Hi all,
My CVC/USDT was activated tonight. After we saw manipulation at many coins yesterday, I think we have a nice entry for CVC/USDT.
Why do I see a buying opportunity?
- We had manipulation / fake breakouts before
- Bullish sentiment of crypto (I look at BTC and ETH as sentiment indicators)
- Candle rejected to close below .81, so there is a possible retest
- Price is in bigger support area
Always do your own research and use proper riskmanagement. Please share your thought on CVC/USDT
EDIT: My stop loss is a bit lower than in the chart
My CVC/USDT was activated tonight. After we saw manipulation at many coins yesterday, I think we have a nice entry for CVC/USDT.
Why do I see a buying opportunity?
- We had manipulation / fake breakouts before
- Bullish sentiment of crypto (I look at BTC and ETH as sentiment indicators)
- Candle rejected to close below .81, so there is a possible retest
- Price is in bigger support area
Always do your own research and use proper riskmanagement. Please share your thought on CVC/USDT
EDIT: My stop loss is a bit lower than in the chart
Comment:
Stoploss to .46 (around entry) trade is now riskfree