TradeDog-Research

CRV-USDT(Ascending Triangle Breakout)

Long
BINANCE:CRVUSDT   CRV / TetherUS
Curve is a decentralized exchange that uses an automated market maker (AMM) to manage liquidity. With ~$4.18 Bn locked in its DEX, Curve Finance holds third rank among all the DEXs in terms of Total Value Locked.
CRV has been trading in the Ascending Triangle since Feb 23.
Key levels to watch out:-

It is now standing on the verge of Breakout. If Curve is able to give a decisive breakout above $2.6, it can trigger the rally to the levels of $3.15 followed by $3.5.
The supports to the lower side are present at $2.15 followed by $2.3 respectively.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.