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CVX / TetherUS

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CVXUSDT trade ideas

✴️ Convex 1,2,3,4 Steps PatternConvex is doing good and we are going to look at it through the 1,2,3,4 Steps Pattern that I made up earlier. The pattern consist in four steps that have been repeating across the Altcoins market. #1) The initial bullish wave. #2) The first low after the initial bullish wave peaks and enter correction mode. #3) Is either a higher or lower low compared to March. Notice that Convex has a long-term higher low when comparing June (#3) to January when #1 started; a signal of strength. #4) Is the new bullish wave and also what we are expecting. Additional support for this signal is the huge increase in trading volume as #3 comes in. This pattern has been confirmed on the TOTAL index chart, Bitcoin, Waves and many other Altcoins. The reset should follow. Thank you for reading. Namaste.
Long
by MasterAnanda
CVXUSDT: -7% or -23% happen ?Disclaimer High Risk Investment Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form. A qualified professional should be consulted before making any financial decisions. -------------------------------------------------------------------------------------------------------------------
Short
by TraderBibres2003
Cvxusdt Breakout And retestCvxusdt CVX/USDT, ,has shown a symmetrical triangle pattern breakout and retest, which has been confirmed on the 4-hour time-frame. A symmetrical triangle is a chart pattern that typically forms when a security's price is consolidating, creating a series of higher lows and lower highs. This pattern indicates that the market is indecisive about the future direction of the asset. The confirmation of the pattern breakout and retest on the 4-hour time-frame suggests that CVX/USDT is likely to experience a significant price move in the near future. In this case, the breakout is bullish, indicating that prices are expected to move higher. As a result, traders may look to take a long position in the asset. Based on the breakout and retest pattern, we anticipate a 30-50% bullish move in the upcoming days. This implies that the price of CVX/USDT is expected to rise by 30-50% from its current level. However, it is important to note that trading always involves risk, and there is no guarantee that the price will move in the anticipated direction. In summary, based on the confirmed symmetrical triangle pattern breakout and retest on the 4-hour time-frame, traders may consider taking a long position in CVX/USDT, with an expectation of a 30-50% bullish move in the coming days. However, traders should always conduct their own analysis and risk management before entering any trade.
Long
by Crypto-By-Ghazi
Convex Finance (CVX) forming bullish Cypher for upto 21.50% moveHi dear friends, hope you are well and welcome to the new update on Convex Finance ( CVX ) with US Dollar pair. Previously we caught a nice trade of CVX as below: Now on a 4-hr time frame, CVX is about to complete the final leg of a bullish Cypher move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333