0%
Curve DAO Token Prints Double RSI Bullish Divergence
#Cryptocurrency#Technical analysis#support and resistance+2 更多标签

Curve DAO Token Prints Double RSI Bullish Divergence

Curve DAO Token (CRV) appears to form a double RSI bullish divergence on the daily chart. The bullish divergence is a sign that the bearish momentum is fading off, clearing the way for possible reversal.

RSI Bullish Divergence

CRV's daily Relative Strength Index (RSI) is showing a strong bullish divergence against the short-term price and the long-term price action.

In the short term, if we look at the technical picture, it's clear that while the price made lower lows, the RSI made a higher low which led to the formation of a bullish divergence.

The technical picture becomes more interesting if we compare the current swing low of $0.40 and the mid-June low with the equivalent lows in the RSI reading there is again a strong bullish divergence. CRV's price again made a lower low, but the RSI did not as it held above the mid-June RSI reading.

These two signals aligning together increase the probability of a reversal. The cryptocurrency may be in the process of putting a potential bottom in place or at least put a pause on the downtrend.

Looking forward: The first resistance level comes around the $0.85 level but only a daily break and close above the $1.00 significant psychological level can mark a more considerable shift in the market sentiment.

收件箱图片

通讯

获取每周电子邮件,其中包括独家加密货币分析和值得阅读的新闻。保持信息和娱乐,免费的。

自动化
您的
交易!

世界级的加密货币自动交易机器人

开始吧
实现交易自动化

相关文章

Bot Trading 101 | How To Apply a Scalping Strategy
#Automated trading strategy#Strategy designer#EMA+3 更多标签

Bot Trading 101 | How To Apply a Scalping Strategy

Cryptocurrencies | BTC vs. USDT As Quote Currency
#Bitcoin#crypto trading#crypto trading tips+2 更多标签

Cryptocurrencies | BTC vs. USDT As Quote Currency

Technical Analysis 101 | What Are the 4 Types of Trading Indicators?

Technical Analysis 101 | What Are the 4 Types of Trading Indicators?

Bot Trading 101 | The 9 Best Trading Bot Tips of 2023
#crypto trading#trading bot#crypto trading tips+2 更多标签

Bot Trading 101 | The 9 Best Trading Bot Tips of 2023

马上免费使用Cryptohopper进行交易!

免费使用——无需信用卡

开始吧
Cryptohopper appCryptohopper app

免责声明:Cryptohopper并非受监管机构。加密货币的机器人交易存在大量风险,过去的业绩表现并不能预示未来的结果。产品截图中展示的利润仅供参考,可能有所夸大。只有在您具备充足的知识或寻求了专业财务顾问的指导后,才应进行机器人交易。在任何情况下,Cryptohopper均不对任何人或实体因使用我们的软件进行交易而产生的全部或部分损失或损害,或任何直接、间接、特殊、后果性或附带的损害承担责任。请注意,Cryptohopper社交交易平台上的内容由Cryptohopper社区成员生成,并不代表Cryptohopper或其代表的建议或推荐。市场上展示的利润并不能预示未来的结果。使用Cryptohopper的服务即表示您承认并接受加密货币交易的固有风险,并同意免除Cryptohopper因您的任何责任或损失的责任。在使用我们的软件或进行任何交易活动之前,务必审阅并理解我们的服务条款和风险披露政策。请根据您的具体情况咨询法律和金融专业人士,获取个性化的建议。

©2017 - 2024 版权归属于Cryptohopper™ -版权所有。