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CVXUSD

CVX Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: CVX recently hit its all-time low at $1.80, where the support trendline is holding the price. The chart shows an expanding triangle pattern, while the RSI is forming a bullish divergence, suggesting that the price may accelerate toward the resistance trendline. Key levels: - Support/Accumulation: $1.6 to CMP. - Resistance/Target: $4. - Higher Target: $7.5. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
Convex Finance CVX price surprises with growthWhile #CRV fell in price instantly -30-40% and liquidated everyone on its way. The #Convex Finance #CVX DeFi protocol, which allows LSE:CRV liquidity providers to receive a share of trading commissions on the #Curve without staking liquidity there, made +150% "on easy" This only shows how the market works and how capital flows: someone's loss in the market is someone's gain at the moment who chose the right direction (or created it :) All we have to do is wait for the spot when our/your alts make a similar curtsy)
by P_S_trade
🚀 CVX Rocket: A Journey into the Stars! 📈🚀🚀 CVX Rocket: A Journey into the Stars! 📈🚀 Hello Fellow Traders! 👋 CVX is on our radar, and it's poised for an exhilarating journey. Here's the scoop: 🎯 Targets in Red and White: Zoom in on those red lines – they're your targets! But wait, there's more! The white trend lines unveil additional targets, offering a comprehensive roadmap. 🔄 Supply Check: With a circulating supply of only 92,646,235 CVX, this crypto is in accumulation mode – a potential spark for exciting price movements. 💚 Prime Buy Opportunity: Spot that green line? That's your golden buy opportunity! Keep some cash handy in case the market decides to dance to a different tune. Top Trading Tips: DCA (Dollar-Cost Averaging): The seasoned trader's secret weapon. Diversify: Don't gamble your entire stash on one play. 🚨 Disclaimer: This isn't financial advice. Success in crypto demands diligent research and strategic moves. Wishing you the best of luck on this crypto adventure! 🌌💰
Long
by KarimMohsen
1
CVX is a big bullCVX is very bullish in our view. A large diametric is finished. CVX is expected to pump more soon. Note that the wave that CVX is in now is very valuable. We have a flip zone on the chart, as long as this zone is maintained, the targets specified on the chart are available. Closing a daily candle below the flip zone will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
1
CVX/USDT Bullish Prospects Amid Supply Zone Challenge? 👀 🚀💎 Paradisers, gear up for a potential bullish wave in CVXUSDT as it currently navigates a critical supply zone, showing signs of a possible breakout. 💎Tracing its historical path, CVXUSDT has consistently demonstrated a knack for breaking above its descending trendline, leading to upward trends. Currently, as it retests the supply level at 3.843, the odds are leaning towards a breakthrough and a subsequent move towards a stronger resistance level. 💎 However, should CVXUSDT encounter a significant rejection at this point, a bullish strategy from the demand level of 3.303 might come into play. While some traders might be contemplating short positions at this juncture, the savvy investor should weigh their options carefully to stay ahead of the curve. 💎An additional factor to keep in mind is the potential for a downward trend if CVXUSDT fails to harness upward momentum from the demand level. A break below this point could lead to a substantial bearish movement.
CLong
by MyCryptoParadise_Simon
Convex Finance (CVX) forming bullish Cypher for upto 21.50% moveHi dear friends, hope you are well and welcome to the new update on Convex Finance ( CVX ) with US Dollar pair. Previously we caught a nice trade of CVX as below: Now on a 4-hr time frame, CVX is about to complete the final leg of a bullish Cypher move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
CVXUSD Bullish long-term but facing the 1st ResistanceConvex Finance (CVXUSD) is above its 1D MA200 (orange trend-line), having broken above the Descending Triangle pattern that has been keeping it bearish since the June 18 Low. Right now however, it is approaching the 6.000 Resistance level , which has been holding since the August 25 2022 High (broken only once on a candle wick). Considering also the weakness signal of the 1D RSI Bearish Divergence, it is very likely to see the price making the first short-term correction of the January rally, to find new buyers near the 1D MA50 (blue trend-line). We will turn buyers again either on that pull-back or if the price breaks above 6.5000 first and target the 8.7000 Resistance (July 23 High). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
C
by TradingShot
2