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Cvxusdlong

#CVX/USDT : Long-Term Breakout Signals Massive Upside Potential #CVX The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward move with a breakout. We have a support area at the lower boundary of the channel at 3.30, acting as strong support from which the price can rebound. We have a major support area in green that pushed the price upward at 3.27. Entry price: 3.39. First target: 3.47. Second target: 3.55. Third target: 3.65. To manage risk, don't forget stop loss and capital management. When you reach the first target, save some profits and then change the stop order to an entry order. For inquiries, please comment. Thank you.
Long
by CryptoAnalystSignal
CVX/USDT Weekly Analysis — Strong Reversal Zone CouldTechnical Analysis: 1. Strong Demand Zone (Key Reversal Area) CVX price has repeatedly tested a strong support zone around $1.43 – $2.20 (highlighted in yellow). This area has acted as a major accumulation zone, showing strong buyer interest and serving as a critical base support. 2. Potential Double Bottom Formation (Bullish Reversal Pattern) A potential Double Bottom or Adam & Eve pattern is forming within this demand zone — a classic bullish reversal structure, indicating a possible trend shift to the upside. 3. Key Resistance Levels (Bullish Targets): $2.90 – Minor resistance, likely to be tested in the short term. $3.46 – Significant psychological and technical resistance. $4.98 – Major resistance and neckline of the double bottom pattern. $6.76 – Strong weekly resistance, a potential medium-term target. $15.77 & $47.97 – Long-term targets if a macro bullish trend emerges. Bullish Scenario: If the price holds above the $2.20 support zone: Gradual upward movement expected toward $2.90 → $3.46 → $4.98. A confirmed breakout above $4.98 could trigger a rally toward $6.76. Full bullish confirmation would occur if the price breaks and holds above $6.76, indicating a longer-term trend reversal. Bearish Scenario: If price breaks down below the $1.43 support level with a weekly close: The double bottom structure would be invalidated. Price could enter new price discovery territory, potentially heading below $1.00. Market sentiment would turn significantly bearish. Strategic Conclusion: CVX/USDT is currently at a critical decision point. A strong historical support zone suggests a high potential for bullish reversal. Confirmation of the bullish structure requires a breakout above $4.98. However, caution is needed if price breaks below $1.43, as it may indicate structural failure. #CVXUSDT #ConvexFinance #CryptoAnalysis #DoubleBottom #ReversalPattern #BullishSetup #AltcoinAnalysis #SupportResistance #CryptoBreakout #TechnicalAnalysis
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by CryptoNuclear
🚀 CVX Rocket: A Journey into the Stars! 📈🚀🚀 CVX Rocket: A Journey into the Stars! 📈🚀 Hello Fellow Traders! 👋 CVX is on our radar, and it's poised for an exhilarating journey. Here's the scoop: 🎯 Targets in Red and White: Zoom in on those red lines – they're your targets! But wait, there's more! The white trend lines unveil additional targets, offering a comprehensive roadmap. 🔄 Supply Check: With a circulating supply of only 92,646,235 CVX, this crypto is in accumulation mode – a potential spark for exciting price movements. 💚 Prime Buy Opportunity: Spot that green line? That's your golden buy opportunity! Keep some cash handy in case the market decides to dance to a different tune. Top Trading Tips: DCA (Dollar-Cost Averaging): The seasoned trader's secret weapon. Diversify: Don't gamble your entire stash on one play. 🚨 Disclaimer: This isn't financial advice. Success in crypto demands diligent research and strategic moves. Wishing you the best of luck on this crypto adventure! 🌌💰
Long
by KarimMohsen
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