Simple weekly chart depicting buy zone around bottom of a parallel downtrend, contingent upon Bitcoin and its greater market holding up
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Another way to look at Curve:
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Reached very bottom of my buy zone, I'm in this trade now - higher risk, but returns could be quite high if it reverses here or even after moving a bit lower:
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Another daily close within the channel, 2 days left until weekly close.
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Falling wedge on linear 3 daily (or daily) chart targeting an area that would confirm the weekly channel breakout, if successful. Linear falling wedge target is around $1.56, log channel break TP 1 is around $1.90:
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Additionally, the 8 hour linear chart has yet another a falling wedge targeting an area near the top of the daily | 3 daily falling wedge (and the top of the weekly channel), if successful:
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Back at wedge bottom with the weekly / monthly close yesterday, possible we see a wick down to around 22 cents before a move up but believe this could reverse soon if Bitcoin holds above 56.5 and 60k:
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The linear chart falling wedge is also still in play:
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Weekly saw a channel breakdown that has since recovered and is now being tested again. Hold that and it'll strengthen the chance of a channel breakout:
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Curve has recovered the weekly channel after losing it briefly, and even with the strong dip, it held channel bottom and we're back at the bottom of the buy zone:
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CRV Broke out and made it nearly halfway to TP 1, after losing 1 dollar at the 0.5x measured move, it may re-test channel top near the red box:
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.