Curve DAO Token (CRV)

This question has sparked endless debate on CT for years. My answer is that both perspectives are valid, depending on the context and the analyst's technical framework. There's no strict black-and-white rule. Here's why: - In the Elliott Wave Principle, wicks must be respected. A clean impulse followed by a correction that wicks below the impulse's origin invalidates the count—even if the candle closes well above it. The same applies to any pattern requiring precise level adherence under Elliott Wave rules. - Crypto's absurdly high leverage creates extreme volatility and massive, anomalous wicks from thin air. The 10/10 crash, for example, was driven by cascading liquidations and liquidity evaporation, not organic selling. In such cases, it's often practical to filter the noise and assess market structure primarily on candle closes, or ignore the wick entirely if not using EWP. This approach works for other clear liquidation-driven spikes. - Trend context matters. On LTF, CRV is ranging (not trending), so obsessing over every minor MSB is usually a waste of energy and leads to overtrading. On HTF, we're still ranging overall too, but HTF MSBs carry more weight and higher probability for spotting meaningful swing shifts. TLDR: Stick to wicks religiously if following Elliott Wave. Otherwise, evaluate the wick's "noise" level based on context (leverage flush, low-liquidity anomaly, ranging/trending market, etc.) and decide case-by-case whether to base structure on closes or extremes. Different setups, different answers.

$CRV / $USD - Update Holding over 0.387c is key for CRV now. Will see if the bulls have the balls to take us higher. https://t.co/sr5tcgekfE

CRV took the high and pretty much pulled back to exactly where I had this marked for a pullback. I'd say that's a likely bottom or close to one. The unfortunate news for this particular daily setup I was anticipating is that daily didn't close over the structure shifting high, so we haven't actually confirmed a daily bullish shift yet. That being said, positive news is there's still the weekly SFP so a long isn't breaking the rules.

$CRV is consolidating at the bottom of the range. Weekly MACD is narrowing, but we do not have a bullish crossover. Technically... short term, we don't have an impulsive move off the lows. It is overlapping and corrective. This infers a new low ahead. There is an option which has price shorter term bullish, but it is lower probability. Still, IMHO, dips are for buying at these levels.. but as in all alt coins with low liquidity, one must be prepared for significant drawdowns as a holder. Research enough to have conviction, or move on to something you can.

$CRV $0.37 or lower🎯 I am now long from $0.37 Pure flow state trading. https://t.co/7Ej7yQ1BR0

$CRV Potential AMD, invalidation < 0.33 https://t.co/MJKPfpRfeh

$CRV Are you not entertained . gif https://t.co/XCNfOkIeNq