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...
Not much to be said other than it looks like DNT before its previous breakout. Both DNT & CVC look very good and like MANA are some of the coins that are on Coinbase but not Coinbase PRO. Maybe they'll get on PRO soon?
s3.tradingview.com
Red zones are heavy support zones. Green zones are next legs up and resistance areas. We want to see price discovery in the blue zone. After a relatively bloody day for mostly all of the crypto realm on Friday 1/8/21 we are seeing CVC gather itself into a consolidation pattern. Positives is that CVC really didn’t fall to far down from its recent high showing...
💎Technical Analysis Summary💎
BINANCE: CVCBTC
-The 4hr candle closes with a bearish rejection sign
-The price still at the support area which is good in the short term
-But if the area failed in the next few hours
-There is no strong support until 373s sat level
-Please be cautious if you are holding a position
-Always follow your stop loss location
A big...
Hello traders,
First of all, altough this is a long position, we need to wait for it's entry and the bottom of the descending wedge, i believe this pattern will breakup to upside guaranteeing a profit of 10-30% for us.
Have some nice trades today.
Hello traders,
CVC-USD has been having huge volume past days, and we are waiting for a good entry to enjoy the profits to come.
We maker two major supports on the chart for the CVC, in which the last one being the perfect entry with the most risk reward ratio.
Trade with caution.
Enjoy
CVC/BTC
-Civic is starting to break the trendline resistance
-This is a Bullish sign in the mid-term
-The price is also trading above the 200D MA
-The local support is located around 320 sat
-This is an important level to hold for the following week
-If we want to see a strong upside continuation
-300 sat level must hold and see follow-through
-Upside scenario is...
CVC/BTC
CVC is quite looking bullish on this falling channel pattern. The RSI is painting strong bullish momentum and we have 2 consecutive bullish candles today.
If the price can't break above this trend-line resistance, I'm seeing a potential minor pullback to key support area and attempt to retest the previous High or change the daily trend.
Priceline of world's 173 ranked cryptocurrency Insolar Civic (CVC) has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B...
