cryptoniter

Civic long - BB squeeze and symmetrical triangle

Long
cryptoniter Updated   
BITTREX:CVCBTC   None
I'm taking a look at civic:

I'm seeing a symmetrical triangle which is bullish if it breaks out the resistance.
Strong RSI, above 50 at least.
Bollinger Band squeeze which indicates a breakout as well. Better view on the 1h chart: Descending volume since the last 'pump'. The same thing might happen on this breakout.

The first target is around the 0.5 fib, which fits the symm triangle target, but I wouldn't be surprised if we hit the last ATH on the breakout.

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Trade active:
It broke out of the resistance but not very convincingly. I think we might go for another try.

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