CVX / TetherUS
Long
Updated

#CVX/USDT : Long-Term Breakout Signals Massive Upside Potentia

104
#CVX

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.

There is a major support area in green at 3.47, representing a strong support point.

For inquiries, please leave a comment.

We are in a consolidation trend above the 100 Moving Average.

Entry price: 3.52
First target: 3.57
Second target: 3.62
Third target: 3.66

Don't forget a simple matter: capital management.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.
Trade closed: target reached
snapshot
#CVX
First target: 3.57 Reached
Second target: 3.62 Reached
Third target: 3.66 Reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.