BITTREX:CVCBTC The short-period MA line(30) in black just crossed the mid-period MA line (50),furthermore the long-period MA line in red..show a continuos uptrend. I'm a rookie atm, that's jst my opinion.
CVCBTC was moving in down trend. You can see main trend lines at graphic. It tested second time its important support point at 0.00010663. It returned from this support line. If it can broken up line of its down trend (A) it might change its down trends to horizontal trend between 0.00010663 - 0.00012901 . Do not forget use 0.00010663 as Stop loss.
We are forming a potential H&S pattern here. If it breaks 10,5k it should confirm the pattern and could continue higher.
Due to the chinese selloff the whole market dumped, which i see as a great chance to get in. Everything depends on Bitcoin now, so you may watch btc moves first. I personally dont see the market dump alot more, and we should see a breakout in civic the next 3 days But bids between 8500-9200 sats and be happy if it gets filled. Put a stoploss in case other news...
If Civic follows the course I see, it will continue to rise up either slowly following resistance and support lines or more likely it will see a sharp rise and drop on it's way back up. Either way, I'd like to see it retrace to .0002 over the next few days barring a btc moon
Decisive area but low volumes, quite similar for all alts, we'll see if it holds or if the bear trends continue. Anyway, long term outlook is bullish.
some trader suggest to BUY this CVCBTC in my opinion this CVCBTC is in unknown path so I'm not recommend to buy or sell this one But you guys can have other opinion if you see signal of BUY or SELL maybe let me know Thanks
It does look nice indeed
CVC is close breaking out of the triangle as seen on the chart as well as on the 3 hour RSI. After this look for it to test the support at around .00018 and then correct back down the strong support line. It will then look break its ATH and then eventually correct back down to its strong support line.
Currently closer to the bottom part of the range, so it could be an interesting entry. Hard to tell what will happen next, I would favor another move up because of fundamentals and relatively low market cap compared to many others. Time will tell.
See Notes on chart.... What do you guys think
There is a cup and handle forming on CVC that is also in line with its support line at .00055.
Rads is the embodiment of a "sleeping giant". It mainly competes with factom and civic, but has a market cap 10x less (just 15 million). It has a low supply and a low inflation rate. Many of you have not heard of Rads... this is a good thing. Technically, it is sitting on VPVR support (a major demand zone), and it has seen significant downside. Sellers should...
Either way I am fine with it. I like this idea.