CRV has done a fantastic recovery on this new leg up, breaking our resistance just under $3 dollars and quickly making it support! This is extremely bullish and gives us confidence that we can easily reach $4 which is our next major resistance. The indicators favor this bias particularlyy MACD and volume which are both bullish on this price ascent. Volume increased as we went up = very bullish and MACD did a bullish cross two days ago, this will last for at least a week or two. The only time to be concerned is once we approach $4 resistance because we had several rejections at that level as indicated by the lovely yellow hammers. :) For now, longing this is a nice risk/reward entry. However, be mindful of a possible re-test of our current support, that may provide a better entry, if offered. For now CRV could just pump to $4 without looking back. What can I say, the bears were left behind on this train. :) Like and follow if you liked this idea!
Long
by DU09
6