Kriptos

CVP-USDT DEFI

Long
OKEX:CVPUSDT   None
Greetings,
Relatively new Powerpool coin, or rather token, from DEFi . In circulation 25 million out of 100. Added to top exchanges.
Trading on liquid exchanges only to USDT and ETH.
Excerpt from the official website about what the project is about - PowerPool is a decentralized protocol for automatically managed token portfolios and smart indices. The protocol uses capital stored in portfolios/indexes to generate additional returns from stacking, storage, and meta-management. PowerPool is managed by CVP token holders, including protocol updates, new indexes, portfolio strategies, and use of meta-management power.

Technically, the chart has formed a squeeze to the $4 level, or another ascending triangle, further the price does not rise, indicating there is a limit supply at this price. Most likely, this level will be broken through, if the market will be the same without sharp shocks.
Potential entry points from the current, from trend support or horizontal support 2.2 (if given). At breakdown and fixing above the level of 4$.

Always use a stop loss, and do not use trading leverage greater than x3.
A trader should always have tomorrow.

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