Luiserebii
Long

Civic Ascending Channel (Great for Consistent 20-25% Profit)

BITTREX:CVCBTC   Civic / Bitcoin
Civic is showing a strong ascending channel here as we continue to rise, with a potential of 25% gain in buying from the lows and selling the highs. Furthermore, this coin is quite bullish right now, so entry points along the channel are ideal, since breaking upwards from the channel are very likely at this time. Excellent coin for consistent profit, trade wisely!

Comment: Long-term consolidation seems to be kicking in, see:
Why did the channel fail, and any update?
Reply
Luiserebii fkashem1986
@fkashem1986, Sure! The lines are a little tight, so perhaps I could have made them wider to better show the general areas of movement - as of now, it is my opinion that Civic is gearing up for some sort of great movement, most likely a breakout. On the smaller scale, if we look at the resistance trend line over the past few days, we can see a kind of descending triangle forming, and, on the wider scale, a bullish pennant can be seen, see:
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