CVXUSD Hourly Double TopDouble Top within a down channel
This will likely lead to extended downfalls if the channel does not provide support
Double tops are a bearish pattern
Key stats
About Convex Finance
CVXUSD Bullish long-term but facing the 1st ResistanceConvex Finance (CVXUSD) is above its 1D MA200 (orange trend-line), having broken above the Descending Triangle pattern that has been keeping it bearish since the June 18 Low. Right now however, it is approaching the 6.000 Resistance level , which has been holding since the August 25 2022 High (broke
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