Someone know something I don't? A considerable amount of volume is pouring into this altcoin, for whatever reason I don't know.
This 4-day chart shows price action diverging with the RSI + volume = very bullish
CVC showing short term Cycles refer to Red/Green triangles as current cycles
As well as a massive harmonic pattern forming
CVC aiming to retrace last highs of ~13 Cents
Ive Been accumulating at the ~ 5 cent zone for some time now
Long position has been put in for me
Could definitely see Civic moving lower to form Inverse HS before that ever happens though. ...
The bottom is speculative on this one as we en-trope on entering new lows.
Holding 5 cent levels strong ATM which will act as an even stronger support on its way back up.
NOT AN EXPERT DISCLAIMER.
The Civic team has been performing well as of Q1 2019 could see an overall turn around by 2021
Speculative at this point.
Keep in mind this asset has been continually...
An asymmetric triangle is shown with a decrease of volume.
The bullish trend line has been supported three times.
As CVC price is at the edge of the asymmetric triangle pattern, it could be a time to go bullish.
Losing the resistance level would be a sign for SL.
Trading Setup
Green - EP
SkyBlue - TP
Red - SL
Public Telegram Ch
After Civic has found the bottom at $0.15, price went up and broke above the downtrend trendline, reaching $0.21 high. Then price went down hitting 78.6% Fibonacci retracement level support at $0.16, which has been rejected along with the uptrend trendline.
The next wave up resulted in a new higher high and break above the 50 Moving Average, suggesting that the...
Log chart shows a nice pattern where we could see a jump as high as $3.60. Of course the market could change and not pump this high but this is something to keep aware of!
There's similar ones out there to this. I changed the commonly used 100 to 128 since I've found it more in tune with BTCUSD
I also have the colors:
Gray for the 20 MA
Blue for the 50
Lime for the 128
Red for the 200
Stock is SMA, If you prefer to use Exponential you can check the box in the settings
...I more often use the SMA
Civic has bottomed. I have been waiting to buy at a good price for 6 months and we are finally in a zone where I am comfortable exchanging my btc.
Buy them when they're sleeping, sell them when they're leaping.
Disclosure: I do not buy any altcoins that do not have what I believe are extremely strong fundamentals. That means I do my research on the team, tech,...
