Hello Traders and Investors,
I'd like to share my view on CRV/USDT, on the run from 20th to 29 July, with continuous 3 weekly volume candles, Trading in this uptrending channel, we see a whooping 180% Run in 40 days, has the Bulls run begun for CURVE ?
possible scenario is charted, Daily resistance around 1.915
At the time of publishing, i noticed a bullish⚠️flip...
BINANCE:CRVUSDTPERP
Hello guys these are some of the trading terms/concepts I apply when trading;
1. BOS : Break of Structure - when price continues to break previous structure and at the same time continues the current trend. A line drawn from recent structure to the current breakout denotes the BOS.
2. CHoCH : Change of Character - when price changes its...
Due to the breaking of the daily trend line and pullback to the broken area and the confirmation candle that can be seen in this time frame, we can expect to move up to the previous ceiling or higher again.
Hello my dear friends
In the lower time frames, we do not have a signal to continue the upward trend, on the other hand, we have the negative divergence of the RSI.
We have reached an important range, there is even a possibility of consuming all the orders in this range. But the probability of entering the $1.62 zone!?!?! I do not think ....
If the current trend...
A cross confirmation with BTC shows that BTC is up against a fib level and price should reverse to 20245.6. If that happens, CRV should reverse to 1.035 for a LONG bias.
Disclaimer!!!
#NFA
#DYOR/DYOA
As CRv(Curve) is founded in 1997, it has ranked first among DEX in terms of trading volume, and has offered traders widespread liquidity with reduced commissions and slippages. It just broke resistance at 1.075 and going to be on track to 1.5 soon following BTC chart with his new highs.
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.
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.
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.
CRVUSDT has finally managed to break the trendline. Targets for the upside are open if the markets sentiments remain positive.
Keep protection for the downside intact.
SIGNAL: Blue * N
Risk Reward: 3.15
CRV, CRVUSD, CRVUSDT, CRVUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
BINANCE
