TradingOn

$CRV/USDT 4h (#BinanceFutures) Falling wedge on support

Long
TradingOn Updated   
BINANCE:CRVUSDT.P   CRV / TetherUS PERPETUAL CONTRACT
Curve Finance looks locally bottomed and is likely to bounce back on demand zone!

Current Price= 1.088
Buy Entry= 1.092 - 1.013
Take Profit= 1.322 | 1.515 | 1.708
Stop Loss= 0.838

Risk/Reward= 1:1.25 | 1:2.15 | 1:3.05
Expected Profit= +25.54% | +43.86% | +62.18%
Possible Loss= -20.41%

Fib. Retracement= 0.382 | 0.559 | 0.702
Margin Leverage= 1x
Estimated Gain-time= 2 weeks

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

Website: curve.fi

Contracts:
#ERC20 0xD533a949740bb3306d119CC777fa900bA034cd52
#SPL 7gjNiPun3AzEazTZoFEjZgcBMeuaXdpjHq2raZTmTrfs
#xDai 0x712b3d230f3c1c19db860d80619288b1f0bdd0bd
#Fantom 0x1E4F97b9f9F913c46F1632781732927B9019C68b
Trade closed: target reached:
TP1 reached with +25.54% and +1.25R

CurveFinance bounced as expected and regained 50MA support, DeFi recovery is in the air!
Looks good for bullish continuation, SL edited up to lowest entry (1.013) in any case.


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