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 01/24/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

83%

My opinion

Bearish under 0.505552 USDT

My targets

0.414207 USDT (-7.32%)

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 0.505552 USDT. The sellers' bearish objective is set at 0.414207 USDT. A bearish break of this support would revive the bearish momentum. 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, 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

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 rating is 0.446941 USDT. The price is lower by -4.74% since the last closing and was traded between 0.435251 USDT and 0.471560 USDT over the period. The price is currently at +2.69% from its lowest and -5.22% from its highest.

0.435251

0.471560

0.446941

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this CURVE DAO TOKEN - CRV/USDT chart shows a sharp bearish trend. 89.29% 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 scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
But beware of excesses. The Central Indicators scanner currently detects this:

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 these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.414207	0.446941	0.450208	0.505552	0.582621
Change (%)	-7.32%	-	+0.73%	+13.11%	+30.36%
Change	-0.032734	-	+0.003267	+0.058611	+0.135680
Level	Intermediate	-	Minor	Major	Intermediate

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

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	32.32
MACD (12,26,9):	-0.0300
Directional Movement:	-23.168220
AROON (14):	-85.714286
DEMA (21):	0.495609
Parabolic SAR (0,02-0,02-0,2):	0.537583
Elder Ray (13):	-0.062392
Super Trend (3,10):	0.568293
Zig ZAG (10):	0.445251
VORTEX (21):	0.9014
Stochastique (14,3,5):	7.05
TEMA (21):	0.477717
Williams %R (14):	-94.66
Chande Momentum Oscillator (20):	-0.106949
Repulse (5,40,3):	-15.5244
ROCnROLL:	2
TRIX (15,9):	-0.5914
Courbe Coppock:	18.83

MA7:	0.502682
MA20:	0.532574
MA50:	0.593157
MA100:	0.566509
MAexp7:	0.495198
MAexp20:	0.532415
MAexp50:	0.562696
MAexp100:	0.568304
Price / MA7:	-11.09%
Price / MA20:	-16.08%
Price / MA50:	-24.65%
Price / MA100:	-21.11%
Price / MAexp7:	-9.74%
Price / MAexp20:	-16.05%
Price / MAexp50:	-20.57%
Price / MAexp100:	-21.36%

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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