CRYPTO_EYE
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Bullish
#CVX
$CVX
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a bounce from the lower boundary of the descending channel. This support is at 2.30.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.
There is a major support area in green at 2.23, which represents a strong basis for the upside.
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We are in a consolidation trend above the 100 Moving Average.
Entry price: 2.41
First target: 2.46
Second target: 2.55
Third target: 2.65
Don't forget a simple thing: ease and capital.
When you reach your first target, save some money and then change your stop-loss order to an entry order.
#BinanceAlphaAlert #StopLossStrategies
$CVX
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a bounce from the lower boundary of the descending channel. This support is at 2.30.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.
There is a major support area in green at 2.23, which represents a strong basis for the upside.
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We are in a consolidation trend above the 100 Moving Average.
Entry price: 2.41
First target: 2.46
Second target: 2.55
Third target: 2.65
Don't forget a simple thing: ease and capital.
When you reach your first target, save some money and then change your stop-loss order to an entry order.
#BinanceAlphaAlert #StopLossStrategies
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