CURVE DAO TOKEN - CRV/USDT
CURVE DAO TOKEN - CRV/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
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Type: Cryptocurrencies
Ticker: CRVUSDT
ISIN:

CURVE DAO TOKEN - CRV/USDT - Daily - Technical analysis published on 04/17/2024 (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
17%
56%
28%
My opinion
Bearish under 0.554764 USDT
My targets
0.415548 USDT (-3.32%)
0.253554 USDT (-41.01%)
My analysis
The bearish trend is currently very strong for CURVE DAO TOKEN - CRV/USDT. As long as the price remains below the resistance at 0.554764 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.415548 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.253554 USDT as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.6

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 mh572. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

CURVE DAO TOKEN - CRV/USDT rating 0.429811 USDT. The price is lower by -0.50% since the last closing and was traded between 0.424828 USDT and 0.435896 USDT over the period. The price is currently at +1.17% from its lowest and -1.40% from its highest.

0.424828
0.435896
0.429811

A study of price movements over other periods shows the following variations:
Abnormal volumes on CURVE DAO TOKEN - CRV/USDT were detected by the Central Volumes scanner:

Central Volumes

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. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 10 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.422693 0.429811 0.602324 0.719734 0.863108
Change (%) -1.66% - +40.14% +67.45% +100.81%
Change -0.007118 - +0.172513 +0.289923 +0.433297
Level Major - Major Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3873850.3991550.4155670.4273370.4437490.4555190.471931
Camarilla0.4242280.4268110.4293950.4319780.4345610.4371450.439728
Woodie0.3897050.4003160.4178870.4284980.4460690.4566800.474251
Fibonacci0.3991550.4099210.4165720.4273370.4381030.4447540.455519


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0027260.1815700.3020870.4809310.6014480.7802920.900809
Camarilla0.3402800.3677210.3951630.4226040.4500450.4774870.504928
Woodie-0.0264380.1669880.2729240.4663490.5722850.7657100.871646
Fibonacci0.1815700.2959260.3665750.4809310.5952870.6659360.780292


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2535540.4155480.5547640.7167580.8559741.0179681.157184
Camarilla0.6111480.6387590.6663700.6939810.7215920.7492030.776814
Woodie0.2421660.4098540.5433760.7110640.8445861.0122741.145796
Fibonacci0.4155480.5306100.6016950.7167580.8318200.9029051.017968

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): 28.40
MACD (12,26,9): -0.0645
Directional Movement: -27.100796
AROON (14): -35.714285
DEMA (21): 0.479080
Parabolic SAR (0,02-0,02-0,2): 0.579752
Elder Ray (13): -0.086290
Super Trend (3,10): 0.583498
Zig ZAG (10): 0.430251
VORTEX (21): 0.7409
Stochastique (14,3,5): 23.25
TEMA (21): 0.427528
Williams %R (14): -76.68
Chande Momentum Oscillator (20): -0.185121
Repulse (5,40,3): -4.3329
ROCnROLL: 2
TRIX (15,9): -0.9806
Courbe Coppock: 54.75
MA7: 0.464276
MA20: 0.579733
MA50: 0.663524
MA100: 0.590478
MAexp7: 0.469386
MAexp20: 0.553653
MAexp50: 0.605913
MAexp100: 0.603584
Price / MA7: -7.42%
Price / MA20: -25.86%
Price / MA50: -35.22%
Price / MA100: -27.21%
Price / MAexp7: -8.43%
Price / MAexp20: -22.37%
Price / MAexp50: -29.06%
Price / MAexp100: -28.79%

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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