CVC/USDT update
Updated
Hi all,
My CVC/USDT was activated tonight. After we saw manipulation at many coins yesterday, I think we have a nice entry for CVC/USDT.
Why do I see a buying opportunity?
- We had manipulation / fake breakouts before
- Bullish sentiment of crypto (I look at BTC and ETH as sentiment indicators)
- Candle rejected to close below .81, so there is a possible retest
- Price is in bigger support area
Always do your own research and use proper riskmanagement. Please share your thought on CVC/USDT
EDIT: My stop loss is a bit lower than in the chart
My CVC/USDT was activated tonight. After we saw manipulation at many coins yesterday, I think we have a nice entry for CVC/USDT.
Why do I see a buying opportunity?
- We had manipulation / fake breakouts before
- Bullish sentiment of crypto (I look at BTC and ETH as sentiment indicators)
- Candle rejected to close below .81, so there is a possible retest
- Price is in bigger support area
Always do your own research and use proper riskmanagement. Please share your thought on CVC/USDT
EDIT: My stop loss is a bit lower than in the chart
Note
Stoploss to .46 (around entry) trade is now riskfree
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.