#CVX/USDT
Updated
#CVX
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 2.20 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold conditions on the RSI indicator to support the rise with a strong uptrend
Entry price 2.38
The first goal is 2.62
Second goal 2.82
Third goal 3.09
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 2.20 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold conditions on the RSI indicator to support the rise with a strong uptrend
Entry price 2.38
The first goal is 2.62
Second goal 2.82
Third goal 3.09
Trade active
The first goal is 2.62 ReachedSecond goal 2.82 Reached
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