Coval is an OvalAppears to be in a descending wedge, that in combination that its currently in the golden pocket on the short term fib makes for a potential outbreak. Good luck guys!
COVALUSD trade ideas
COVAL/USD Massive potential project. Here we have coval/usd pair 1h golden cross of 50/200 ema. Watch closely for 2h-3h time frame confirmations of it as well to hop on a nice rally of this gem. There are many other projects that have similar coin supply as COVAL ( 1.2bln coins) and many are in the range of $2-$10.
This is a very unique project that brings crypto and NFT tranches to crypto world. No one ever done this before. It was only used in traditional financial markets converting all types of securitized assets, putting them together and sell as a totally new asset. Now COVAL brings the same to the crypto: combine different currencies>make vault of them(Coval) and pay or send it as Coval, which was designed to reduce Ethereum network fee during transactions of different currencies. Now you won’t have to pay multiple fees or make multiple transactions. Send one transaction with packed multiple assets in it and pay less one time fee for all.
Cardano with 45 bln of tokens went on a rally and hit $3.5 ATH. MATIC with the same supply as COVAL hit $2.60 ATH within 6 months. Coval has a massive upside potential and already used to send crypto and nft across multiple chains within Ethereum ecosystem to save on gas fees.
We might be looking here at whooping $10-20 range rally within next 6 months as the overall market conditions improve. True “tomorrow” project with unlimited potential.
COVAL USDThis is the current sentiment at this particular timee/space. The Floor has been reached. Up Trend proceeding. The market has the support levels needed to move forward.
COVAL/USD TOKENThis is the current sentiment with COVAL @ this time/space juncture. It is on uptrend at moment. Looking forward to new highs retraced.
COVAL Moonshot please!Bouncing off the .618 and formed a solid descending wedge. Price has nowhere to go but UP 🔥
COVAL IdeaOff the previous setup the resistance line in Blue was confirmed n that turn around and failed to exit and continue the green trajectory. I created from the support bounce the next sets of pivot trend channels for the retrace up for a cup and handle condition that I think could be the run up for this accumulation phase. I will be looking at the candlesticks changing on higher highs on the divergances and the Reversal Lower highs within each Channel Targers. I will focus w RSI finding the 70 take profit range 30 Buy range and see where in the MACD are we crossing. These are my notes
None of this is financial advice. I hope you gain knowledge from these charts and grow your knowledge.
Stay Blessed
COVAL/USD Technical AnalysisStarting to see some accumulation zones and support levels. We need some volume and follow through to make Coval have a decent pop, and re-test the highs
Coval Set a channel Fan with a possible accumulation movement up within this lower band for a possibile exit
covalGet In Now for its to late. Big jump coming soon hurry. Circuits of Value The price will be moving up fast due to increasing market value. Looking at a near term price of 0.65 and a 1-month price 3-5 dollars.
