#CVX/USDT
CVX tested 4.77 level many times till now and it's considered a very important level
and this level now is our major support and we may use it as our stop-loss for this trade.
🟢Entry price: from now at 5.3 to 4.9
🎯Targets:
|> 6
|> 7
|> 8
🔴Stop-loss: Daily candle closes under 4.77
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 3.5%
Cvxusdt
CVX/USDT, ,has shown a symmetrical triangle pattern breakout and retest, which has been confirmed on the 4-hour time-frame. A symmetrical triangle is a chart pattern that typically forms when a security's price is consolidating, creating a series of higher lows and lower highs. This pattern indicates that the market is indecisive about the future...
Seems Like Getting ready to continue Its Uptrend
Formed Bullish Pennant Incase Of breakout expecting 60 to 65% bullish move Keep eyes On Cvx For breakout
$BINANCE: CVXUSDT.P is looking somewhat Promising if it breaks above the resistance area, so keep eye on it. If it fails to Break above we may see a retest of the trendline support.
Hi dear friends, hope you are well and welcome to the new update on Convex Finance ( CVX ) with US Dollar pair.
Previously we caught a nice trade of CVX as below:
Now on a 4-hr time frame, CVX is about to complete the final leg of a bullish Cypher move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CVX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Hi Traders,
This formation is so far aligned with a continuation pattern.
The 3rd target is the macro resistance trendline.
With contracting triangles, we have a number of models.
As per the chart, I have outlined the most common.
However this also aligns so far with the wyckoff distribution as well.
Please give me a like and share,...
Hi Traders, Investors and Speculators of the Charts 📈📉
CVXUSDT is another altcoin with massive upside potential. Infact, after consolidating for such an extended period, a parabolic move to the upside is very possible.
In the chart, I've pointed out 3 take profit zones based on candle wicks (supply zone and demand zone) , but you can always add more TP points...
CVX got stuck in daily resistance zone, which looks quite strong. Once it clear the red zone we can see some good upward movement with expected targets. DYOR
