#CVX The price is moving in a descending channel on a 4-hour frame Supported by the breakout of the Moving Average 100 and bullish momentum It is expected that this descending channel will be broken upward Current price 3.36 First goal 3.42 Second goal 3.56 Third HDQ 3.73 Fourth HDQ 3.88
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CVX is very bullish in our view. A large diametric is finished. CVX is expected to pump more soon. Note that the wave that CVX is in now is very valuable. We have a flip zone on the chart, as long as this zone is maintained, the targets specified on the chart are available. Closing a daily candle below the flip zone will violate the analysis For risk...
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#CVX On a 4-hour frame, a perfect head and shoulders pattern We are about to break the right shoulder higher We have strong upward momentum that the price is expected to continue rising Entry price 3.024 First goal 3.08 Second goal 3.188 Third goal 3.287
#CVX The price is moving in a descending triangle on the 4-hour frame We have oversold conditions on the MACD indicator We have a downtrend, and by breaking it, we have a good rise Current price 2.74 The first goal is 2.86 Second goal 3.04
. . . . . . This analysis is for educational purposes only and should not be considered financial advice. Trade responsibly with capital you can afford to lose.
I'm using the bars pattern tool to plot an example inverted H&S pattern recovery. A double bottom is present also, reinforcing this bullish assumption. After a small pullback CVX should look for new ATH's.
Interacting with the neckline breakout could happen at any time Good Luck.
💎 Paradisers, gear up for a potential bullish wave in CVXUSDT as it currently navigates a critical supply zone, showing signs of a possible breakout. 💎Tracing its historical path, CVXUSDT has consistently demonstrated a knack for breaking above its descending trendline, leading to upward trends. Currently, as it retests the supply level at 3.843, the odds are...
Based on the provided market data, the CVX currency is currently trading at 3.713 USDT. This is above the Bollinger Band (BB) 4-hour and 1-day values of 3.695 and 3.676 respectively, suggesting the currency is currently overbought. This is also supported by the Relative Strength Index (RSI) values for 4-hour and 1-day which are 67.66 and 81.28 respectively. RSI...
CVX looks bullish. I was checking the waves of this symbol when I noticed that a large diametric has formed on the chart. Wave E is over and now we are in wave F. By maintaining the green zone, CVX can move higher. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to...
💎The #CVXUSDT chart is currently painting a fascinating narrative, reminiscent of the classic Elliot Wave theory. Since the dawn of this year, the asset has witnessed a consistent dip. Between February and August, #CVX plummeted by a staggering 66.6%, leaving investors pondering about its future prospects. 💎However, there's a silver lining for the optimists. A...