The question always is, "Will the altcoins grow this time around when Bitcoin drops?"
Curve (CRVBTC) provides the answer.
Today Bitcoin becomes shaky and look at the CRVBTC chart... We have a very strong and decisive bullish breakout with prices moving above EMA50 today.
We also have really high volume and very strong RSI...
Many, many more of the Altcoins vs...
Curve (CRVBTC) is now showing what we call "strong/bullish consolidation"... We get consecutive green candles as prices move up.
We have really strong indicators with increasing volume.
This is all signaling what we are seeing from other altcoins and trading pairs.
CRVBTC is ready to jump... Additional details on the chart.
Keeping a close eye on CRV after finally bucking the trend and holding new support.
It's only early days but could be flipping bullish (finally)
Next 24 hrs will prove crucial in determining whether we see a surge or further rejection.
A push through indicated levels will see us targeting approx 38% with this position.
Caution advised as BTC continues to...
I'm horrible at technical analysis but the fundamentals of bitcoin are something I'm very familiar with.
Like rats on a Caribbean Island Bitcoin will experience a hyperbolic s-curve that levels off once it:
1 reaches global forex market saturation (1-10%)
2 approaches 21M limit
Along the way global economic events will create massive bubbles as collapsing...
With growth and inflation rising, leading to a steeper yield curve, financials should continue to perform. One name that sold off meaningfully last week was ECPG. The debt collector should continue to do well in the immediate term given the macro tailwinds to the sector. I'd be a small buyer here, playing for a return to the recent range.
By looking at the daily chart, I came up with two possible long setups with the first one very close to the current price.
First entry zone
A bit aggressive. I will pay close attention to it.
Second entry zone
This one is more comfortable from my side.
CAD is a commodity currency which correlates with crude oil. JPY is a safe-haven asset. Normally...
CURVE CRVUSDT TA CUP AND HANDLE FORMATION! BULLISH!
Cup and Handle forming!
Feel free to like and follow if you like my TA!
For those asking what indicator is the bottom, it is MC.
Here is the link to purchase: marketciphertrading.com
Ref code: cryptoyew749
My most conservative logarithmic regression, representing the logarithmic "support" of BTC price, based on the Swiss Rex Model (twitter, @SwissRexAG). Still a better long-term investment than stonks and bonds!
Launched in Jan 2020, Curve is a blockchain-based platform for exchanging Ether-based stablecoins safely and securely. Michael Egorov, the founder of the protocol, recently told DeFi Prime that Curve is “an exchange expressly designed for stablecoins and Bitcoin tokens on Ethereum.” - medium.com
Curve is one of the most interesting DeFi products to enter...