CVCUSDT trade ideas
CVCCHART, Originally fractal problem. First year projectThis is CVC's first Bullrun. I made a fractal for it.
Coin prediction has been to been seen to be Currently on its way up to 0.80. Lets just give this a target all the way to $4.00(Just because I feel like I have seen this number, however I will make this chart up to $0.80. The create a fractal afterwords. Wanted to publish as fast as possible. Not financial Advice!
🔥 CVC Path To New All Time HighCVC has formed a new all time high last week. Since then, a small correction has been going on, which has now concluded.
Since today CVC is seeing small 4H candles, indicating that early buyers are flocking in and pushing the price higher. Like we have seen with a lot of other crypto's, small bullish bars are often leading to later exponential growth. In case of the latter, we could expect a new all time high soon.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
🔥 CVC/USDT Bullish Triangle Almost CompleteSince the early days of 2021 CVC has been residing inside a bullish triangle. I'm aware that there are some spikes here and there, but the general structure of the triangle remains intact.
Before entering this trade I strongly advise waiting until the upper resistance of the triangle has been broken on a higher time frame. If you're feeling confident about CVC being bullish you can enter already now.
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
CVCUSDT (CVC) - UPTREND CONTINUATION ANALYSIS 🔎
- CVCUSDT bounced off the ascending channel support, breakout out above the falling wedge's resistance.
- CVCUSDT hit a swing high and retraced.
- Price retested the falling wedge's resistance.
- Price action is printing an ascending triangle pattern.
- Price is testing the ascending triangle's horizontal resistance.
- Breakout above the ascending triangle's horizontal resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance levels (R1, R2).
- Fibonacci extension levels.
- Ascending channel resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.