BINANCE:CVXUSDT
CVX's chart is mostly same with CRV
CRV pumpp, next is CVX
Dont miss it
Do your own risk management.
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Patience is the key to success.
DYOR
💎The #CVXUSDT chart is currently painting a fascinating narrative, reminiscent of the classic Elliot Wave theory. Since the dawn of this year, the asset has witnessed a consistent dip. Between February and August, #CVX plummeted by a staggering 66.6%, leaving investors pondering about its future prospects.
💎However, there's a silver lining for the optimists. A...
BINANCE:CVXUSDT against the backdrop of COINBASE:BTCUSD , which has been falling for a long time and finally stopped, is forming a rather interesting consolidation near the wedge resistance.
The coin on the chart is testing the bottom at 2.417, after which it forms a decrease in volatility and consolidation, within which the coin is creeping up to the trend...
Weekly Chart
CVX BINANCE:CVXUSDT has a reversal pattern and creating Head Shoulders
Daily Chart
CVX has rejected the support with Pin Bar
So we need a BOS when price closed above the Pin Bar
Wait a next move
Hello Traders,
As we can see that CVX is on strong support and we expect a bullish move from here hold tight.
use proper stop loss as bitcoin is still not stable. cheers!
grab some cvx here as it is on the strong support we can see a bullish uptrend from volume shows a strong buying is going on. use proper stop loss as bitcoin is not stable.
Recently the alt-coin market gave many bullish signals
This is one coin i want to review today
Firstly we have a bullish signal from our indicator
Indicating the prior high level is about to be broken
On the other hand we have more bullish patterns like the W
This pattern is known to be a recovery one.
The CVX has broken up 200EMA at 30m TF.
RSI values are above 50 points at 4H, 1H and 30m TFs.
I think the asset will continue to rise after it overcomes the current resistance level.
Convex is doing good and we are going to look at it through the 1,2,3,4 Steps Pattern that I made up earlier.
The pattern consist in four steps that have been repeating across the Altcoins market.
#1) The initial bullish wave.
#2) The first low after the initial bullish wave peaks and enter correction mode.
#3) Is either a higher or lower low compared to March....
BYBIT:CVXUSDT.P
Purely, off technical analysis.. we have come down to a desired price which will now give me the opportunity to scale down and bring my idea too life!
Entry - 3.24
SL - 2.920
TP - 5.000
I shall use a 10% margin for this trade with the risk off 1%.. not financial advice just ideas.
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Expecting CVX TO Go 100% up From here Good reward and small risk To go Mybe one of the best but lets see in past had did many 100% coin trades lets hope its also one more
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial...
