482.3K @CredibleCrypto And on the lower timeframes, we have a clean PO3 in progress here imo.
We already got the clean sweep and close above the HTF macro lows which served as our "manipulation" phase, now looking for a move back up through the FVG above our accumulation zone in green and into the untapped supply at .33-.45.
From there we are likely to get a pullback that we will want to see form a higher low for continuation higher.
ethereum:0xd533a949740bb3306d119cc777fa900ba034cd52
482.3K @CredibleCrypto Added some more notes to the $CRV chart for reference.
We got a nice daily SFP on our move below our swing that marked the bottom of our TR (trading range).
You'll also note that the spring occurred on relatively low volume. This is key because it indicates that there is no more "excess supply" left on this asset. A break of a major swing low like this would typically coincide with a spike in volume from panic sellers who are selling the "break" or capitulating (like we saw during the 2024 break where we saw record volume from liquidations and forced sellers). The lack thereof validates that excess supply has already been removed at this point AKA weak hands have been completely rinsed and so we are now finally ready for the markup/expansion phase.
While there are significant implications in all of this, one of the biggest is that the 7x rally from .18 to $1.30+ in 2024 wasn't actually the start of the expansion phase but rather just part of the accumulation/basing process, and the "excess supply" that exi
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482.3K @CredibleCrypto Added some more notes to the $CRV chart for reference.
We got a nice daily SFP on our move below our swing that marked the bottom of our TR (trading range).
You'll also note that the spring occurred on relatively low volume. This is key because it indicates that there is no more "excess supply" left on this asset. A break of a major swing low like this would typically coincide with a spike in volume from panic sellers who are selling the "break" or capitulating (like we saw during the 2024 break where we saw record volume from liquidations and forced sellers). The lack thereof validates that excess supply has already been removed at this point AKA weak hands have been completely rinsed and so we are now finally ready for the markup/expansion phase.
While there are significant implications in all of this, one of the biggest is that the 7x rally from .18 to $1.30+ in 2024 wasn't actually the start of the expansion phase but rather just part of the accumulation/basing process, and the "excess supply" that exi
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10.7K @Freki_OG 482.3K @CredibleCrypto You can find this 100 year old schematic all over the internet, telling you that this type of PA is normal, natural, and has been recorded to occur for literally decades prior to the biggest expansion phases on record- and many of you are still panic selling into the absolute pico bottom.
If you never did any DD on @CurveFinance and/or never had any conviction in it in the first place- that's a different story.
But if you did your DD, understood the mechanics behind it, understood the investment thesis and ARE STILL selling into these lows out of fear, you are going against the literal playbook and what it's telling you to be doing here.
$CRV
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