Curve DAO Token
Long
Aggiornato

Buy Zone for Curve

1161
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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Nota
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:

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