Get started
Short

CVC flag continues

By n0rt
Updated
CVC is not going to break now because BTC has bearish divergence and this chart is symmetrical to BTC. Target ~10700 0.236 fibolevel. Will buy right there.
Note
im guessing we are gonna hit that resistance right now with btc's reversal head & shoulders and go to 17600. failed
Note
seems we are really going to grow up today. Im waiting CVC on exiting bullish pennant and pushing to at least ~17600 first target with growing btc.
be ready
Trade active
touched 0.236
Trade active
touching top of flag. breakout possible with BTC breaking 4380 resistance (bitfinex)
Note
im thinking to close this trade on correction. Without any positive things about BTC we are not going to break that flag. expecting BTC to go to 3780 today or tomorrow. That will allow to rebuy at least lower. Expecting bounce from 3780 and then falling to at least 3400 (check my btc idea) at the end of this week.
Chart PatternsTechnical Indicators
n0rt

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.