As observed on the chart, the price has entered its bullish gap and is also on its 0.382 Fib level. The price is expected to bounce back up from here and therefore has given us a "LONG" entry.
In relation to yesterday's analysis, CRVUSDT has reached its first target and has delivered a profit 7% (SPOT). From this point on, if you're keeping your position open, please make sure to place your SL on your entry price in order to make this trade risk-free.
BYBIT:CRVUSDT 4 Hours trend chart - CRV cannot be supported from the uptrend anymore, also forms a small double top here. We can plan a strategy to short at the broken candle, which closed point is 0.992, and set target/stop as below. - Targets: 1) $0.962~$0.953 2) $0.932 3) $0.9 Stop: 1) $1.034
Reasons to take short: ⭐️ BTC bearish ⭐️ Trendline is 8 days old ⭐️ Trendline is clean ⭐️ Price is squeezing to the trendline ⭐️ Had false breakout ⭐️ 7th touch ⭐️ Under VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss...
Hello my dear friends I hope we have a profitable day today In my opinion, if the downward trend line is broken and the movement trend is below $0.832, the possibility of a price decrease according to the scenario is very high!!! It should not be forgotten that Ichi Moku has issued a signal to change the trend Please share your opinion with us
- SELL lvl 0,97 Target 1 - 0,72 Target 2 - 0,637 Target 3 - 0,541
Reasons to take short if BTC allows: ⭐️ Trendline is 7 days long ⭐️ Trendline is clean ⭐️ Price is squeezing to the Trendline ⭐️ Volume appeared at top ⭐️ 6th touch ⭐️ 40 ATR ⭐️ Under VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing...
Hidden bearish divergence in the 1D TF chart. I'd say, another 70 percent drop wouldn't be out of the question.
Hello 🐋 Based on the chart after a long time, correction to the downside these days we have appropriate amount of volume, or we can say new volume for the price and the price is close to the major support and shape the double bottom pattern ✔️ if the price breaks the major resistance or better to say the round number$1 to the upside and stays above this level, we...
we have only one resistant lift to confirm a huge momentum and breakout above the 1$, and going towards to test the strong resistant for this month 1.88$.
$CRV is breaking through the resistance level. Bullish movement to resistance at 1.14$ is likely to happen.
CRV 1H support is at ~$0.8 Enter 50% at the current price and try to set some buy orders near the support zone If CRV holds above the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry Cheers
BYBIT:CRVUSDT 4 Hours chart - CRV is approaching the neckline of the potential double bottom. We can gain a good risk to reward ratio(2.04) if long it here, targets and stop level as below. - Targets: 1) 0.963~1.0 2) 1.080 3) 1.209 Stop loss: 1) 0.809-----red horizontal ray
Considering that the price is close to the resistance zone in the daily time frame and observing the weakness in the upward trend, we can expect the price to be rejected from the 0.86 area and corrected to around 0.7.
The CRV projection shows bottoms likely in and we have been buying down for a very nice avg entry. Mine is somewhere around $1.30 if I am to remove all the free coins I've made trading CRV during the2021 bull market. This is a boring chart showing that we land somewhere around $6 EOY -Jan 2023 but we should expect a slow recovery here becuase USA Markets are a...
BINANCE:CRVUSDT price has been falling since the begging of 2022. It dropped by around 90% from its top of $6.9. The price is still under 21 and 30 day EMAs. So, there is no need to change the strategy. It is still a bear trend. I expect the price will test November-December 2021 lows, and even lower in the next term. After this sell-off, there will eventually...
Looks nice. Broke out of trend after 2 earlier tries. Retest of line, wider stop so dca with 2 or 3 entries.
#CRVUSDT if breaks the support here ready to short. Ascending support trendline below losing it will be be bearish.