Looks like it can go another 33%
CRV has triple bottomed and is in the process of forming a giant inverted head and shoulders, and has already formed 3 smaller sets of inverted head and shoulders within that pattern. Need to break above dashed yellow line (1) for confirmation, and break above the green box (2) to see a mega-move. As mentioned before, Curve Dao has also been hovering between...
details on the chart. This is just a possible senario. Lets see if its valid or not.
CRV/BTC -This coin is back at previous trading resistance -It is also testing the 50MA dynamic support area -Also, the Golden Fib is confluence on this region -Take note as well of the potential Right Shoulder Pattern -If this level will hold and if we see a bounce up reaction -The chances of an Inverse H&S pattern will start to develop -This is a high-risk...
It hasn't reached the same peaks and valleys drawn, but it's still following the pattern drawn at this point. May drop down to bottom of right shoulder before heading up. Breaking below that invalidates the setup. If we form the right shoulder, we may re-test recent highs. If that occurs, a break above recent highs sets this up for a significant move. CRV...
CRV / BTC - CurveDAO has formed a bull flag after reaching a bottom. Also, a while back I posted an idea that we might form an inverted head and shoulders before making a stronger move. Let's see if they play out. Be wary as this is a new token with not much history and anything is possible, also beware BTC as always :)
do your due diligence, undervalued ,3rd in defi space. Don't fomo yourself but one of the best hidden gems to grab on until January 2021. 2% daily lock up increase will overcome Maker in no time and take it's spot.
CRV double-bottomed with a slightly lower bottom, and then broke out of it's long-term downtrend and gave us another >30% move. It has now made multiple attempts to break through resistance here (red box), and we've printed an inverse head and shoulders below the resistance. These don't always play out, so trade carefully. 30+ % is a wonderful place to take...
Bottomed once with inverted HS, may bottom again here slightly lower (double bottom). Close below green line at bottom invalidates setup. ***!!!Also, be wary of BTC and BTC dominance - can invalidate any altcoin chart!!!***
Curve is one of the good projects, that didn't pump yet. 1H hollow candlesticks. Once price breaks that downtrend yellow line (in 4h timeline is more clear), we might see some gains. Forecast prediction: 32.66% in 1d 14h 86.41% in 2d 11h MACD is flat. volume rising. Support and Resistance levels shown as horizontal lines. Either way price is gonna pump any time...
We just broke out of the longer term downtrend (purple triangle) and the short term downtrend (red channel), if this holds we could have a nice move up. Targets - 3500-3600 sats, 4100 sats, 5500-5900 sats (stretch goal) - need to cleanly get passed 2600s (purple channel) area to move up. Potential for much higher move if we break all three. ** Note - this is...
This may turn out to be an inverted Head and Shoulders Pattern instead of a Double Bottom. Difficult to say with a brand new asset and very little history, this is just an idea, let's see if it plays out.
Let's see if we do this (see link below) again on the higher timeframe. Long from 2700 area. If we break 4100, we may go up to the .786 fib or just below (if not higher). Link -
CRV is forming a new pennant triangle after yesterday's pump. 30 mins chart. We can expect these two TP zones to be reached soon. RSI still under 50, wait for consolidation and more buys. Monitor MACD cross too :) Trade at your own risks. Good luck!
We found a bottom and printed an inverted head and shoulders two days ago, now it looks like we may be forming a larger inverted head and shoulders around it.