UBRPANK

Civic Summer Is Coming

POLONIEX:CVCBTC   Civic / Bitcoin
As we can see on a graph:

1. Sharp red candle + big volume = psychological break in minds of small long term holders
2. Touching support multiple times
3. RSI divergence
4. Break out of bear trend (LOOKING FOR)
5. Higher lows, possible inverse head and shoulders (LOOKING FOR)


+ upcoming news = signal for bull trend


Comment: Support was broken.

Lesson: Always use stop loss.

Traders: 5% bellow support line
Gamblers: 10% bellow support line

Reason: BTC on downfall.

Comments

update?
Reply
it will follow BTC. but if the bearish trend is over, will civic resume it's breakout? or will it consolidate again?
Reply
What is upcoming news ?
Reply