Covalent

Price
$0.122358
inf BTC
Change: Percent change
$-0.000857 -0.70%

Supply:
Total Supply:
1,000,000,000
Market Cap:
$0
Market Rank:
Outside 300
Volume Rank:
1038



Covalent Strength

Currently is inline with the market while the market is ranging


Algos Signalling


Reduce

Confidence

Covalent Outlook


Covalent CB RSI


No significant Divergence

RSI is a momentum based instrument. RSI has a scale of 0 and 100. An asset is considered in overbought territory when above 80 and oversold when below 20 It can be used for general trend identification or to anticipate price movement following divergences.



Covalent CB Ichimoku


Price is within the cloud

Ichimoku Cloud is a package of technical indicators that signal support, resistance, market momentum & trend. Trends are high when price is above the cloud, weak when price is below the cloud, or ranging when price is within the cloud The CB Ichimoku indicates how big the cloud body is & if it is bullish or bearish



Covalent CB MFI


No significant Divergence

The Money Flow Index is similar to The Relative Strength Index. It measures momentum with the addition of volume An asset is considered in overbought territory when above 80 and oversold when below 20 It can be used for general trend identification or to anticipate price movement following divergences.



Covalent CB PVT


No significant Divergence

Price Volume Trend is used to measure momentum or buying and selling pressure. The basic theory behind the Price Volume Trend indicator is that volume precedes price & can be used for general trend identification or to anticipate price movement following divergences.




Covalent

Neutral
Doji
Neutral
Strong
Bearish
Doji
Neutral
Neutral


In the short term the Candle pattern suggests the potential for a move down




Covalent Price Changes


1 Hr 7 Day 30 Day 1 Year
0.59% -4.45% -23.70% -16.99%

Covalent Market Data


Open 24 hr High 24 hr Low ATH
$0.12 $0.25 $0.18 $2.09

Covalent Levels of Interest


Band Low Band High Resistance Target
$0.10 $0.14 $0.12 $0.17

Moving Averages


3 Day 10 Day 21 Day 50 Day
$0.12 $0.12 $0.13 $0.15

Macro Targets for Covalent


1st target 2nd Target 3rd Target 4th Target
$0.12 $0.13 $0.13 $0.22


Covalent Modelled Forecast


The Blue forecast line is the algo generated med to long Forecast potential price
If price exceeds the resistance zone(red) while the forecast is declining or is below price a correction is possible
If price exceeds the resistance zone(red) & is already above the forecast it is likely price will gravitate down towards the forecast
The range support zone is indicated in green


Covalent Dollar cost average


($50 invested weekly after a year)

Invested Current value Profit Holdings

$2650

$3084.77

16.41%

25210.99 CQT

DCA is investing a sum weekly consistently, a set it and forget it strategy. No stress, No Timing, No emotion


WARNING:
continuing to invest in an asset that is in a sustained downtrend could increase your losses significantly.
Do your own research before investing & seek proper financial advice from someone legally entitled to provide it.





Date Type Price Holding Balance
Start balance $10,000
May 7 BUY 0.1409 70972.3208 $0
May 8 SELL 0.1302 0 $9240.6
May 14 BUY 0.1276 72418.4953 $0
May 16 SELL 0.1327 0 $9609.93
May 17 BUY 0.138 69637.1739 $0
May 20 SELL 0.1286 0 $8955.34


Current Value = $8,955.34
Profit = -10.45 %


Trade Now

Do you Hold Covalent ?



Covalent
Moon Mission
(44% of the journey)






Ticket price $0.27




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