TradingView
CryptoStation
Jul 27, 2022 4:01 AM

📈PowerPool (CVP) Jul-27 #CVP $CVP Long

CVP / TetherUSBinance

Description

â‹…
CVP is actually a pump-dump coin. It constantly has flash pumps and that is something that we should not ignore.
In the upcoming trend, CVP is forming a Bump & Run pattern and its target is $0.2 zone.
However, with a pump-dump coin, it is possible to accumulate at support areas and wait for flash pumps. The support areas where the flash pump can appear are the $0.35, $0.30 and $0.0.2 zones.
However, to avoid losing profits in flash pumps, you should place sell orders and consider canceling orders so that you can sell reasonably when flash pumps happen.
More