CLV Breakout Potential! 📈 Keep an Eye on This Bullish Setup!💎 CLV has recently broken above a resistant trendline, indicating the potential for a bullish move if the price breaks out above the neckline of an inverse head and shoulders pattern.
💎Should CLVUSDT break above the neckline or resistant level, we can anticipate targets up to the subsequent resistant levels. In the event of a pullback, we can expect a bounce from the support area, with confirmation ideally coming from bullish candlestick patterns.
💎However, should the price break below the support level, it would be prudent to refrain from taking action in that scenario and instead wait for clearer price action to develop.
CLVUSDT
Accumulation Phase then Big move will happen | Long BiasOn 4H TF
CLV is in #FallingWedge and moving down to lower line of the pattern
So I think CLV will be explosive after breakout of falling wedge
Wait for true breakout and retest to catch this trend
Time will tell
On the support right now | Long BiasOn day chart
CLV is on the support zone now
It will come back to Bullish trend soon
Wait for rejection around this level to zone
Time will tell