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CVXUSDT Perpetual Contract

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CVXUSDT.P trade ideas

CVXUSDT : Cup & Handle Pattern Can X4Hi Traders, Investors and Speculators of the Charts 📈📉 CVXUSDT is another altcoin with massive upside potential. Infact, after consolidating for such an extended period, a parabolic move to the upside is very possible. In the chart, I've pointed out 3 take profit zones based on candle wicks (supply zone and demand zone) , but you can always add more TP points depending on your trading strategy and your patience. The 0.618 Fibonacci Retracement is always a very likely target during any bull market, therefore that would be my ultimate target for this season. I'm not using any technical indicators today, as I am doing a longer term outlook on CVX. I believe there is an important balance between trend line analysis / chart analysis / chart patterns , and technical indicator analysis. I find that trend analysis ( trend lines , Fibonacci Retracement , patterns , support zone and resistance zone ) is really helpful for longer term, whilst technical indicators can be very useful for the shorter term. Here's my bullish outlook on Bitcoin 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
34
CVXUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for CVXUSDT You see that R2 and R1 are the resistance areas which express the disability of the price to rise. And S1 and S2 are the support areas that contain the well support of price since the past. Presently, we have the price fluctuating over R1 and we expect two scenarios to happen here. Either the price will have some rising signs for us and we predict an increase for it up to R2. Or we will receive some falling signs at this point and a decline is waiting for the price. It is recommended to activate your stop-loss in order to have less risky trades. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals