CVC has successfully broken a triangle pattern to the downside and the pullback was successful. Now it's on a downtrend, a strong support at 0.7115 will make it bounce on this level. What makes it move in a falling wedge. after this correction, I'm expecting a breakout of this falling wedge upward to a main resistance at 0.1197
CVCBTC is already recovering after a massive run.
We don't really know what exactly we are witnessing here...
Is it just a "pump & dump"?
Is this a new normal?
Are the altcoins preparing for their next bull run?
Here we have Civic with the highest volume ever and plenty, plenty of room for additional growth.
In fact, we...
CVC is an alcoin that was breathed into life in mid-2017 with the help of ICO.
The maximum value reached $1.66 at the end of December 2017.
During 2018 the cost fell continuously.
And for the last two years, CVC was just lying at the bottom in the range from $0.01 to $0.09, no one needed it, in a deep sleep.
And suddenly, the sleeping beauty was awakened...
EngineeringRobo and I are fully bearish on CVC at the moment
If you are holding CVC, now would be a good time to sell with the Sell 1 signal being present.
If you are interested in buying CVC your options are:
- Buy with EngineeringRobo buy signals
- You can buy at the 0.0166 support level.
- You can buy if the 0.0285 turns into the support level if the candles...
Here I am looking at the potential target for Civic (CVCBTC) on the next bullish move.
We have a bullish chart in general and the market is in a bullish cycle...
We continue to see the altcoins printing higher highs and higher lows.
CVCBTC printed a lower low on the 26-Aug. wick compared to 14-Jan...
But this is only based on the candlewick/shadow, when we...
Based on my analysis and my indicators, EngineeringRobo, we should buy now. Our next target( resistance line) is $0.04190 and the support line is $0.03422.
I already bought it and i wait min 18% benefit
Civic (CVCBTC) is now ready for action... Patience is key.
Prices are now moving above the EMA200 brown line... Which is a very strong signal if the day closes above this level.
We focus mainly on candlestick reading and candle closure is needed for signal confirmation.
With a strong chart and signals... We can easily predict what will happen next.
Take a look...