Hello community members welcome to CVC/USDT 2hr chart analysis by CRYPTOSANDERS
I have tried my best to bring the best possible outcome to this chart.
As we can see from the above-mentioned chart that CVC/USDT was trading inside the parallel channel pattern and broke the upper trend line now moving to retest the upper trend line which will be the confirmation for...
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I have tried my best to bring the best possible outcome in this chart, Do not consider it...
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I am presenting you my analysis of CVC .
According to my technical analysis , CVC is moving in a channel with support from trendline. Now, we are expecting a rise!
"My analysis is valid until We don't see a breakout from trendline"
I hope my analysis is pretty clear to you guys.
💎 CVCETH has been moving along the descending channel, when the price reached the support zone it got rejected from the zone. If the price goes down to the pullback zone again, we expect than it get rejected again.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.0001190
☕️ TP1 0.0001320
Welcome to this quick cvc/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- cvc/usdt bullish inverted head and shoulders patttern confierm and retest complete.
Entry:- 0.49$, 0.51$.
Sorry for my english it is not my native...
Many altcoins are now forming a structure on the charts - an accumulation.
CVC is squeezing near the key $0.51 level, which is a good signal for growth. If the price breaks through $0.51 and tests it as support, it would be a good buying opportunity. The target is marked above.
Write in the comments all your questions and instruments analysis of which you want...
Waiting for Blue or Green in the indicator
or Break Through the Resistance Line violently
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.