#CVX/USDT#CVX
The price is moving in a downward channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.50
Entry price 1.71
First target 1.87
Second target 2.20
Third target 2.55
Cvxusdtsignals
#CVX/USDT#CVX
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 2.20 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold conditions on the RSI indicator to support the rise with a strong uptrend
Entry price 2.38
The first goal is 2.62
Second goal 2.82
Third goal 3.09
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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! 🌌💰
CVXUSDT.1DBased on the provided market data, the CVX currency is currently trading at 3.713 USDT. This is above the Bollinger Band (BB) 4-hour and 1-day values of 3.695 and 3.676 respectively, suggesting the currency is currently overbought. This is also supported by the Relative Strength Index (RSI) values for 4-hour and 1-day which are 67.66 and 81.28 respectively. RSI values above 70 generally indicate overbought conditions.
The Moving Average Convergence Divergence (MACD) values for the 4-hour and 1-day windows are positive, at 0.084 and 0.203 respectively. This typically indicates bullish momentum in the short term. However, the 7-day MACD is negative, which could indicate a bearish trend in the longer term.
The 4-hour support levels are at 3.484, 3.269 and 3.212 USDT, while the resistance levels are at 3.840, 4.019 and 4.039 USDT. On the 1-day timeframe, the support levels are at 3.091, 2.886 and 2.721 USDT, and resistance levels are at 3.787, 4.019 and 4.272 USDT. These levels can act as potential reversal points.
In the 7-day timeframe, the BB value is 4.102, which is higher than the current price, indicating that the currency is not overbought in the longer term. The support levels are at 3.161, 2.294 and 2.286 USDT with resistance levels at 4.084, 4.836 and 5.890 USDT.
In conclusion, while the short-term indicators suggest that CVX is currently overbought and could be due for a correction, the positive MACD values indicate bullish momentum. However, the negative 7-day MACD could suggest a longer-term bearish trend. Traders should watch the support and resistance levels closely for potential price reversals. This analysis is purely based on technical indicators and does not take into account any fundamental factors or news events. As always, it's recommended to use this analysis in conjunction with other research and risk management strategies.
cvx short setupHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Cvxusdt Breakout And retestCvxusdt
CVX/USDT, ,has shown a symmetrical triangle pattern breakout and retest, which has been confirmed on the 4-hour time-frame. A symmetrical triangle is a chart pattern that typically forms when a security's price is consolidating, creating a series of higher lows and lower highs. This pattern indicates that the market is indecisive about the future direction of the asset.
The confirmation of the pattern breakout and retest on the 4-hour time-frame suggests that CVX/USDT is likely to experience a significant price move in the near future. In this case, the breakout is bullish, indicating that prices are expected to move higher. As a result, traders may look to take a long position in the asset.
Based on the breakout and retest pattern, we anticipate a 30-50% bullish move in the upcoming days. This implies that the price of CVX/USDT is expected to rise by 30-50% from its current level. However, it is important to note that trading always involves risk, and there is no guarantee that the price will move in the anticipated direction.
In summary, based on the confirmed symmetrical triangle pattern breakout and retest on the 4-hour time-frame, traders may consider taking a long position in CVX/USDT, with an expectation of a 30-50% bullish move in the coming days. However, traders should always conduct their own analysis and risk management before entering any trade.
Convex Finance (CVX) forming bullish BAT for upto 16% moveHi dear friends, hope you are well and welcome to the new update on Convex Finance ( CVX ) with US Dollar pair.
On a 4-hr time frame, CVX is about to complete the final leg of a bullish BAT pattern.
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
#CVX/BTC 100% Potential rally ahead...SPOT TRADE SETUP (Binance)
CVX/BTC:- On the verge of a breakout.
Either buy the retest of the breakout or simply buy now and DCA on dips with SL.
Details are given in the chart.
Make sure you do your own research.
Entry :- 6110 to 6500 sats
Target:- 50% to 100%
Stop Loss:- 5680 (Subject to change as per market condition)
DYOR
Do hit the like button if you want me to post more.
Thank you
#Peace
CVXUSDT One Resistance to beat before Fib gap fillingCVXUSDT is trading within a Channel Up on the 4H time-frame since the January 27 bottom. On Feb 16 and 09 it got rejected on the 31.00 Resistance, which is currently the level to beat in order to turn bullish on the longer term.
Even though it has also been rejected on the 4H MA200 (orange trend-line), the important of the 31.00 Resistance is so established that I believe if it breaks, the Channel Up Higher Higher will also break and CVXUSDT will fill the first Fibonacci retracement level (0.382) at 37.55. A 1D closing above it should bring a bullish extension on the 0.618 Fib (47.30) and naturally a complete recovery at 63.00 should occur next on the long-term despite the usual profit-taking pull-backs in between.
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