Long signal for CRV/USDTThis technical analysis is based on the daily chart of CRV/USDT on the Binance exchange. This analysis draws two price channels and evaluates support and resistance levels.
Price Channel Analysis:
The previous bearish channel is broken out, and a bullish channel is formed.
The suggested entry point is around 0.4564 USDT.
Entry and Exit Points:
Entry: 0.4564 USDT
Take Profit: 0.5648 USDT (23.77%)
Stop Loss: 0.4302 USDT (5.74%)
R/R Ratio: 4.14
Conclusion:
This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 4.14, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.
CRVUSDT.PS trade ideas
Alikze »» CRV | Congestion exit and dynamic trigger failureIn the weekly time, after a complex correction, now after exiting the concentration, it can take two paths in the face of the resistance ahead, of course,
🔰in the lower time, a shadow has been cast on the green box area. Therefore, after breaking the red bar, it will have the ability to grow up to the first supply zone, and if it continues, it can touch the second supply zone. If the behavior and structure of the post changes, it will be updated.
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CRV Set for Liftoff as Monthly Support Solidifies at $0.40Curve DAO Token (CRV), anticipating a significant upswing in the coming weeks. CRV has found support at a crucial monthly low of $0.40 , potentially signaling a reversal of its recent downtrend.
This monthly previously support has instilled confidence in the token's ability to climb towards higher price targets. I am cautiously optimistic, projecting a potential surge towards $0.70 and even $0.86.
The coming weeks will be crucial for CRV. If the token can maintain its momentum and surpass the $0.40 support level, a surge towards the projected targets becomes a more realistic possibility.
CRV - on its lows at 3DThis 0.50$ pirice level is very important to watch. If we will not be able to bounce up above this level and stay there I think CRV didnt bottomed yet and we might test 0.20-030$ price level which would be my second buy zone. Indicators are laying on the ground and CRV is sleeping for a very very long time now. A lot of people are longing and expecting strong push to above 1 - 1.5$ range. I would be careful here because coin is laying on its lows now and people might sell because they will not have strong hands here for this pretty long time of slow moves. Anyway Im longing from 0.40$ but as I mentioned we must go above EMA's and change the direction at 3D time frame. Now everything looks really bad.
CRV offers an exceptional Risk Reward Ratio hereCRV/USDT (Curve DAO)
Sector: Decentralized Exchange
Market Cap: $520M
The CRV token is currently on its lower support level, the one that had held its price before the 2021 run and which has held its price during the last two years of Bear Market.
The risk appears limited at this entry point by placing a Stop Loss below the support. The risk-reward ratio is exceptional if we manage to hold the support.
Another wise entry point would be to wait for confirmation of the underlying uptrend by making a new point higher than the previous one on the 3 Days timeframe, with a close above the downtrend line which has been acting as a resistance since summer 2022.
If we have indeed already found our bottom level, we will need to take profits all the way up, because selling all our tokens at the market's highest point is simply unhoped-for and the probability of getting there is close to 0, so secure a maximum of profit if you get the chance and don't let slip it away!
CRV looks very bullishCRV seems to be at the end of a big correction. This correction on the chart started from where we placed a red arrow.
It seems that this modification was a diametric one. Now the last wave of this diametric, the G wave is ending.
By maintaining the green range, it is expected to move towards the targets.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Ditch These ALTCOINS that are UNDER PERFORMING💀Some altcoins have stayed behind during the most recent BTC surge. These include :
👎 DOT
👎 XRP
👎 ADA
👎 UNI
👎 HBAR
👎 CRV
👎 ALGO
Overlay any of these with the BTC chart, and you get something similar to this.
Now compare it to the PREVIOUS BTC all time high.
I'm not saying these coins are done for, or that they do not have a future. But my focus is on coins that can be tradable and profitable in fairly short periods of time. Holding on to an alt that doesn't move for months (only to increase 15%) is a bad strategy.
It would have been more profitable to take the loss and trade another coin with 50%+ increase, such as ETH, SOL, DOGE, NEAR etc. to name a few examples.
Ditch them and focus instead on coins with more volatility - You can't be holding through an entire new BTC high and the alt has barely broken out of accumulation - this simply won't do, because there are many other trading opportunities where you can make bigger gains and better profits just because they actually move.
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BINANCE:BTCUSDT BINANCE:XRPUSDT BINANCE:ADAUSDT BINANCE:DOTUSDT BINANCE:CRVUSDT
CRVUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Im waiting for growth from current price or through one more decline in 0.33 - 0.3$ zone.
Entry: Market and lower
Targets: 0.73 - 1 - 1.3 - 1.6
Main target zone: 1.6 - 2$
Stop: (depending of ur risk).
ALWAYS follow ur RM.
risk is justified
It's not financial advice.
DYOR!
CRVUSDTHi guys
This cryptocurrency is one of our watch list. If the long-term downward trend line is broken, we expect an upward trend similar to the scenario.
Buying or adding volume on these areas is very risky. The price areas of $0.6675 and $0.5517 are low-risk areas for buying.
What do you think?