Looking back at Curve over time, we formed a downtrend within this parallel channel, and have yet to have exited the channel. We are approaching the bottom of the channel once again, and above is just an idea for what I think it may do moving forward over the next few days/weeks. CRV likes to make inverted head and shoulders, followed by volatile moves up...
$CRV has had a particularly brutal life up to this point. Buyers have lost quite a bit betting on this coin. Altcoins are a gamble and being wrong about your entry is particularly unforgiving compared to more generic assets. However, if you pay attention to the patterns, ignore the FOMO and look for trends, the picture becomes more clear. In this case, we seem to...
Welcome Traders >> We Have Here Opportunity And Direction For CRV/BITCOIN ♦️ We Have Trend Line >> Waiting For Break Out ♦️ We Have Very Strong Resistance Area >> Break Out Done ♦️ We Have Side Way Channel Area >> Waiting For Break Out ♣️ Vision ♣️ After Price Break Out We Will Take Long Position To Targets On Chart !! Attention !! Any Close Down...
Attempting now to break out of triangle after reaching new lows, needs to break and stay above purple line, otherwise may test bottom of triangle again. A clear break above should take us to 22, 25, 28 or higher, see fibs and parallel fibs for targets. Break below yellow line may send us down to 15s or lower
CRVBTC is sitting on its trendline and I think it is getting ready to explode. If idea is valid, targets are on the chart. Breaking below the trendline invalidates this idea. Put your stop loss accordingly. Not a financial advice. DYOR!
4H hollow candlesticks. As price stays in the uptrend parallel channel we have bullish trend. Price Forecast up to 114%. MACD is flat and slightly bullish. steady volume. Support and Resistance areas are shown. Curve DAO Token (CRV) $2.08 USD (16.44%) 0.00020113 BTC (12.66%) 0.00564531 ETH (5.21%) Market Cap: $338,555,287,089 24h Vol: $143,330,540,845 BTC...
We hit one adam and eve reversal pattern that went up approx 71% the length of the eve formation. It looks like we are doing it a second time, short term target approx 22330 sats (where the second cross is) If we move passed 22660, further upside is possible.
CRVBTC retracted almost 70% for 4 days. I expect at least a short term move to 0.382 and 0.5 fib levels. Of course it all depends on BTC movement. Trade safely. Do your own research. Not a financial advice.
Yesterday we had what looked like a parallel channel uptrend forming, it has flipped and formed a downtrend. We still have a parallel channel at the moment, any further down from here invalidates this channel too.
Trying something new with CRV - this idea has us forming a parallel uptrend, with fibs drawn inside the channel indicating targets. A clear/clean break below the channel invalidates. Moving up within the channel and stopping near fibs may indicate this is our uptrend, until channel is broken.
Just an idea, it's happened 4 times now with this token, can we do it a 5th time? Ask BTC for permission ;) Previous related ideas linked below - also posted another idea earlier today (W shaped recovery), channel already invalidated, but something like that may play out also. Alternatively, we head down further and this was not a real bottom.
Here's a new idea after following the inverted Head and Shoulders move: We have formed an uptrend, this is our new channel, movement within the channel may look something along these lines (pun intended), and if so - it'll be incredibly profitable. Alternatively, if we continue downwards from here, it's possible we form a double bottom on the longer time-frames.
CRV/BTC -The price got rejected by the upward trendline resistance around 4700 sat -It is more likely to come down and test the green support area at 3200 sat -If CRV will continue its uptrend movement, the next target is 5500 sat -Candle body below green support will invalidate my short term Bullish bias
Inverted Head / Shoulders / Triple Bottom confirmed, we broke the neckline for the HSi and for the triple bottom move, and hit both targets 1 and 2. We're currently testing the 0.5 fib from today's move. If we get passed the green box where target 2 was, we can expect potential for a much larger move up. Zoom out to see long term fib levels for potential...