Analysis of the $CLV coin based on indicators on a 1-hour frame as requested by one of the followers 💚
1. Unfortunately, the trend is bearish. The summary is as follows 👇🏼
2. Support and resistance points:
Support points:
First support: 0.0643 (level close to the current price).
Second support: 0.06367 (stronger support)
Third support; 0.0629 (distant but strong support)
Resistance points:
First resistance: 0.06551 (first level to be surpassed)
Second resistance: 0.06668 (intermediate resistance close to the Ichimoku cloud)
Third and strongest resistance: (0.0673)-(0.0670)
3 Buy and sell points
Sell: (0.0643) if the support is broken
Buy: (0.065) if the trading volume increases with confirmation of a bullish candle
3 Take profits
At the first resistance: 0.0651
At the second resistance: 0.0666
4 Stop loss
Stop loss when broken: 0.0636
Advice: Do not enter a buy deal now unless there is
1 Correction from the Adx indicators
2 Positive intersection at the macd
3 RSI drops to 40 to add momentum Buy
4 Current price rises above Ichimoku cloud