TradingOn

$CRV/USDT 1D (#Bybit) Descending trendline on resistance

Short
TradingOn Updated   
BYBIT:CRVUSDT   CRVUSDT SPOT
Curve Finance is facing 100EMA / supply zone and seems likely to reverse, if not we'd gladly long once resistance is cleared!

⚡️⚡️ #CRV/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (1.0X)
Amount: 8.6%

Current Price:
1.198

Entry Zone:
1.218 - 1.393

Take-Profit Targets:
1) 0.909
2) 0.650
3) 0.392

Stop Targets:
1) 1.607

Published By: @TradingOn

Risk/Reward= 1:1.25 | 1:2.15 | 1:3
Expected Profit= +30.24% | +50.12% | +69.92%
Possible Loss= -23.33%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months

Tags: #CRVUSDT #Curve #DAO #Governance #Yield #Farming #DEx #AMM #DeFi #SolEco

Website: curve.fi

Trade active:
1st entry filled

Curve Finance accurately got rejected on 100EMA resistance, bringing up to +18.79% (1x) already.
Local support is not broken yet but next attempt would probably be enough to reach 1st target!

Trade closed: target reached:
TP1 reached with +29.60% and +1.3R

Curve Finance clearly broke-down this time bringing us a very nice profit during big sell-off!
Lower targets remain valid, SL adjusted down to highest entry (1.394$) to secure the trade.

Trade closed: target reached:
ByBit USDT
CRVUSDT.P All take-profit targets achieved 😎
Profit: 47.8551% 📈
Period: 12 Months 8 Days 12 Hours 46 Minutes ⏰

⚡️⚡️ #CRV/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (1.0X)
Amount: 8.6%

Entry Zone:
1.218 - 1.300 ✅

Take-Profit Targets:
1) 0.909 ✅
2) 0.650 ✅
3) 0.392 ✅

Published By: @Zblaba

🎯#CRVUSDT 3D (ByBit) TP3 reached with +3.0R

CRV made it to final target after almost hitting it last year, supply zone worked twice, what a ride!


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