Hello everyone, this is a CRV trade that I am considering.
Technical point of view
Nice consolidation in symmetrical triangle, after reclaiming an important support.
BTC will probably break out of its upward consolidation as well and help us push the resistances on CRV .
Confirmation of the trade once we break the main resistance area.
First stops on weak resistance (white lines) to take profits, and/or reopen lower.
Fundamental point of view
CRV is a high potential token that allows via veCRV to get yield in DEFI (up to 30% APY using boosters like stake DAO).
Excellent token to accumulate in bear market on these extremely attractive levels in daily. CRV is the token of the biggest DEFI platform, curve finance.
Technical point of view
Nice consolidation in symmetrical triangle, after reclaiming an important support.
BTC will probably break out of its upward consolidation as well and help us push the resistances on CRV .
Confirmation of the trade once we break the main resistance area.
First stops on weak resistance (white lines) to take profits, and/or reopen lower.
Fundamental point of view
CRV is a high potential token that allows via veCRV to get yield in DEFI (up to 30% APY using boosters like stake DAO).
Excellent token to accumulate in bear market on these extremely attractive levels in daily. CRV is the token of the biggest DEFI platform, curve finance.