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CLVUSDT trade ideas

Clover: The Sad Truth...I really hate saying this because I have been following Clover since it released, and have made some money trading it, but here is why Clover continues to dip despite having such bullish news everyday. No one has pointed this out so I guess I have to.. They keep dumping new circulating coins into the market like its Christmas. I believe they slowly have been dumping coins onto the market and updating the "Circulating Supply" far after they have slowly been releasing them, opposed to massive dumps of coins. This would explain why the price keeps dropping and moving sideways (That, and the market has been dumping overall.) Keep in mind Clover has seemingly been dumping much MUCH harder then most small cap coins, if you only take the previous 2.00 its down 75%. I have proof if you watch this persons video around the 2:50 mark you can see Clover had a 128 million dollar market cap. www.youtube.com Keep in mind this was just IN DECEMBER, a month ago. Now the current circulating supply is at 261 MILLION. This is over double what it was a month ago.. But why didn't the price cut in half?? Well, thats because they have been slowly, with quantitive easing, been releasing new coins onto the market.. then updating the circulating supply months after. The price is actually down more then half (Coinbase says its down over 98% but thats typical pump and dump action for a new coins so I dont include that.) It first launched on Coinbase the Circulating Supply was around 112 million. Keep in mind a total of 1 billion Clover Coins can exist.. And to my knowledge we don't have a set release window for when they will distribute all of them, aside from coins that are part of an auction (but those coins are locked up and not part of the circulating supply). I feel like people are going to get upset with me pointing this out, but I wouldnt invest in Clover until we have more transparency on when or how they decide to randomly distribute coins onto the market. If they keep slowly distributing coins like this then the only way it can go up is if more people buy them then the rate they release new circulating coins. Feel free to let me know your opinions or if you have any other information. If you agree please leave a comment and like the post so that pushes this up so everyone can see.. I dont normally ask for this but I feel people REALLY need to see this before they consider buying Clover at this point. I've been looking into this coin for some time and I just wanted to share my findings.
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by BlueJane69
7
CLVUSDT BUY ZONE AND DESCENDING WEDGEBesides the fact that Clover Finance is a solid project, it also won DOTs parachain auction about 3 weeks ago. You can see from the chart this asset has been in an extended accumulation phase for sometime now. From a glance at the chart, despite the price going down during accumulation, you can see strong amounts of buying going on here with peaks far above the average volume. If you pair that with the fact that we have 2 descending wedges (smaller and larger) you can assume this asset will break out eventually. Because of this I have been DCAing the dip as of recent, and have used the current BTC drop as an entry into this asset. Thanks again everyone!
CLong
by mysticalwalrus
1
CLVUSDT Daily Analysis : 12.12.21 $CLVAppealing price ranges for long-term investment and HODL in #CLV : 0.09$ - 1.1$ Important support and resistance ranges are marked on the chart and everything is clear ... Anyway, wherever the chart was vague for you, Jus ask . Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 12.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
CLong
by ArmanShabanTrading
5
CLV can be ready to MOVE!CLV looks good. Since Bitcoin and Ethereum are holding up well, it might be a good idea to look into new projects with good potential like CLV. CLV is below the 25-day moving average for now. MACD bullish on daily chart. For now I'm waiting for the descending triangle to work as resistance. The Fibonacci levels I expected after the bullish breakout are on the chart. Follow along with the volume. It is not financial advice. /////// Türkçe CLV gayet iyi duruyor. Grafikteki üçgenin üst kısmının kırılmasını bekliyorum. Fakat şimdilik 25 günlük hareketli ortalamanın altında olması olumlu değil ancak market böyle oldukça bu problem değil. Eğer bitcoin'in hala boğa marketinde olduğunu düşünüyorsanız bence takip etmeniz gereken paritelerden biri bu olabilir. Yatırım tavsiyesi değildir. Bol kazançlar..
CLong
by samedovich
1