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.
CRVUSDT.P trade ideas
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.
CRVUSDT # 003 ( About to broken important Arc Resistance ! ) Hello dear traders .
Good days.
CRVUSDT get support for 2nd time from weekly Gann Square Fan trend line and is about try attack important Gann Arc resistance which 2 time failed .
It will move upward after broken arc resistance to test next Gann fan trend line which will be @ the end of OCT-2023 .
Good luck and safe trades.
Thanks for your support and comments.
#CRV/USDT is looking good for Spot in 4-Hour TF!#CRV/USDT is looking good for Spot in 4-Hour TF!
LSE:CRV needs to clear the PWH to gain the bullish momentum. Wait for Previous week high $0.476 breakout to open a long position.
The major support level is PML $0.3865, and the resistance level is PMH $0.5535.
$CRV had thought i'd long this sooner or later since the hack it got battered a fair bit
attempted range high now coming back
either a sweep or front run of range low
this time shall break free IF the entire market sends
Dixie approaching the 200 ema on the H4 so likely a bounce meaning may get entreis a tad lower or a sweep of FWB:27K on corn
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.
CRV's opportunityHey guys I've been watching and scalping CRV for the last 2 weeks with great results.
I found the coin when looking for high volatility pairs I could trade on Binance spot.
CRV has been trading in a very interesting support area and I'm watching the EMA 200 day for a potential bullrun, although price is already 30% up from all time low in just a few days.
Keep in mind this is a low cap high risk/ high reward type of shitcoin, so don't go all in. Remember that 99% of altcoins go to zero.
I will keep you updated on this one.
CRV, some whales are accumulating!! BINANCE:CRVUSDT
Hodl this now!
On a daily timeframe, it broke out the Tenkansen line with good volume. Bullish from here?
Firstly, it needs to break the higher res at 0.49 - 0.5
Do your own risk management.
Follow me for more chart analysis.
Patience is the key to success.
DYOR
CRV target 0.58 (risk to reward ratio 5.3)2h time frame
-
CRV is making a continuation structure of the pumping wave(0.464~0.544), here is a potential divergence triangle structure. If CRV accumulate pumping momentum from this zone, then we can expect it to take the upside.
TP: 0.577~0.594 / 0.62
SL: 0.501
Brief Analysis——CRVTwo months ago, CRV was sold off as Curve was hacked. And the founder Michael Egorov borrows stablecoins by mortgaging CRV in lending protocols such as AAVE and Fraxlend. The risk of CRV is spread across these lending agreements. The liquidation price for these loans at the time was $0.4. For a long time afterwards, in order to avoid the occurrence of liquidation disaster, Michael sold CRV through OTC to obtain stable currency assets and repay the loan. The price of CRV sold through OTC is $0.4, and the buyer verbally promises a lock-in period of more than 6 months.
Recently, CRV has risen, becoming one of the best-performing tokens since September. Our research found that Michael has paid off all his loans on the AAVE protocol and has seen a decline in health rates on other protocols. The next CRV liquidation price was reduced to $0.378.
On the upswing of CRV, bears was not strong. We can see from the MBF indicator that bottom buying sentiment continued to increase as the price approaches $0.4. These sentiments do not include OTC buyers. Combined with the WTA indicator, these dips are more the behavior of major retail investors, and the blue columns are not obvious in the early stages of the rise.
Switching to the 4h level, we can see that starting on Sep.20, whale participation began to increase. The slope of rise steepens. But in detail, the decrease after the increase in whales is also obvious (shown in the black rectangle). In the first black rectangle, CRV callback and some whales start to take profits and close their positions. After that the price rises again and an upward pin-bar appears. In the second black rectangle, another part of the whales once again took profit, and the price remained fluctuating to protect the whales' profits. We have seen this phenomenon many times with other coins.
Let's talk about something different. We have pointed out two position with green arrows where the bulls experienced strengthening. Although many whales have left. The bulls in this part may be supported by retail investors. If you hold a long position, you can take profits after the bulls decreases. There is a certain possibility that whales will enter the market again after the fluctuation, so in addition to the candles, you need to pay attention to the blue columns on the WTA indicator.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.