Clover Finance (CLV) is a blockchain-based operating system. It provides a universal, easy-to-use blockchain infrastructure and Ethereum Virtual Machine (EVM) compatible solutions for Substrate-based applications. Clover Finance, another brainchild of the Substrate-based Polkadot $DOT parachain, aims to bridge the compatibility gap when creating and operating across blockchains. The project was founded in May 2020, and the Clover Finance mainnet launched in July 2021.
🛠 What about technical analysis?
The coin was listed on major exchanges during the height of the 2022 bear market. From historical highs, the coin fell by -98%. Starting from May 2023 A large volume began to enter the coin. On the weekly time frame, the RSI has already entered the overbought zone (85), but this is normal for a bull market. Short-term correction risks are high, but the upside potential is very high. At the moment there are 2 strong support levels: $0.046 and $0.085 - these levels will only be tested in case of severe stress in the market.
It makes no sense to place a stop on a trade, since it can be easily taken away; enter the trade with a reasonable volume.
💼 Buying Clover for a medium-term portfolio.
🔎 Ticker: $CLV
✳️ Entry price: $0.11
🛡Stop loss: it is better to take a deal without a stop in investment
💼 Volume per transaction: up to 2% of the crypto portfolio.
🎯 Objectives:
$0.24 (in the coming months);
$0.66 (until the end of September 2024)
$2 (until the end of 2024)
📈 Transaction growth potential: up to 1500%
A medium-term portfolio will outperform any trading strategy in terms of profitability, so I carefully assemble my portfolio. In it I bet on crypto, raw materials and metals. There are a bunch of new ideas with great potential ahead, subscribe 🚀
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