CURVE DAO TOKEN - CRV/USDT
CURVE DAO TOKEN - CRV/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: CRVUSDT
ISIN:

CURVE DAO TOKEN - CRV/USDT - Daily - Technical analysis published on 01/23/2022 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 3.32 USDT
My targets
2.46 USDT (-19.87%)
2.03 USDT (-33.78%)
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/USDT as long as the price remains well below 3.32 USDT. The sellers' bearish objective is set at 2.46 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.03 USDT. In case of crossing, the next objective would be the support located at 1.28 USDT.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
4.6

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 finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The CURVE DAO TOKEN - CRV/USDT rating is 3.07 USDT. The price registered an increase of +6.60% on the session with the lowest point at 2.85 USDT and the highest point at 3.15 USDT. The deviation from the price is +7.72% for the low point and -2.54% for the high point.

2.85
3.15
3.07

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this CURVE DAO TOKEN - CRV/USDT chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Daily


Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : Daily



The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 1.28 2.46 3.07 3.32 4.79 5.34
Change (%) -58.31% -19.87% - +8.14% +56.03% +73.94%
Change -1.79 -0.61 - +0.25 +1.72 +2.27
Level Minor Minor - Major Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.622.102.492.973.363.844.23
Camarilla2.642.722.802.882.963.043.12
Woodie1.582.082.452.953.323.824.19
Fibonacci2.102.432.642.973.303.513.84


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.940.821.853.614.646.407.43
Camarilla2.112.372.622.883.143.393.65
Woodie-1.310.641.493.434.286.227.07
Fibonacci0.821.892.543.614.685.336.40


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.862.033.684.856.507.679.32
Camarilla4.554.805.065.325.585.846.10
Woodie1.092.153.914.976.737.799.55
Fibonacci2.033.113.784.855.936.607.67

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): 32.23
MACD (12,26,9): -0.4100
Directional Movement: -25.26
AROON (14): -50.00
DEMA (21): 3.96
Parabolic SAR (0,02-0,02-0,2): 4.51
Elder Ray (13): -1.13
Super Trend (3,10): 4.68
Zig ZAG (10): 3.08
VORTEX (21): 0.7500
Stochastique (14,3,5): 10.94
TEMA (21): 3.49
Williams %R (14): -82.63
Chande Momentum Oscillator (20): -1.53
Repulse (5,40,3): -21.1700
ROCnROLL: 2
TRIX (15,9): -0.4400
Courbe Coppock: 49.62
MA7: 3.82
MA20: 4.62
MA50: 4.59
MA100: 4.40
MAexp7: 3.69
MAexp20: 4.38
MAexp50: 4.55
MAexp100: 4.25
Price / MA7: -19.63%
Price / MA20: -33.55%
Price / MA50: -33.12%
Price / MA100: -30.23%
Price / MAexp7: -16.80%
Price / MAexp20: -29.91%
Price / MAexp50: -32.53%
Price / MAexp100: -27.76%

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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