Luiserebii
Long

Civic (CVC) Ready for Breakout?

BITTREX:CVCBTC   Civic / Bitcoin
Civic is looking very bullish on the 8-hour chart with some consolidation occurring just after a recent breakout - this is a well-formed bullish pennant , and if you combine this with the current pressure on the ascending channel (see earlier idea, https://www.tradingview.com/chart/CVCBTC/2YwW2hDG-Civic-Ascending-Channel-Great-for-Consistent-20-25-Profit/), there is high possibility of an incoming breakout upwards, starting with the break of the channel, and continuing onwards to around 12000 satoshis.

Entering at confirmation of the channel around 8200 satoshis will net you at least 40% profit, 70% for those who buy at the lower end of the channel. Although this movement is largely dependent on where CVC             goes from here, I genuinely believe Civic is primed for breakout. Trade with care, and happy trading to all.
Trade active: Civic is bursting upwards! Confirmed breakout.
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