Since the early days of 2021 CVC has been residing inside a bullish triangle. I'm aware that there are some spikes here and there, but the general structure of the triangle remains intact.
Before entering this trade I strongly advise waiting until the upper resistance of the triangle has been broken on a higher time frame. If you're feeling confident about CVC being bullish you can enter already now.
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
Before entering this trade I strongly advise waiting until the upper resistance of the triangle has been broken on a higher time frame. If you're feeling confident about CVC being bullish you can enter already now.
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
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