CLVUSDT
💪 CLV accumulation/Ascending Triangle!! BE EXTRA CAREFUL WITH NEW LISTINGS THEY TEND TO DO WEIRD THINGS !!
Clover.Finance is a fairly new listing on Binance. My 1-minute long research says it's a multi-chain wallet with some defi features.
The price formed an ascending triangle and is now getting rejected from key level (1.436) It may take weeks or months until we see some big moves here, so treat it as a potential long-term trade.
Entry: 1.37 (current price) -- down to 1.25 (or as long as the bottom trendline holds)
TP1: 1.436
TP2: 1.570
TP3: 1.620
TP4: 1.791
TP5: 2.018 (~54%)
TP6: OPEN++
Suggested SL:
1.174 (~10%) -- half of position size
and then rest
manual sell if needed
All given values are approximate.
Remember about risk management, especially that BTC has been quite volatile lately.
CLVUSDTCLV successfully broke out his downtrend on the 4h chart, this was likely as we saw the double bottom formed before nice nice break out.
If you didn't enter in this trade before, so wait and see if the price come to retest the downtrend line broken.
We can also see our weekly resistance is perfectly situated on the 0.618 Fibo level, this area will be important. It could be an entry point if we flip this level and retest successfully.
We are really bullish on this structure and expect no more than 65% profit on this trade. Our take profits are the Fibo levels .
All eyes on CLV!
CLVUSDT Technical Analysis
⏳ Spot
💎 CLVUSDT has broken above the Resistance. It has also broken out of the triangle. we expect that the price goes lower for a Pullback then goes higher.
🏁 Short Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 1.500
☕️ TP1 1.800
🍺 TP2 2.000
🍻 TP3 _____
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 1.337
Good Luck 🎲
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Clv big bullish move coming +94%Customer lifetime value (CLV) is one of the key stats to track as part of a customer experience program. CLV is a measurement of how valuable a customer is to your company, not just on a purchase-by-purchase basis but across the whole relationship.
CLV has formed an ascending triangle, it may make a big bullish move after breaking the resistance.
Thanks for reading 💗
CLV/USDT ($2 Strong Daily Resistance?)💎Technical Analysis Summary💎
CLV/USDT
-Clover Finance is having an issue breaking up higher
-Due to a strong daily key resistance area around $1.8-$2.0
-The good news though the price is respecting the short term EMAs
-If you are playing conservative on this type of scenario
-I recommend waiting for the breakout confirmation
-With this type of approach, you know that the market will continue up
-Good luck and make sure to have a trading plan
⚠️Please always read the description⚠️
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CLVUSDT { CLOVER FINANCE } - BULLISH SETUPANALYSIS 🔎
- CLVUSDT is on an uptrend supported by the ascending trendline support.
- Price hit a swing high and retraced for a retest of the ascending trendline support.
- The retracement was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- Price action is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@1.1).
- Market entry: current market price.
- limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@1.148).
- Horizontal resistance level (@1.22).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Simultaneous breakdown below the ascending triangle's inclined support and ascending trendline support.