Hello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame and was able to break its triangle upwards. We enter into a deal for the above purposes
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Evident CRV started at high prices and sold off, found a bottom and is now pushing up those initial higher prices
Using the 1D chart we can derive the cap of the market is the SR block of $3.6-$3.1 - mid and late August 2020
One we clear this which lines up with the deviation level on the LTF setup there isn't really any resistances, similar to XRP above $1.1
$CRV fundamentals are solid here, DeFi etc.
Chart is strong
Micro range, deviation beneath (stop hunt), push above, retest and a good push to the upside
We have also formed a smaller bullflag in this micro range, bullish accumulation under the resistance of 3.4-3.5
Strong reclaims of mids, break and retest of flag and deviation level marked will all be solid...
Total value locked in the curve finance is increasing too.
There is a prominent cup and handle pattern in the daily charts.
I have entered some long positions in CRV. This chart is just an expression of possibly trajectory for CRV in the coming weeks.
Crv broke down trend and price consolidated around current price. looks like there will be a leap if bitcoin can stay stable.
first target 2.8
second target 3.2
last shortterm target 3.6
can go up to 6.8 as a long term target in a mega bullrun .
not financial advise.
- CRVUSDT is resisted by the descending trendline resistance (DTR).
- Price is testing the descending trendline resistance (DTR).
- Price action is printing a symmetrical triangle (ST) pattern at the test zone.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and the symmetrical triangle's inclined...
Curve is currently consolidating within a bull flag formation with 4 hour RSI preparing to cross from oversold conditions to trend reversal to coincide with price moving up.
If the pattern plays out, I expect it to breakout and head towards $2.80 region.
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Shorting opportunity with $CRV - Potential Head & Shoulders pattern in play, with a lower target of $1.25.
Remember always use a stop loss!
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