CURVE DAO TOKEN - CRV/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	CRVUSDT
ISIN:

CURVE DAO TOKEN - CRV/USDT - Daily - Technical analysis published on 03/30/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

89%

11%

My opinion

Bullish above 2.66 USDT

My targets

3.36 USDT (+19.04%)

4.10 USDT (+45.39%)

My analysis

The strong short-term increase in CURVE DAO TOKEN - CRV/USDT calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 2.66 USDT, you could consider taking advantage of the short-term movement. The first bullish objective is located at 3.36 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.10 USDT as an objective. Crossing it would then enable buyers to target 4.78 USDT. Caution, a return under 2.66 USDT could jeopardize the reversal.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

3.2

Comment on the analysis

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:

Additional analysis

Quotes

CURVE DAO TOKEN - CRV/USDT rating 2.82 USDT. The price has increased by +0.36% since the last closing and was traded between 2.68 USDT and 2.85 USDT over the period. The price is currently at +5.22% from its lowest and -1.05% from its highest.

2.68

2.85

2.82

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

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CURVE DAO TOKEN - CRV/USDT chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	1.94	2.66	2.82	4.10	4.78	6.51
Change (%)	-31.21%	-5.67%	-	+45.39%	+69.50%	+130.85%
Change	-0.88	-0.16	-	+1.28	+1.96	+3.69
Level	Intermediate	Minor	-	Minor	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.32	2.45	2.63	2.76	2.94	3.07	3.25
Camarilla	2.73	2.75	2.78	2.81	2.84	2.87	2.90
Woodie	2.35	2.46	2.66	2.77	2.97	3.08	3.28
Fibonacci	2.45	2.57	2.64	2.76	2.88	2.95	3.07

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.88	2.00	2.20	2.32	2.52	2.64	2.84
Camarilla	2.32	2.35	2.38	2.41	2.44	2.47	2.50
Woodie	1.93	2.02	2.25	2.34	2.57	2.66	2.89
Fibonacci	2.00	2.12	2.19	2.32	2.44	2.51	2.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.06	0.97	1.71	2.62	3.36	4.27	5.01
Camarilla	1.99	2.14	2.29	2.44	2.59	2.74	2.89
Woodie	-0.04	0.93	1.62	2.58	3.27	4.23	4.92
Fibonacci	0.97	1.60	1.99	2.62	3.25	3.64	4.27

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	66.08
MACD (12,26,9):	0.0800
Directional Movement:	14.80
AROON (14):	92.86
DEMA (21):	2.46
Parabolic SAR (0,02-0,02-0,2):	2.22
Elder Ray (13):	0.30
Super Trend (3,10):	2.23
Zig ZAG (10):	2.81
VORTEX (21):	1.2000
Stochastique (14,3,5):	88.75
TEMA (21):	2.68
Williams %R (14):	-8.73
Chande Momentum Oscillator (20):	0.57
Repulse (5,40,3):	10.5600
ROCnROLL:	1
TRIX (15,9):	-0.0600
Courbe Coppock:	51.20

MA7:	2.56
MA20:	2.27
MA50:	2.44
MA100:	3.41
MAexp7:	2.60
MAexp20:	2.41
MAexp50:	2.58
MAexp100:	2.96
Price / MA7:	+10.16%
Price / MA20:	+24.23%
Price / MA50:	+15.57%
Price / MA100:	-17.30%
Price / MAexp7:	+8.46%
Price / MAexp20:	+17.01%
Price / MAexp50:	+9.30%
Price / MAexp100:	-4.73%

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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