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...
Kindly like the ideas if it is helping you and leave a comment
It has good growth potential in the medium term
Line 240 is the Fibonacci Support and the market can grow after hitting it
If line 240 is broken, the market will be dumped to line 200
in the chart:
Targets: 320 . 360 . under 400
Traders, if you liked...
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please...
The alt market is looking better and better and today we will look at CVCBTC.
CVCBTC is setting higher highs and lower lows and is trading in an upward moving triangle.
After consolidation It is expected that cvc will move towards the top of the triangle coming month which will make an easy 60%.
-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...
Just like DNT (district0x), Civic looks keen to reverse with similar structure.
It is very likely to have a breakout of the resistance line and completion of the inverse head and shoulders.
The best way to trade it is to place a stop buy and ride the way up.
Just an idea, check out my previous posts!