CVC/BTC (Trendline Resistance Break?)
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 up to 588 sat
-Bearish side, if daily candle close below 200MA
-It will invalidate all Bullish bias setups
-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 up to 588 sat
-Bearish side, if daily candle close below 200MA
-It will invalidate all Bullish bias setups
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