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CVXUSDT trade ideas

CVX/USDT descending channel expecting breakout? 👀🚀💎 Paradisers, pay attention: #CVXUSDT is navigating a descending channel and is on the brink of a potential breakout, indicating a strong possibility of an upward trajectory. 💎 Currently, #CVX is challenging the channel's resistance and has been trading within a consolidation zone. If it can maintain momentum at the key support level of $2.116 within this channel, we anticipate a substantial upward move, aiming for the resistance levels we've outlined. 💎 Given the market's inherent volatility, if NYSE:CVX fails to sustain its momentum and falls below the $2.116 support, it could signal a weakening of the bullish stance, potentially resulting in a considerable price drop. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2
🚀 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
LONG #CVXUSDTLONG #CVXUSDT from $4.96 stop loss $4.75 15m TF. This instrument is in an upward movement structure, there are very strongly increased trading volumes as well as high activity from the buyer, we see that the price has formed the current local cascade on the lower TF above the previous long-broken consolidation, the price does not update the minimums + there is a good preload on the current ones, I expect to see a breakdown in the long marked cascade with growth potential to the $ 5.4 mark
CLong
by CScalp_EN
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 Targets Q4 2023 Convex Finance is a platform that boosts rewards for CRV stakers and liquidity providers alike, all in a simple and easy to use interface. Sometimes they are also price corelated. CRV can pump first and than smaller cap CVX pumps MORE ! However CRV is a safer bet as an asset allocation strategy I like exposure to risk to i take in consideration CVX has a great potential here (in the bull market) - at least in this growth cycle The real bull-market can start somewhere in Q2 2024- 2026
by blackriver85
1
🚨 Trade Alert: CVX/USDT (3-5x)🚨 New Trade Alert 🚨 ✅ CVX/USDT (3-5x) 📉 LONG Entry Zone: 3.7 - 3.948 ⛔️ SL: 3.497 🔒 Breakeven Move: When it moves close to TP2 🎯 Take Profit: Short Term: 3.99 - 4.05 - 4.11 - 4.21 - 4.35 Mid Term: 4.45 - 4.55 - 4.65 - 4.75 - 4.97 📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels. ⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis. GIS TRADING®
Long
by GISTRADINGLLC
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
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.
by MarsSignals