Hi traders, another opportunity for crv , a breakout can take us to the previous high for profits and also considering dca the next level to buy indicated.
Simplified analysis
Tradehubng
In my point of view Curve Dao token was in a Zig Zag correction from the beginning and finally it seems to coming to an end. More possibility to break this purple trend line(falling wedge/Ending diagonal) upwards and continue it's new bull market. Currently we are in a good buy zone. Minimum Bull Market targets are 4$-6$.
DYOR. Manage your risk and fund
Looking at the CRV/USD chart, It looks like CRV is at a 1Day resistance level. If we can manage to break this level and retest, it might give us a great buying opportunity with a target of .72 cents. We need to flip the resistance level 'red rectangle' and turn it into our new support.
Use proper risk management and this is not financial advice.
COINBASE:CRVUSD
Hii
I am sharing this long position that I see has some good upside potential.
Entry at around $0.61 per unit and exiting on different targets:
TP1: $1.06
TP2: $1.47
TP3: $1.89
let me know what you think
There are two interesting things going on with Curve Dao Token $CRV. First, it enters an accumulation zone and second, if this daily candle holds then we can confirm this is a new order block. Looking for first level of consolidation before determining price targets
I still expect some more corrective price action to the downside, but the overall scenario is bullish.
This primary count considers we are correcting the leading diagonal, and price could really pump soon.
The green zone around 0.47 is strong support.
Modest Recovery: CRV price hints at a potential double bottom reversal after a minor bounce back.
Morning Star Formation: At the 61.80% Fibonacci level, a morning star pattern emerges, suggesting a turnaround.
Challenging $0.72: A reversal could lead to testing the $0.72 high, signaling a possible breakout.
Muted 2023 Performance: Despite a recovery in Q4 2023,...
Hi Traders
CRVUSD (4H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 0.490 support level. Only the upward break of 0.552 would cancel the bearish scenario.
Trade details
Entry: 0.490
Stop loss: 0.552
Take profit 1: 0.451
Take profit 2: 0.389
Score: 6
Strategy: Bearish breakout
Curve Finance community votes to reimburse $61 million in losses from July hack, ensuring trust in decentralized finance security.
The decentralized finance (DeFi) community of Curve Finance has taken a decisive step toward addressing the aftermath of a significant security breach in July. In a recent development, most of Curve’s token-holders, accounting for...
Rounding Bottom Reversal Opportunity: CRV's price action suggests a rounding bottom reversal, indicating growing momentum in the recovery rally.
Long-Term Trendline Breakout: A breakout from the long-term trendline marks an end to the bearish phase and signals a trend reversal.
Potential Rise to $0.70: Sustaining above the 50-day EMA could propel CRV's price to...
