CVP is actually a pump-dump coin. It constantly has flash pumps and that is something that we should not ignore.
In the upcoming trend, CVP is forming a Bump & Run pattern and its target is $0.2 zone.
However, with a pump-dump coin, it is possible to accumulate at support areas and wait for flash pumps. The support areas where the flash pump can appear are the $0.35, $0.30 and $0.0.2 zones.
However, to avoid losing profits in flash pumps, you should place sell orders and consider canceling orders so that you can sell reasonably when flash pumps happen.
In the upcoming trend, CVP is forming a Bump & Run pattern and its target is $0.2 zone.
However, with a pump-dump coin, it is possible to accumulate at support areas and wait for flash pumps. The support areas where the flash pump can appear are the $0.35, $0.30 and $0.0.2 zones.
However, to avoid losing profits in flash pumps, you should place sell orders and consider canceling orders so that you can sell reasonably when flash pumps happen.