ok guys the plan is simple buy CRV and stake via convex for that sweet sweet 20% apy. that ways while waiting for the trade to play out ur staking and increasing ur gains while mitigating ur losses (apy gives u crv and convex tokens). any ways heres some pattern analysis.
as most channels go you have a top res and a bottom support. Trading channels are quite useful in graphically depicting support and resistance levels. Most traders often rely on them in identifying optimal levels to buy or sell a specified security. Technical analysts can also follow any of a number of patterns that may occur within a channel to discern short term directional changes in market prices. Trading channels, however, provide one of the most important overlays that a technical analyst will use for long-term analysis and trading decisions. pretty simple stuff.
so using the long term out look to give a bit of time for that sweet sweet apy to cook we should at minimum make a 25% gain or at best case scenario a staggering 800% gain. gl bois.
as most channels go you have a top res and a bottom support. Trading channels are quite useful in graphically depicting support and resistance levels. Most traders often rely on them in identifying optimal levels to buy or sell a specified security. Technical analysts can also follow any of a number of patterns that may occur within a channel to discern short term directional changes in market prices. Trading channels, however, provide one of the most important overlays that a technical analyst will use for long-term analysis and trading decisions. pretty simple stuff.
so using the long term out look to give a bit of time for that sweet sweet apy to cook we should at minimum make a 25% gain or at best case scenario a staggering 800% gain. gl bois.
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ooof. stop loss at 40cents guys guess i didnt move the red enough...
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everything is looking tight here guys. trades still very much active.
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ok guys, oddly enough there is a huge price gap between crv and cvcrv so i would recomend scooping up cvcrv and then staking for max yield. if u have crv swap for cvcrv or swap eth for cvcrv. u get so much mor CRV this way gl...
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typo...cvxCRV not cxCRV lol
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please note the eth/crv falling wedge...feedback welcom
please note the eth/crv falling wedge...feedback welcom
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getting close to stop @ 0.40$.... deciding to take on more risk in exchange for more yield and will be increasing position here and taking stop loss down to 0.30$....i do feel the yield will make up for if i did stop out at 0.40 anyways and i do still feel bullish atm.
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as you guys know ive been accumating more cvxcrv to stake and farm yield while dcaing the original trade. this is aready extremely profitable as anyone could also abuse the margins on the cvx/crv ratio. sometimes for up to 30%!. i already have an idea showing where i did this previously
anyways quick update thing going well nlah blah blah.
updated look at chart as well.
anyways quick update thing going well nlah blah blah.
updated look at chart as well.
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just a quick uodate. stacking more to stake..yeild still pretty atractive rn..