Long

Civic (CVC) - Strong Altcoin (400%+ Earnings potential)

Updated
Civic (CVC) - Strong Altcoin (400%+ Earnings potential)

A very strong an famous coin, CIVIC (CVC) has reached bottom and looking for some fun.
So, let's trade!

** Buy in: 3200 - 3700

** Stop loss: 3090

** Targets:

(1) 7200
(2) 9600
(3) 11600
(4) 13500
(5) 16300
(6) 19800

Indicators:

- MACD positive divergence, crossover.
- RSI & STOCH trending upward.
- Bounce from bottom, small breakout.
- Short term (1) charts also shows potential.

P.S. This trade, like all trades, takes time to develop. Anywhere from 1 week to 80 weeks. Patience is key.

Trade active @ 3301

Message:

Today is the day, that I will win again.
Today is the day, you will enjoy another trade.
Today is the day, that we all share and play.
Today is the day, that I'll learn to wait. HOLD.

& Remember... YOU DESERVE THE BEST!

Namaste

This analysis is only possible thanks to Razorius.
He sent me a message telling me that this coin as ready for a good run.

Thanks!
Note
We just had a very strong breakout.
This coin is really strong, the guy that owns it is famous so it gets a lot of attention.

1H Chart:
snapshot
Note
Still good to buy into this coin. This is a very solid coin, so feel free to open a position "late".
Trade active
Unless we hit our stop loss price, which is 30% away, this trade remains active. We are even above our buy-in range. So we are actually still sitting on some profits. So we wait.
Note
We are in the green. So, aim for the targets.
This is a very strong coin, remember that, you will benefit a lot from holding this one.
Trade active
We saw a huge pump and then the price came back down, but there is still a lot of potential for this coin. I wasn't able to see as I was not here, and I didn't set any sell orders because it would be a waste to sell everything at the first or second target. So I still have all of my coins. I will wait for more action and sell accordingly when the time comes.

** Targets:

(1) 7200 *** TARGET REACHED ***
(2) 9600 *** TARGET REACHED ***
(3) 11600 *** TARGET REACHED ***
(4) 13500 *** TARGET REACHED ***
(5) 16300 * Next target *
(6) 19800
Note
400% increase in price with today's pump, that's a potential 300% profits if you sold at the top. Even now, at the bottom/support, we are looking at 100%.

You can rebuy/reload at this level.
Trade active
We are really strong here. We are looking at over 150% profits on support level. And now I am seeing some positive action.

Uptrend channel:
snapshot
Note
I am holding this and every other trade.
We are in a market wide correction, and for this we halted trading for a few days.

Bitcoin bounced from support and right now we are waiting to see if this support level will be re-tested.

We need to allow a few more days to know how things will turn out. To get better and stronger signals.

The altcoins are looking better now but still have a way to go.
For now, we hold patiently. We hold strong.

P.S. Tomorrow we will have a better understanding as to where Bitcoin is going, but we will resume trading soon.

Thanks for your support. I love you!
Trade closed manually
I am closing this trade in huge profits.

Will revisit again in the future and share it with new buy-in range, targets and stop loss.

Thanks for your support.

This trade analysis / idea won't receive anymore updates.
civicCVCCVCBTCHarmonic PatternsTechnical IndicatorsTrend Analysis

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