CURVE DAO TOKEN - CRV/USD
CURVE DAO TOKEN - CRV/USD
- USD (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: CRVUSD
ISIN:

CURVE DAO TOKEN - CRV/USD - Daily - Technical analysis published on 12/13/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.713333 USD
My targets
0.580000 USD (-9.38%)
0.500000 USD (-21.88%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CURVE DAO TOKEN - CRV/USD as long as the price remains well below 0.713333 USD. The sellers' bearish objective is set at 0.580000 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.500000 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

CURVE DAO TOKEN - CRV/USD rating 0.640000 USD. The price registered an increase of +3.23% on the session and was traded between 0.600000 USD and 0.640000 USD over the period. The price is currently at +6.67% from its lowest and 0% from its highest.

0.600000
0.640000
0.640000

Here is a more detailed summary of the historical variations registered by CURVE DAO TOKEN - CRV/USD:

Technical


Technical analysis of this Daily chart of CURVE DAO TOKEN - CRV/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.500000 0.580000 0.640000 0.858750 1.020000 1.291000
Change (%) -21.88% -9.38% - +34.18% +59.38% +101.72%
Change -0.140000 -0.060000 - +0.218750 +0.380000 +0.651000
Level Minor Major - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.5566670.5733330.5966670.6133330.6366670.6533330.676667
Camarilla0.6090000.6126670.6163330.6200000.6236670.6273330.631000
Woodie0.5600000.5750000.6000000.6150000.6400000.6550000.680000
Fibonacci0.5733330.5886130.5980530.6133330.6286130.6380530.653333


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.5433330.5866670.6133330.6566670.6833330.7266670.753333
Camarilla0.6207500.6271670.6335830.6400000.6464170.6528330.659250
Woodie0.5350000.5825000.6050000.6525000.6750000.7225000.745000
Fibonacci0.5866670.6134070.6299270.6566670.6834070.6999270.726667


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.3133330.0433330.3566670.7133331.0266671.3833331.696667
Camarilla0.4857500.5471670.6085830.6700000.7314170.7928330.854250
Woodie-0.3350000.0325000.3350000.7025001.0050001.3725001.675000
Fibonacci0.0433330.2992730.4573930.7133330.9692731.1273931.383333

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 41.69
MACD (12,26,9): -0.0177
Directional Movement: -8.231268
AROON (14): -50.000000
DEMA (21): 0.623431
Parabolic SAR (0,02-0,02-0,2): 0.504644
Elder Ray (13): -0.032252
Super Trend (3,10): 0.703522
Zig ZAG (10): 0.610000
VORTEX (21): 1.2222
Stochastique (14,3,5): 19.32
TEMA (21): 0.638904
Williams %R (14): -81.82
Chande Momentum Oscillator (20): -0.030000
Repulse (5,40,3): -1.9502
ROCnROLL: 2
TRIX (15,9): -0.3591
Courbe Coppock: 6.76
MA7: 0.638571
MA20: 0.657500
MA50: 0.717600
MA100: 0.832800
MAexp7: 0.633683
MAexp20: 0.649807
MAexp50: 0.709728
MAexp100: 0.831109
Price / MA7: +0.22%
Price / MA20: -2.66%
Price / MA50: -10.81%
Price / MA100: -23.15%
Price / MAexp7: +1.00%
Price / MAexp20: -1.51%
Price / MAexp50: -9.82%
Price / MAexp100: -22.99%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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