okay firstly let me tell u s.th regarding the bearish waves based on my previous experience from 2017, it maybe the end of the bull run but for certain coins.
If u did some serious investigations on old alt in 2017 bull run u will realize that there was some coins which made its ATH after the btc and whole market corrected and when they said " BULL RUN ENDED FOR...
Hello! CRV (doesn't matter in USD or BTC) formed CUP & HANDLE pattern!
It is worth considering the following when detecting cup and handle patterns:
Length: Generally, cups with longer and more "U" shaped bottoms provide a stronger signal. Avoid cups with a sharp "V" bottoms.
Depth: Ideally, the cup should not be overly deep. Avoid handles that are overly...
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With DeFi largely underperforming its peers over the past few months, it comes as no surprise that we're starting to see bullish momentum rotate back into the space over the past few days. This is evident when looking at DeFi's total value locked ...
It's less than an hour for the daily candle to close and we can see that it has broken the Fibonacci resistance level 1, about $ 3.50.
If in this daily view the apparently bullish movement that we appreciate consolidates, we will consider the new resistance zone between $ 5 and $ 5.50 (mark 1.618 Fib), matching the previous highs back in September of last...
CRV truly has massive potential for growth. The section of the chart that I'm showing here is only a small portion of the last couple months. However, there is a MASSIVE cup and handle playing out as the big picture.
I could see a potential breakout happening in the next week or two here. A $5 target is not unreasonable once we've moved up.
It'll be interesting...
I think that we could retest the previous local top of around $3.65... if we can hold support in this zone and have a daily close above it, we will have a confirmed breakout and some blue skies ahead. If you haven’t entered, $3.65 seems like a good area to go long.
CRV just entered a very strong resistance area but the volume on the market shows that it might have a chance of touching higher targets.
In that case we can open long positions and wait for those 2 TP areas (as shown on chart).
Wait for the closure of a 4H candle above the resistance and then once its confirmed, open your positions.
Be careful about it tho, it's...
CRV looks to have broken out of the cup and handle pattern I mentioned a few days ago.
There still looks to be some resistance around 3.80 USD, but if that breaks, 4.40 USD looks to easily be within reach and beyond. There also looks to be no red flags indicating a fake out from MACD and RSI from what I can tell, so it looks like the largest risk I see is if BTC...
Curve DAO has officially broken the handle and retested a local high and passed it. Where we go now should be fun to watch. I would guess at least $5 on the short term.
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
The...
