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There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank...
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Looking for a Long position in CVC/USDT. It can likely breakout of the ascending triangle and hit the targets marked in green. The stoch indicator also shows oversold and it has great potential.
Use no more that 5% of your portfolio.
Enter around: $50 - 52
Targets: 54.5, 60, 65, 69 and 73.
Note: this is not financial advise and trade at your own risk.
Analysis:
- Liquidity Points
Liquidations: $0.49
Money Level Bulls: $0.72
Money Level Bulls: $0.78
Money Level Bears: $0.44
Money Level Bears: $0.39
Money Level Bears: $0.26
Opinion:
Markets seek liquidity in the form of stop losses aka liquidation levels
I have laid out the daily levels of liquidity for both the bulls & bears
If you are bullish then...
✅ Buy: 1.60 - 1.635 ✅
🎯TARGETS:
1- $0.76
2- $0.95
⚠️⚠️leverage up to 5x ⚠️⚠️ (open future till first target only)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): 4hr candle close below 0.57
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![CVCUSDT: [ALTCOIN] CVCUSDT TREND LINE ANALYSIS](https://s3.tradingview.com/c/cqyir22Z_mid.png "[ALTCOIN] CVCUSDT TREND LINE ANALYSIS")
