Price has recently had a break out of the daily MA cloud, and then a retrace and bounce off of it. The daily candles are indicating good momentum to the upside. Opening up positions based on daily price action and Stoch RSI.
Civic may be on the verge of a breakout. Moving average just crossed over. awaiting volume to confirm breakout.
one of the few alts to not have a had a significant pump in the last few days
CVC has broken up the downtrend channel. MACD is crossing up and RSI moving higher. I think Wave 2 (correction wave) is over and we are now starting wave 3.
Buy CVCBTC it going to Moon
Buy @ cmp 0.00006685 with SL @ 0.00005211
Targets mentioned on chart
Quick gain means 15-20% tgt and more targets with trailing sl...
This is my view of CVC as a complete noob to the markets, I have the tragets shown in the chart, and see an ascending trianglehoping hoping that it will break out upwards to the set targets, or it could go either way following the lines set by the triangle.
Fedback is apreaciated as i said im new to this.
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,...
