CVX (CVX)

$CVX. Weekly with Bollinger Bands. Notice how price has been consolidating under the moving average while the band narrows? Would like to see more narrowing, and price burst up above the moving average and hold it. Notice that the last two bursts above came right back down and could not hold the average. $CVX looks further along in the process of finding a range than its peer, $CRV. If history is guide... should give us an early indication of what might happen with $CRV.

I just entered a LONG setup on CVX with a risk to reward ratio of around 1:6. The reason this is a valid trade setup is because this is one of the few pairs that maintained 4-hour bullish structure, so this is a typical 4-hour bullish structure discount pullback entry. There are a swing failure pattern and bullish divergence up to the 2-hour timeframe for the trigger. It's risky for those who can't handle taking losses and don't understand probabilities but a no brainer for any experienced trader who knows taking a setup like this every time will result in long term profitability as long as it wins 15% or more of the time.

Yup, $CVX also right in the target zone. Pretty much every alt I usually cover has hit its target zone, now it’s just up to daddy $BTC to hold its ground and give them a chance to move up off of these zones 😤

Guys I think my long-form article might be getting too long-form $CVX https://t.co/bOGk2yGIu9

That is ~2% of the entire $CVX supply. His approximate yield (assuming price doesn't move up at all) if he locks for a year is approximately $1,000,000. But if we are in a bullish market environment over the next year? He could recoup his entire $4,000,000 investment in as little as 6-12 months. My new article on $CVX which will be released next week will break it all down and show you how this is possible- not just for him, but for anyone.

I like to think my recent educational content on $CVX yields played a role in this. If you need help with staking and/or locking, I break it down with a step by step tutorial here: Convex Finance: How To Earn Double Digit Yield On Your CVX Tokens https://t.co/hwfvLCvVC9

$CVX chart looks pretty clean atm- I think we are headed to $3 on LTF but first we may get a little clean up of the local lows with a push into the green zone. https://t.co/O84RDvAnC9

$CVX These are the key levels I'm closely watching right now: November 2024 demand zone (gray area), local accumulation range and pre-10/10 supply zone. Price remains trapped inside the local range, where the mid-level is currently acting as support. We've seen 3 attempts to break above the range high so far (it weakens with each attempt) and I expect price to eventually break it at some point and target the pre-10/10 supply zone for a potential retest. #ConvexFinance

Me right now aggressively working on a new article for the 4th straight day for the $CVX fam 😤 Will be released next week so keep an eye out... https://t.co/pwtONVgdiH