#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 limit of the channel at 2.72, which acts as strong support from which the price can rebound.
Entry price: 2.83
First target: 2.90
Second target: 2.97
Third target: 3.06
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 limit of the channel at 2.72, which acts as strong support from which the price can rebound.
Entry price: 2.83
First target: 2.90
Second target: 2.97
Third target: 3.06
Trade closed: target reached
#CVX
First target: 2.90 Reached
Second target: 2.97 Reached
Third target: 3.06 Reached
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Disclaimer
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🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.