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CRV3xLong/Tether

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CRVUSDT.3L trade ideas

Bullish Double Bottom on CRV/USDT Pattern: Bullish Double Bottom Pair: CRV/USDT Entry Point: Breakout above the neckline at 0.5376 Trade Parameters: Entry Price: Buy once the price closes above 0.5376 Stop Loss (SL): Set the stop loss just below the neckline (approx. below 0.5376) Take Profit (TP): Target a price level of 0.66 Rationale: The bullish double bottom pattern, characterized by two consecutive price troughs followed by a breakout above the neckline, indicates a potential trend reversal from bearish to bullish. We'll initiate the long position once the price closes above the neckline (0.5376), which serves as our entry trigger. To manage risk, we'll place our stop loss just below the neckline to protect against adverse price movements. The target price (TP) for this trade is set at 0.66, which is determined by measuring the vertical distance between the lowest point of the pattern and the neckline and adding it to the neckline's breakout point.
Long
by GTradeTN
4
CRV/USDT Bouncing significant, Ready to Continue Upward Move ??💎 CRV has undeniably caught our eye. It's rebounding after touching the Bullish OB zone. Observing its short-term trend, it remains predominantly bullish, evident from its consistent higher highs and higher lows. 💎 Currently, CRV seems to be forming another higher low within the Bullish OB zone, suggesting potential for further upward trajectory. The immediate target for CRV lies at the supply zone. Should CRV surpass this supply, it would pave a smoother path towards the Bearish OB zone. 💎 On the flip side, if CRV retraces downwards to test the Bearish OB and fails to maintain its position within this zone, there's a risk it might descend further to the key support level.
by MyCryptoParadise
CRV/USDT 1-Day TF: Bullish Momentum ResurfacesBINANCE:CRVUSDT CRV/USDT has recently shown renewed bullish momentum on the 1-day timeframe. This suggests that market sentiment is shifting, with bulls gaining control. It is important to monitor this development closely, as it may present a favorable opportunity for traders and investors. Traders who are bullish on CRV/USDT may want to consider taking a long position with a stop loss below the recent swing low. Risk Management It is important to note that all investments carry risk, and there is no guarantee of profit. It is important to do your own research before making any investment decisions, and to risk only what you can afford to lose. Disclaimer: This is not financial advice.
Long
by ChartsInsights
CRV | Is preparing for something huge.Despite the problems that CRV went through, and the problems that Michael Egorov had. However, it has clearly begun to regain its activity recently, especially since we are in the spring season for Defi currencies. I actually entered it from the price of 0.408, and indeed I have a very acceptable profit currently, but its chart gives us clear indications of further rises. The stop loss is at a daily close below 0.48, even if I do not prefer this type of stop loss, especially since most currencies fall temporarily to hit the stop loss and then return to the rise. Targets are indicated on the chart. Good luck.
Long
by AhMohHe
10