CVCUSDC
CVC longer term view $1.70-$2.31?Civic looks to be forming an ascending triangle .
It's either already bottomed, or should find support again in the $.22-.25 region. After that, I think we'll resume the uptrend with a final price target of $1.70-$2.31 sometime between July-September (however, I think most probable scenario is target will be hit in either July/August).
Key dates and support/resistance levels on the chart.
Price needs to close above .49 on higher timeframes for the bullish trend to resume.
View in log for longer term perspective.
Civic in a solid uptrend ready for a big pumpNot much to be said other than it looks like DNT before its previous breakout. Both DNT & CVC look very good and like MANA are some of the coins that are on Coinbase but not Coinbase PRO. Maybe they'll get on PRO soon?
s3.tradingview.com
CVC Consolidating after a bloody dayRed zones are heavy support zones. Green zones are next legs up and resistance areas. We want to see price discovery in the blue zone. After a relatively bloody day for mostly all of the crypto realm on Friday 1/8/21 we are seeing CVC gather itself into a consolidation pattern. Positives is that CVC really didn’t fall to far down from its recent high showing strong BUY support. Currently the buy/sell ratio is 50/50. My thought is that CVC is coiling up here and will be testing the price discovery blue zone sooner than later. Keep your eye on the volume. This could be a good opportunity to get in with very promising risk/reward. Just my thoughts, not financial advice. What do you think?
CVC/BTC (Bearish Rejection Candle?)💎Technical Analysis Summary💎
BINANCE: CVCBTC
-The 4hr candle closes with a bearish rejection sign
-The price still at the support area which is good in the short term
-But if the area failed in the next few hours
-There is no strong support until 373s sat level
-Please be cautious if you are holding a position
-Always follow your stop loss location
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CVC CIVIC New Important levels on Coinbase cvcusdc cvcbtc cvcusdCVC CIVIC KEY - New Important levels on Coinbase cvcusdc cvcbtc cvcusd cvcusdt
CVC-USDC - SOME EXTRA 10-30% Hello traders,
First of all, altough this is a long position, we need to wait for it's entry and the bottom of the descending wedge, i believe this pattern will breakup to upside guaranteeing a profit of 10-30% for us.
Have some nice trades today.
CVC-USDC - THE TREND IS YOUR FRIEND Hello traders,
CVC-USD has been having huge volume past days, and we are waiting for a good entry to enjoy the profits to come.
We maker two major supports on the chart for the CVC, in which the last one being the perfect entry with the most risk reward ratio.
Trade with caution.
Enjoy
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
CVC/BTC TA Update (Bullish Pattern Breakout?)CVC/BTC
CVC is quite looking bullish on this falling channel pattern. The RSI is painting strong bullish momentum and we have 2 consecutive bullish candles today.
If the price can't break above this trend-line resistance, I'm seeing a potential minor pullback to key support area and attempt to retest the previous High or change the daily trend.
CVCUSDT formed bullish BAT | A good long opportunityPriceline 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 leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: $0.01922 to $0.01899
Sell between: $0.01976 to $0.01976
At this time the price action is moving above the PRZ area just wait for price correction and then try to buy within the potential reversal zone.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.