Powerpool (CVP) Breakdown | 1,135% Back To BaselineGood morning my fellow traders,
Here we can see a major breakdown on the Powerpool (CVPUSDT) chart, when such an unnatural move happens the market tends to seek balance. In this case, this would create a recovery sending prices up to a minimum of 0.400, which is the baseline level. This is the middle range of the long-term consolidation structure that developed between mid-2022 and late 2024.
This recovery is already apparent as we are seeing the highest buy volume ever in a single week, in the first week of September and then again the second highest buying in a week in the current session.
A move higher would only be a natural reaction from the market as a retest of resistance. If we consider a bull-market and bullish sentiment, this baseline resistance level can be broken and even higher becomes possible.
We are potentially looking at bottom prices as this pair/chart already went through a major crash. Sellers were active for five weeks straight and it is the turn for the bulls to join the market and play. This is an easy call. Buy and hold.
Namaste.
CVPUSDT trade ideas
Long CVPUSDTcvpusdt making bullish divergence from a long period but not breaking their last LH and printing new LL, but
this time they break thier last LH, we can put their buy stop order and make some good profits
CVP CONFIMRATION ON TRENDas the first coin CVP showing a trend confirmation on the chart from high-top coins.
We will watch out for the coming second confirmation since this coin can become interesting
interesting to check out if this coin can add a new volume coming time frame which will allow the break.
This coin has private volume
CVP / UsdtBINANCE:CVPUSDT
✨Cvp is Currently On Resistance Level . Rejecting From 0.6005 and consolidate Level 0.5446
Lets See if Broke that Level We Can See A Support Levels 0.4863 / Second Support Zone
0.4003 / 0.3421 ✨
❇️Disclaimer : I Am Not Financial Advisor❇️
CVPUSDT(PowerPool) Daily tf Range Updated till 26-07-24CVPUSDT(PowerPool) Daily timeframe range. it did had a huge pump. a nice retrace back from its local low smart profits. as of now its trying to break out of 0.5361. a confirm close can lead it to 0.6789. local support at 0.4258.
CVPUSDT.4HExamining the CVP/USDT chart, we see the price within a steady uptrend channel marked by the ascending trend lines acting as support (S1) and resistance levels. The price is hovering around the middle of this channel, suggesting a balanced act between buyers and sellers at the current levels.
The Ichimoku Cloud is beneath the price, which generally indicates a bullish trend in the medium term. The price is trading between the Conversion Line (blue) and the Base Line (red), which suggests a degree of equilibrium between short-term and medium-term sentiment.
The RSI is positioned at 60, slightly leaning towards overbought territory but not quite there yet. This indicates some buying momentum, although there’s still some room before it potentially hits overbought levels where a reversal could be expected.
The MACD is showing a bearish crossover with the signal line above the MACD line, which could be an early indication of slowing bullish momentum or a potential trend reversal. However, the MACD lines are close together, and this could also be a sign of consolidation rather than a decisive move down.
Resistance R1 at 0.674 is the next significant hurdle for price action, while the immediate support S1 at 0.5250 will be critical to maintain the current uptrend structure. A further support level S2 is also identified, suggesting a region where buyers may step in if a more substantial pullback occurs.
As a trader, I would monitor for either a bounce off the S1 support as an opportunity to take a long position within the trend channel or a break above R1 to trade a breakout with potential higher targets. Conversely, if the price breaks below S1, it could indicate a deeper correction, and I might consider a short position with a view of targeting S2, taking care to place a stop loss to manage my risk in case the uptrend resumes.
CVPUSDT.1DThis daily chart for Concentrated Voting Power (CVP) against Tether (USDT) displays a pullback after a significant price surge.
Resistance Levels (R1, R2): Resistance levels have been set at 0.7517 USDT (R1) and 0.9644 USDT (R2). The R1 level might serve as a target for any upward moves or as an area to potentially take profits.
Support Levels (S1, S2, S3): The chart identifies three support levels: 0.5772 USDT (S1), 0.4957 USDT (S2), and 0.3792 USDT (S3). These levels could act as potential areas where buying pressure might prevent further price declines.
MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, but the histogram suggests that the bullish momentum is decreasing as the bars are declining.
RSI (Relative Strength Index): The RSI is just above 70, indicating that the asset may be entering overbought territory. This can suggest a potential pullback or consolidation could be forthcoming.
Conclusion:
Given the current position of the RSI and the declining MACD histogram, I would be on the lookout for a potential retracement or consolidation. The support level at S1 might offer an entry point for a long position if the price shows signs of stabilization or a bounce. However, I would remain cautious due to the possibility of a deeper pullback given the overbought RSI. A break below S1 could see the price head towards S2, and I would adjust my strategy accordingly. In any case, setting a stop loss just below the support levels would be prudent to manage risk. As always, it's essential to integrate the technical analysis with market news and other fundamental analyses to make informed trading decisions.
CVPUSDT is BullishCVP has given a breakout from the accumulation phase after a bullish divergence was formed. Since then, it has started printed higher highs and higher lows. Currently the bulls are in control and the bullish momentum is expected to take the price to new highs. Targets are mentioned on the chart.
CVP Lights the Path: Get In on the Buy Action Today!"*Fundamentals:**
* **Protocol:** PowerPool is a decentralized protocol enabling concentrated liquidity management for various crypto assets. It allows users to leverage their holdings strategically, boosting potential returns while managing risk.
* **Token:** CVP serves as the protocol's native token, functioning as both a governance token for the PowerPool DAO and a staking token for securing network operations.
