After months of consolidation, Curve Dao looks primed for a pump. Once it gets over $2.86 and tests it as support, I think price will move quickly to $8.28, and potentially all the way up to $11.80.
I added key short term dates and longer term dates to watch for changes in price action. Let's see how this plays out over the coming weeks.
Comment
⋅
Looking like we should see a breakout next week... let's see... Still accumulating
Comment
⋅
I just took profits... will look for a retrace to reenter
Comment
⋅
No change in the longer term view... my longer term view has targets all the way up to $55... looking at these levels on the way up from here $8->$11->19->$24->$37->55
Comment
⋅
CRV straight going for it... reentering in the high $4 range. Let's see if both targets can get hit.
Comment
⋅
Entry at $4.78. Will move up stops as price goes up. I'm thinking there could be one more pullback somewhere in the $5-6 range that I'm cautious of before the full run up begins. Looking for a final target somewhere between $37-55 (potentially higher if it can break it's ATH). Will take profits at these levels on the chart on the way up.
Comment
⋅
Was stopped out at $4.87. Maybe we get a retrace before higher. Will update as I see more price action play out.
been keeping an eye on CRV for a while...now more than watching this one, thanks for the nice analysis/idea
Netris101
⋅
Okay nice Idea 💡
mikesbass
⋅
Maybe the 5.51 touch on 10/27 is that 5-6 pullback ? and we are still experiencing it...keeping an eye on these false breaks we have seen, wondering if 4.60 range will remain bounce line support or if we will see it trace back to 3.5 range before re-entering the bull trend? Initial entry 2.8 TP on a SL at 4.15 in that early morning market drop on 10/26, waiting for re-entry. CRV from what I can tell is very solid fundamental wise, and in at almost any price is a good long imo....