benjihyam

CVC longer term view $1.70-$2.31?

Long
BINANCE:CVCUSD   Civic / US Dollar (calculated by TradingView)
Civic looks to be forming an ascending triangle .

It's either already bottomed, or should find support again in the $.22-.25 region. After that, I think we'll resume the uptrend with a final price target of $1.70-$2.31 sometime between July-September (however, I think most probable scenario is target will be hit in either July/August).

Key dates and support/resistance levels on the chart.

Price needs to close above .49 on higher timeframes for the bullish trend to resume.

View in log for longer term perspective.