WHATS UP GUYS ?!
In the past analysis that I posted for CURVE , It failed to rise as much as I expected ,Although it it reached to first Resistance zone that I figured before but it declined and it wasn't able to rise for touching higher targets
so now!
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๐Technical
As you can see on weekly timeframe for CRV/USDT ,since oct 2020 ,It was advancing in a ascending channel
and fluctuating between higher bound and midline of channel for long time . recently it went down below pivot zone level and now I think if doesn't succeed to return back above this zone and midline of channel it will fall more even to volume gap as its next support or on the lower bound of channel. so this weekly candle or the next one can determine the possible trend of crv in the mid-term , but in the long term in order to reach and touch the supposed targets and tp ,it probably should be accompanied with the growth of defi projects and btc at the same time
๐resistance level: $2.873 -$3.14/// $3.59- $3.9///$2-$2.34/// ascending trendline of channel
๐pivot zone: $2.15-$2.5
โ๏ธsupport levels: $1.02-$1.24 ///$0.56-$0.79///ascending trendline of channel
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me and give a big thumbs ๐ OR drop comment ๐ฏ๐ญ
In the past analysis that I posted for CURVE , It failed to rise as much as I expected ,Although it it reached to first Resistance zone that I figured before but it declined and it wasn't able to rise for touching higher targets
so now!
-------------------------------------------------------------------------------------------------------------------
๐Technical
As you can see on weekly timeframe for CRV/USDT ,since oct 2020 ,It was advancing in a ascending channel
and fluctuating between higher bound and midline of channel for long time . recently it went down below pivot zone level and now I think if doesn't succeed to return back above this zone and midline of channel it will fall more even to volume gap as its next support or on the lower bound of channel. so this weekly candle or the next one can determine the possible trend of crv in the mid-term , but in the long term in order to reach and touch the supposed targets and tp ,it probably should be accompanied with the growth of defi projects and btc at the same time
๐resistance level: $2.873 -$3.14/// $3.59- $3.9///$2-$2.34/// ascending trendline of channel
๐pivot zone: $2.15-$2.5
โ๏ธsupport levels: $1.02-$1.24 ///$0.56-$0.79///ascending trendline of channel
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me and give a big thumbs ๐ OR drop comment ๐ฏ๐ญ
