Technical analysis by CryptoStation about Symbol CVP: Buy recommendation (7/26/2022)

CVP is actually a pump-dump coin. It constantly has flash pumps and that is something that we should not ignore.In the upcoming trend, CVP is forming a Bump & Run pattern and its target is $0.2 zone.However, with a pump-dump coin, it is possible to accumulate at support areas and wait for flash pumps. The support areas where the flash pump can appear are the $0.35, $0.30 and $0.0.2 zones.However, to avoid losing profits in flash pumps, you should place sell orders and consider canceling orders so that you can sell reasonably when flash pumps happen.