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Update from previous weeks, it has steadily been following the Fibonacci retracement levels, from last week, the price completed the clean retest of 0.786 fib level and broke through the crucial resistance at $30.38, as well as the resistances at 1 and 1.272 fib levels. I wouldn't rule out a retest of the resistance at 1 fib level, else a retest of the ATH price...
$CVX is respecting the Fibonacci retracement levels, from last week, the price completed the retest at (0.236 fib level) $19.17 and blew past 0.382, 0.5, 0.618, and 0.786 fib levels. It is currently trading around the crucial resistance at $30.38, if it breaks it successfully, the ATH price of $63 is within reach, targets are given by the Fibonacci retracement indicator.
The Convex Finance token is released from sellers' clutches after consolidation and shows an ascending parallel channel.
Convex Finance price is trading above the 20-day moving average in terms of the daily price chart.
In terms of the hourly price chart, the RSI is trading bullish above a half-line (50-point) as well as on the daily time frame. Furthermore, the...
$CVX breaks market structure on lower timeframes
but on a high time frame, we have the probability that $CVX might get rejected or be consolidated below the resistance level
looking to go long at the buy zones marked on my charts.
The Convex Finance Token price is trading near the lowest level ever at $16.10.
The Convex finance price is moving towards the half-line of Bollinger Bands indicator in terms of the daily price chart.
The daily CVX token price is trading below the half-line of Bollinger bands indicator in terms of the daily price chart.
According to Fib retracement, the CVX...
CVXUSDT is trading within a Channel Up on the 4H time-frame since the January 27 bottom. On Feb 16 and 09 it got rejected on the 31.00 Resistance, which is currently the level to beat in order to turn bullish on the longer term.
Even though it has also been rejected on the 4H MA200 (orange trend-line), the important of the 31.00 Resistance is so established that...
Correction triangle almost completed and diver on RSI showing to us good entry point in Long position.
TVL 20B. $ and market cap. only 1.8 B. $, what is mean that project undervalued and 70 % that showed on chart this is just a start
BINANCE:CVXUSDT
After Tetranode-driven dump at 60$, CVX needed some rest & new support above the 30$ past ceiling. 42 should hold both technically & supply wise. 250$ long term target intact.
