#CVX/USDT AnalysisNYSE:CVX is consolidating, with expectations of a 50% wick-fill before buy-side liquidity is taken.
💡 Key levels to watch:
🔹 Resistance: PWH $6.975
🔹 Support: PMH $3.837
✨ Trendline alignment adds confluence.
CVXUSDT trade ideas
cvxThis has been in a downtrend and has made a sharp move. Now if it wants to rest, if the green box is not broken, it can be retested for higher points, but if it is broken, it will be retested at the next points.
CVX Keep it Simple Stupid Levels based on Volume ProfileSupport and Resistance areas based on volume profile simplified for visuals
CVXUSDTWe can attempt to buy CVXUSDT from specified level as it make HL , also 0.618 FIB level intact indicate that it moves upward.
SL , TP mention in chart.
Bored, made some colorsTest post to show pretty colors. Showing Fib retracement from the lows and also from the impulse move.
CVXUSDT (ConvexFinance) Updated till 01-12-24CVXUSDT (ConvexFinance) Daily timeframe range. PA moving very nicely till now . still long way to go and it can if retail interest keeps up. very close to 5.479 a little bit push can break through. it can take a cooldown but staying above 3.540 is optimal.
#CVX/USDT#CVX
The price is moving in a downward channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.50
Entry price 1.71
First target 1.87
Second target 2.20
Third target 2.55
Keep an eye on the #CVX/USDT Diagonal Trendline in Daily TF!Keep an eye on the #CVX/USDT Diagonal Trendline in Daily TF!
NYSE:CVX needs to clear the Trendline to turn bullish. The local resistance level is PWH $2.025 and the support level is PWL $1.756.
CVX Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
CVX recently hit its all-time low at $1.80, where the support trendline is holding the price. The chart shows an expanding triangle pattern, while the RSI is forming a bullish divergence, suggesting that the price may accelerate toward the resistance trendline.
Key levels:
- Support/Accumulation: $1.6 to CMP.
- Resistance/Target: $4.
- Higher Target: $7.5.
DYOR, NFA.
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Cvx / UsdtBINANCE:CVXUSDT
SEED_DONKEYDAN_MARKET_CAP:VGX
✅Price Cmp
Or 0.48
🎉Target : 0.51 , 0.53 , 0.56
Long Term : 0.61, 0.63 , 0.65
Stop loss : Use Your Own Way 13%
Disclaimer : I am Not Financial Advisor
Long CVXI expect a small correction of this asset and a continuation of the movement to the upper limit
CVXUSDT(Convex Finance) Daily tf Range Updated till 30-07-24CVXUSDT(Convex Finance) Daily timeframe range. its on Monitoring state at binance so gotta trade it carefully. now reached very close to 3.649. above it is not that positioned packed zone, depend on retail interest whether it picks up. recent retrace point at 2.731.
CVX/USDT NEW INCREASE VOLUMEThe last data shows that CVX/USDT has a good chance to create a new volume in the coming time frames, we will follow up to see if this coin is able to have confirmation in the coming time frames.
CVX/USD has a history of breakdown trends, we will follow the coin to see if this is the reversal trend.
CVX Update — Ongoing Downtrend, But Signs Of Hope!CVX was hyped massively when it pumped like crazy one month ago. However, it equalized the entire pump just a couple of days later.
Yesterday, we saw another big green candle. Immediately, you found tons of moon posts.
With this post, I want to provide an unbiased picture about CVX and answer the questions about why I won't take trades on higher timeframes yet but will have a closer look at lower timeframes.
Let's dive in!
When checking the CVX chart, you have to keep a close eye on three essential areas.
First, there's the long-term downtrend. This trendline started in 2022 and is essential for long-term trades. If the price is below this trend, I don't consider long trades on higher timeframes.
Besides, we have resistance at ~4.2 and resistance at $3. Currently, CVX is trying to break above the $3 resistance. The first step is a close above and confirmation on the daily chart.
A trade setup aiming for the 4.2 target can make sense if this happens. However, this has to be evaluated in detail at that time. However, CVX was rejected and dived below the resistance at the time of writing.
Summarized
- For long-term entries, watch the downtrend line. Don't enter before the trend has broken.
- Short-term setups can try to trade the area between 3-4.2 once the 3-resistance has been climbed and confirmed.
Three black crows on CVX, toward 2.604 ?There is a "three black crows" japanese candlestick pattern in the 4h timeframe.
I think that the price could go down to 2.604 because of that.
My scanner detected that :
CVX/USDT (BINANCE:CVXUSDT) Timeframe: 4h, Number of candles: 4, Pattern detected: Three Black Crows
Detected on candle: 2024-07-24 04:00:00
Current price: 2.7980, Current candle evolution: 0.54%
Pattern confirmation: Current price confirms the Three Black Crows pattern.
CVX making HH and HL in 1Hour CVX looking Bullish, It has been making HH and HL in 1 hour Chart.
I see it bullish as per the analysis
CVXUSDTWe can attempt to buy CVXUSDT from specified level as it make HL , also 0.5 FIB level intact indicate that it moves upward.
SL , TP mention in chart.
#CVX/USDT#CVX
The price is moving within a descending channel pattern on the 12-hour frame, which is a retracement pattern
We have a bounce from a green support area at 2.12
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price 2.26
First target 2.46
Second goal 2.73
Third goal 3.03
This is the beginningI think this is just the beginning, CVX is about to explode. my target is new ATH for this coin. the example is TRB
Positive divergenceCVX is showing a significant trend alongside positive divergence. The price is currently moving above a strong trendline, which has been tested multiple times, indicating a robust support level. The positive divergence in the RSI suggests that the bearish momentum is weakening, and there is potential for upward movement.
Short squeeze loading 2.0Spotted another candidate for a nice squeeze :) However, I am not as convinced as I was with TRB, because this is probably the worst shitcoin ever, I don't even know what it does but anyway, the setup is there.
Once BTC finds a bottom around 60-61k and goes up again, CVX could see a nice run, maybe 100%. BUT if BTC fails to hold 60k for whatever reason, I'm not giving this a high chance of squeezing, it could just break below current levels and drop another 90%.
Stay safe!
