CRVUSDT.P trade ideas
CRVUSDT # 002 ( Good opportunity to get 230% and 460% profits ) Hello dear traders.
Good day .
On Monday 23-Oct-2023 Weekly Gann Square will end and new route will start .
As for long time in colored triangle spring collected for jump we expected to rise the CRVUSDT price to about 230% and 460 % up to end of 2024 .
The route is plotted with help of Gann Square and Gann Box .
Good luck and safe trades .
Thanks for your support and comments.
CRV Will Take Off Like a Rocket for Sign of Strength SoonHi Everyone! Let's not forget CRV. It has not completed it's Sign of Strength event yet like ADA and ALGO. CRVUSDT is still in Phase C and has yet to transition into Phase D with a Sign of Strength.
I anticipate the Sign of Strength to reach its peak somewhere between $1.8144 and $1.8645. I know this sounds crazy but this is what we see presently.
It's very important to also be an INVESTOR instead of just a day trader. Meaning, one should consider "buying outright" this CRV token and put those tokens into cold storage off exchange. A good time to accumulate is likely between $0.60 and $0.55 cents and hold it for the long term.
Happy Trading and Stay Awesome!
David
CRV$ target for 2024 #crvusdt#CRVUSDT
CRV$ Maintain the new lows created after the downtrend breakout and reach my 2024 target of $3.42 cents.The invalidation is a body close below $0.4011 cents.
📊#CRV bullish structure intact, still worth looking forward to🧠The overall long-term structure is still running healthily. According to wave theory, we are completing wave 4. If we can break through the previous high, then there will be no resistance above to prevent us from continuing higher, so the target above is worth looking forward to.🙏🎯✔️
Let’s see 👀
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CRVUSDTAccording to the chart of this token, we notice higher ceilings and floors, but in the last ceiling, the price of a higher ceiling was recorded. In the floors, according to the white area in the image, we can see that the distance between the two floors is less than before, which indicates This is the price before moving up in a compression that we can enter the purchase transaction at the specified steps.
CRV: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$0.60) and exit near Channel resistance trendline (~$0.75). Stop Loss (SL) at $0.50. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Curve (CRV) is a well-established DEX used primarily for swapping of stablecoins.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.55 (previous resistance), then $0.40. The nearest Resistance Zone is $0.75, then $0.90.
CRV Breakout - Potential LongCRV's current price is 0.685. We have broken through the order block (shown in red below) on the one hour time frame. An indication of bullish movement would be a valid retest of this order block. As price makes its way down with the rest of the market, we can anticipate a retest. Note the fair value gap at $0.671, just inside of our OB. This could be a potential zone for a retest and upward movement. If confirmation is given I will enter via limit order with a stop loss placed below the entirety of the order block.
Tentative positioning
Entry: 0.671
TP: 0.859
SL: 0.643
Will update if/when order is executed.
CRVUSDT (Daily) - Bullish breakoutHi Traders
CRVUSDT (Daily Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 0.7238 resistance level. Only the downward break of 0.5642 would cancel the bullish scenario.
Trade details
Entry: 0.7238
Stop loss: 0.5642
Take profit 1: 0.8224
Take profit 2: 0.9820
Score: 7
Strategy: Bullish breakout
CRVUSDT 🟢🚀 Premium Crypto Signal Alert! 📈
🔔 Signal: BUY
Asset: CRVUSDT
Technical Analysis:
Moving Average Signal: The CRVUSDT pair has generated a strong buy signal as it closed above the 200-day moving average, indicating a robust bullish trend.
Support Level: The price has demonstrated remarkable strength by consistently staying above 0.60 for an extended period, establishing a solid support point.
📊 Trade Details:
Entry Point: Current market level
Target 1: 0.85
Target 2: 1.10
Target 3: 1.25
📈 Trade Analysis:
The 200-day moving average crossover signals a potential upward momentum.
Sustained trading above 0.60 showcases a substantial support level, enhancing the overall bullish outlook.
Targets of 0.85, 1.10, 1.25 present lucrative profit potential.
💡 Risk Management:
- Only use 10% of your capital for this trade to mitigate risks.
- Do not invest your full capital; it's important to diversify and manage risk exposure.
- Consider setting a stop-loss at an appropriate level to protect your investment.
- Regularly monitor the trade and adjust stop-loss levels as needed.
🔄 Additional Buy Zone:
- Be prepared to identify and utilize another buy zone if market conditions require it. Flexibility is key in adapting to changing trends.
