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MerijnTrades
Nov 11, 2021 8:23 PM

CVC/USDT update Long

Civic / TetherUSBinance

Description

Hi all,

My CVC/USDT was activated tonight. After we saw manipulation at many coins yesterday, I think we have a nice entry for CVC/USDT.

Why do I see a buying opportunity?
- We had manipulation / fake breakouts before
- Bullish sentiment of crypto (I look at BTC and ETH as sentiment indicators)
- Candle rejected to close below .81, so there is a possible retest
- Price is in bigger support area

Always do your own research and use proper riskmanagement. Please share your thought on CVC/USDT

EDIT: My stop loss is a bit lower than in the chart

Comment

Stoploss to .46 (around entry) trade is now riskfree
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