Clover Finance vs Bitcoin | Price Action Explained (222% Pot.)

10 сент.

My dear supporter, I have another chart that is looking really good for you. Let's dive into the price action, how everything is unraveling and what to expect.

We are looking at Clover Finance vs Bitcoin (CLVBTC) on the daily timeframe.

We can see strong bullish action in late 2023 and early 2024. A clear support level was established during this period, marked here with a blue line.

This support level fails in June 2024, the market is looking for liquidity; the vary famous stop-loss hunt.

A low was set in early August and a cup pattern starts to form. The cup pattern or rounded bottom is the most common reversal signal in this cycle in the Cryptocurrency market.

The break below support and liquidity hunt is followed by a strong recovery and bullish growth.

We can expect a bullish wave to develop next. The targets on the chart are meant to be hit short- to mid-term, within 1-3 months.

This is just one more of hundreds of pairs that are looking strong; ready to grow.

Once we hit bottom, the only place left to go is up.

This one already hit bottom... It is time to grow.

Thanks a lot for your support.

Namaste.