CURVE DAO TOKEN - CRV/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	CRVUSDT
ISIN:

CURVE DAO TOKEN - CRV/USDT - Weekly - Technical analysis published on 01/24/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 0.505552 USDT

My targets

0.381384 USDT (-14.51%)

My analysis

The bearish basic trend is very strong on CURVE DAO TOKEN - CRV/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.505552 USDT. Crossing the first support at 0.381384 USDT would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 0.505552 USDT would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

6.3

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

The CURVE DAO TOKEN - CRV/USDT price is 0.446102 USDT. The price is lower by -12.58% over the 5 days and has been traded over the last 5 days between 0.435251 USDT and 0.542911 USDT. This implies that the 5 day price is +2.49% from its lowest point and -17.83% from its highest point.

0.435251

0.542911

0.446102

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

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on CURVE DAO TOKEN - CRV/USDT were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Weekly chart of CURVE DAO TOKEN - CRV/USDT indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Weekly

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.446102	0.505552	1.271667	3.671000
Change (%)	-	+13.33%	+185.06%	+722.91%
Change	-	+0.059450	+0.825565	+3.224898
Level	-	Major	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.397496	0.427847	0.448503	0.478854	0.499510	0.529861	0.550517
Camarilla	0.455132	0.459808	0.464483	0.469159	0.473835	0.478510	0.483186
Woodie	0.392649	0.425423	0.443656	0.476430	0.494663	0.527437	0.545670
Fibonacci	0.427847	0.447332	0.459369	0.478854	0.498339	0.510376	0.529861

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.429939	0.462323	0.495029	0.527413	0.560119	0.592503	0.625209
Camarilla	0.509835	0.515802	0.521768	0.527735	0.533702	0.539668	0.545635
Woodie	0.430100	0.462404	0.495190	0.527494	0.560280	0.592584	0.625370
Fibonacci	0.462323	0.487187	0.502549	0.527413	0.552277	0.567639	0.592503

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.381384	0.473345	0.539333	0.631294	0.697282	0.789243	0.855231
Camarilla	0.561886	0.576365	0.590843	0.605322	0.619801	0.634279	0.648758
Woodie	0.368399	0.466852	0.526348	0.624801	0.684297	0.782750	0.842246
Fibonacci	0.473345	0.533681	0.570957	0.631294	0.691630	0.728906	0.789243

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):	38.85
MACD (12,26,9):	-0.0355
Directional Movement:	-4.730563
AROON (14):	50.000000
DEMA (21):	0.516020
Parabolic SAR (0,02-0,02-0,2):	0.713928
Elder Ray (13):	-0.063666
Super Trend (3,10):	0.360824
Zig ZAG (10):	0.444904
VORTEX (21):	1.0032
Stochastique (14,3,5):	26.70
TEMA (21):	0.544133
Williams %R (14):	-96.39
Chande Momentum Oscillator (20):	-0.119662
Repulse (5,40,3):	-34.9414
ROCnROLL:	2
TRIX (15,9):	-0.8038
Courbe Coppock:	28.65

MA7:	0.502682
MA20:	0.532574
MA50:	0.593157
MA100:	0.566509
MAexp7:	0.534280
MAexp20:	0.568302
MAexp50:	0.706700
MAexp100:	1.022453
Price / MA7:	-11.26%
Price / MA20:	-16.24%
Price / MA50:	-24.79%
Price / MA100:	-21.25%
Price / MAexp7:	-16.50%
Price / MAexp20:	-21.50%
Price / MAexp50:	-36.88%
Price / MAexp100:	-56.37%

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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