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CLV / TetherUS

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CLVUSDT trade ideas

🔥 CLV Bounce IncomingCLV is one of the newer coins on Binance. After opening strong, CLV saw a huge sell-off in the days following its initial publication on Binance. After trading sideways for a couple of days, it appears that the bulls have returned and CLV saw a couple of strong candles. Currently we're facing a mild correction after a huge morning. I'm expecting the price to drop further towards the red area of support, which will in turn be a great area for buying in again. Seeing the current volatility, a +20% in a day would'nt even be too far-fetched. Current target is the green area of resistance. Happy trading!
Long
by FieryTrading
14
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.
Long
by Chibuike_Odoh