📢 Spot Trading vs. Futures:
- Spot trading is a safer and more controlled approach, allowing for better risk management compared to the higher volatility and speculative nature of futures trading.
- Exercise caution and consider the potential risks associated with leveraged instruments.
🚨 Disclaimer:
Trading involves risks, and past performance does not guarantee future results. Exercise caution and conduct your research before making any financial decisions.
CrvusdtBreak that resistance and 100% incoming for 2024
That'll be the start of the move..
Much higher eventually :)
CRV/USDT Accumulation PhaseBelow is the description of the accumulation phase potential development of the CRV/USDT cryptocurrency pair.
After reaching a local minimum in November 2022, when CRV was trading around $0.3982, there was a convincing upward movement that led to a significant increase to $1.29. During this period, the asset demonstrated a growth of more than 225%. Subsequently, the asset gradually declined, reaching a new local minimum at $0.3882.
During the price decrease, a descending trading channel was formed. At the moment, the asset is testing the upper boundary of this channel, which is occurring at the level of $0.6382.
Considering the current trends, we can assume that the asset is preparing to overcome the upper boundary of the trading channel. This could happen after a small corrective pullback to the average price within the descending channel.
Following a successful breakout above the upper boundary of the channel and a subsequent retest with a possible bounce from it, a positive signal for further growth of the asset can be expected. This scenario could indicate movement towards a price maximum at the level of $1.29.
CRVUSDT SHORT CRVUSDT SHORT
Entry : 0.6645 / 0.6569
Leverage : Cross X20
Capital invested : 2%
Targets : 0.650331 0.6437620000000001
CRV: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$0.60) and exit near Channel resistance trendline (~$0.75). Stop Loss (SL) at $0.50. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Curve (CRV) is a well-established DEX used primarily for swapping of stablecoins.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.55 (previous resistance), then $0.40. The nearest Resistance Zone is $0.75, then $0.90.
CRV - Still Perfect
Above is my last post on CRV. Recently we saw price fall to our trendline to test it as new support. It held perfectly and has been rapidly increasing in price. We could still see a big move ahead for CRV.
CRVUSDT - BULLISH OUTLOOKBreak to the upside on the trendline, bull scenario looks promising here.
Targeting the highs
CRV/USDT Buy Opportunity!!BINANCE:CRVUSDT.P The chart indicates a distinct try breakthrough of resistance for CRV. This presents an opportune moment to initiate a LONG trade.
#CRV/USDT LONG
Entries: $0.637
Take profit 1: $0.648
Take profit 2: $0.676
Take profit 3: $0.718
Stop Loss: $0.575
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced.
CRV: Answered Question Regarding Current Price ActionHi Everyone! A follower asked a question, "Hi David, are wwe in danger to see a third leg down here?" Their question was regarding CRV 6-hour time frame. They showed a descending channel in a 6h chart that looked something like the chart I'm showing below.
I went on to explain my reasoning behind this current move down being used by the Composite Groups for several purposes.
1 - Taking profit on longs opened between $0.40 cents and $0.50 cents. When taking profits on those longs, they also opened shorts because they knew they were going to sell quite a bit of their longs; causing the market to fall; hence the reason for opening a short.
2 - They also have "new" long position limit orders at a price range lower in which they will have completed taking profits on their $0.40 cent to $0.50 cent long orders and begin closing their shorts to take profits on those shorts within the range their new long position limit orders are in place. This could actually be seen as "wash trading." But I digress.
Anyway, I hope this video publication was helpful.
Happy Trading and Stay Awesome!
David
✴️ Curve 333% | Update On Final Target (Important All Altcoins) A quick update to all my dear readers, supporters and followers; This is related to the Altcoins in general.
We are using the March/April 2022 price level as the top for this current bullish wave, while this can be truth in some cases, this projection is already being broken. Many pairs, way too many, are moving past this resistance zone.
So please update your planning and allow for anything to happen.
Too many pairs will be going ultra-bullish now and we don't want to repeat the same mistake as in years past of being too conservative with the final target.
➖ As for Curve (CRVUSDT), we have a downtrend ending in a double bottom pattern.
➖ We have a classic reversal signal: High bear volume in August yet volume is lower in September when the lower low is hit.
This sequence led to a rising channel.
This channel can be broken to the upside; This means that the upper boundary of the channel is very likely to break (strong rise).
👉 The targets can be seen on the chart, up to 190%.
👉 Another major resistance point can be found at $2.77 (333%).
Thank you for reading.
Namaste.
