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...
CVC look pretty good at day timeframe, but 4 hours show it might pullback from current resistance zone it is testing now. So there are two scenarios. Either pullback, and then buy zone should be around 0.01825, or breakout to 0.02277, and than buy zone should be on pullback to current resistance 0.0208, that will become new support.
Targets for future growth:...
Priceline of Civic / US Dollar has formed a bullish Butterfly pattern and entered in potential reversal zone.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.02865 to 0.02343
Sell between: 0.03270 to 0.04251
Regards,
Atif Akbar (moon333)
as shown in chart CVC/USDT is testing the resistance and wants to do outer pullback
but if it cant go through we expect to go down through the first (not weak and not strong) support
Good day traders. I began scaling into CVC this morning around $0.075 because the 15 MA is crossing the 30 MA from below. The momentum is rising and positive. All this means its time to buy!
Green arrows indicate long opportunities and red arrows mean "you should have sold already"!
Simple but effective edge for alt coins but will give false signals so I set S/L...
