Curve After New All-Time Low (Easy 755% Bullish Wave Potential)

8월 20일

This is what I am talking about... Here we have CRVUSDT, notice all the signals we tend to look for:

1) Curve just hit a new All-Time Low (ATL) recently.
Once we hit bottom, the only place left to go is up.

2) A strong low is hit in June 2024, with the highest bearish volume ever. The ATL hits and produces less volume than the June low, and the session ends closing green. A lower low on lower volume indicates that a reversal is coming. If the lower low has higher volume, it might mean that lower prices is still possible (think Bitcoin).

3) The highest buy volume ever is happening after June 2024. High buying activity indicates whale accumulation.

4) All-Time High (ATH) potential goes beyond 55X. We are happy with 3-5X, or 10X or 20X... But the higher the potential, the better.

We are keeping this one simple.

Try the linear chart vs the log. chart for a true perspective as to the current situation with Curve. This is true a bottomed-out altcoin (can go lower though as in a final shakeout/flash crash). These are the ones to look for if you want to hold long-term; low risk vs a high potential for reward.

Namaste.