* **Supply:** The total supply of CVP is 100 million, with 67.5% allocated to the DAO and the remaining portion distributed through various channels.
* **Use Cases:** CVP facilitates participation in PowerPool's features like liquidity pools, concentrated vaults, and governance proposals.
**Recent News:**
* **February 7, 2024:** PowerPool announced a collaboration with the LayerZero protocol to offer cross-chain liquidity options, expanding its reach to other blockchains.
* **January 26, 2024:** The PowerPool team published a roadmap outlining upcoming developments, including improved user experience, expanded asset support, and new features like auto-rebalancing vaults.
* **January 19, 2024:** PowerPool integrated with Lido, enabling users to leverage staked ETH (stETH) within the protocol's concentrated vaults.
**Disclaimer:**
Investing in cryptocurrency carries inherent risks, including potential loss of principal. This information is for informational purposes only and should not be considered financial advice. Please conduct your own research and due diligence before making any investment decisions.
I hope this overview provides a helpful starting point for your research. Remember, always prioritize understanding the risks involved before investing in any cryptocurrency.
binance supports CVPI would like to draw attention to the CVP, to which binance provided an additional inflow of liquidity by adding cross-margin trading. The main goal for the token remains the accumulation retest in the range of 0.60-75 with further tests of 1.0, which will give up to 100%+ profit from current levels. A trend change has been recorded on the indicators of the weekly chart since this week. The month also opened above the 0.4 level, which provides additional support. To date, the price has left the triangle and there is a fairly high probability of maintaining the formed trend line.
Coins such as vibe deep look out asr atm, which did not meet the target levels last year, also have a similar high growth potential. Stronger gft and df projects are well suited to save funds in the medium term. It continues to trade around 0.1 hz, which can also be considered as a medium-term safe haven with a growth potential of 0.15-25 in the future and to top up in case of deeper pullbacks.
CVPUSDT.4HBased on the market data provided, the CVP (PowerPool) is currently being traded at 0.3813 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 59.4, 51.51, and 52.75 respectively. The RSI values being above 50 indicate that the market has more buyers than sellers, which is a bullish signal. However, the values are not too high to indicate overbought conditions.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day and 7 days are 0.0031, 0.0033, and 0.0036 respectively. These positive MACD values suggest that the market is in an uptrend.
The Bollinger Bands (BB) for 4 hours, 1 day and 7 days are 0.4, 0.4414, and 0.4399 respectively. The current price is below the middle band in all cases, indicating a potential for upward movement.
The support levels for 4 hours, 1 day and 7 days are 0.3712, 0.3270, and 0.32442 respectively for the first level of support. The resistance levels for the same periods are 0.4323, 0.4420, and 0.45 respectively for the first level of resistance.
In conclusion, the market data suggests a bullish trend for CVP. However, it's important to note that while technical analysis gives an idea about potential market movements, it doesn't guarantee future outcomes. Always make investment decisions based on thorough research and consider your risk tolerance.
✴️ PowerPool Moving Weekly Pass EMA50 (350% Potential Opens)PowerPool (CVPUSDT) has been rising slowly based on higher lows since June 2022. This week it is moving pass EMA50 weekly for the first time ever.
Above EMA50 the doors open for sudden, surprising and fast growth. This is always possible above this level marked magenta color on this chart.
Now, the loading period has been really long, the "recovery phase", lasting almost 2.5 years.
With such a long waiting period, what follows can be surprising to say the least... Not only this Altcoin but many more will continue to push higher in the weeks and months to come.
Extremely bullish in 2025.
Strongly bullish in 2024.
Allow for corrections and retraces in-between growth but nothing out of the norm.
You can find the targets on the chart... You'll see how fast this one and the others too will grow.
Namaste.
CVPUSDT TODAY1-Apply your own risk management.
2-Daily and Weekly Targets
3-Hunt the profits at any level you see convenient for you.
4-Raise Often Your SL to protect your profits.
5-Use 6 % Spot
6-Long it With 5 % LEV5
$CVP
Entry Range 0.35/0.343 SL Daily body close under 0.335
CVP / CVPUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
CVP PowerPool Price TargetBinance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is CVP PowerPool.
I've set a short-term price target for CVP PowerPool at $0.28.
Looking forward to read your opinion about it!
cvp chart look good for long posistionBINANCE:CVPUSDT
you can buy cvp in binance spot , take profit In green lines
$CVP Continuation Falling Wedge spotted on 1H#CVP is forming a LTF falling wedge below the resistance zone!
Looking for a breakout in the next hours. Let's see if we can make it though trendline..✍
CVPUDTCVPUSDT enter into the bearish trend but not breaks the Last HL.
We wait and watch for the breakout of last HL.
If it breaks the last HL and made firsr LL. then we will execute trade here.
PowerPool bull run don’t miss out?!!👀 CVP Today Analysis💎It has recently experienced a structural shift. Previously, the price demonstrated a consistent pattern of holding strong support levels.
💎 The latest price action suggests a break from this pattern, potentially signaling a change in market dynamics. Currently, CVP is maintaining a strong stance above the Exponential Moving Average 50.
💎 This sustained position indicates positive momentum and potential bullish sentiment.The high trading volume observed in conjunction with the recent price movement can be seen as a positive indicator.
💎 In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey.
PowerPool (CVP)On the above 8-day chart price action has corrected over 90% since February 2021. Now is a good opportunity to go long. Why?
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout.
3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 80 day period. The divergence is also found on the BTC pair.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.