CVCUSDT - Possible price actions and targetsCVCUSDT brokeout above the falling wedge's resistance as expected from my previous analysis.
Price got rejected off the ascending channel's resistance and retested the falling wedge's resistance.
Price action is printing a symmetrical triangle pattern at the mid channel region.
Bullish ⬆️ - breakout above the symmetrical triangle's inclined resistance could lead to a test of the ascending channel's resistance.
Bearish ⬇️ - breakdown below the symmetrical triangle's inclined support could lead to a a test of the ascending channel's support.
Possible price actions and targets are indicated by the arrows on the chart.
Cvcusdt
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 add to your watchlistCVC / BTC
strong volume enter today and Breakout from falling wedge
Alot of coins Pumped hard
And this coin has history of huge pumps
Keep this coin in your watchlist
Green area (support) should hold to remain bullish
🚨 This is not a signal just reading chart
Good luck and happy trading 🌹
Which way Civic? (CVC/USDT)After its epic peak, Civic is still trying to stand close to 10 cents.
Ma20xMa50 has turned to negative and RSI is still bearish.
One of our algorithms has turned to a sell but other one is still in buy condition.
I would wait to see how will end the decsending triangle formation before give my decision.
Resistance: $0.130
1.Support: $0.078
2.Support: $0.043
Happy Trading! ☺️✌️😊
What do you think? Any comment? 👇👇👇
CVC/USDT TRIANGLE FORMATION CVC/USDT is in a huge triangle pattern.
Way of trading: wait for a breakout or breakdown and then wait for a pullback with visible 4H candlestick wicks. Then enter the trade short or long , depending on the direction.
Bullish: 25 cents Take Profit
Bearish: 4 cents Take Profit and go long.
Most probable outcome is to visit the 25 cents.
✳️Civic/USDT (2/12) View + Trading Plan #CVC $CVCCVC is up again to retest the 0.11$ zone and the 0.14$ zone. However, it will take a long time to break through the 0.14$ zone
If CVC loses the 0.08$ zone, it will fall into a downtrend and target the 0.06$ and 0.04$ zones.
📈BUY- LONG
-Buy: 0.0775-0.0825$ if A.SL if B
-Buy: 0.115-0.115$ if A.SL if B
📉SELL-SHORT
-Sell: 0.11-0.115$ if B.SL if A
-Sell: 0.14-0.145$ if B.SL if A
♻️BACK-UP
-Sell: 0.0775-0.0825$ if B.SL if A
-Buy: 0.06-0.065$ if A.SL if B
-Sell: 0.06-0.065$ if B.SL if A
-Buy: 0.04-0.045$ if A.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Crypto Top Gun Daily Report 20201202: CVCUSDTP 40% UPAfter the Dump happened in the 12:00 Dec 1st UTC , the market has been consolidating for more than 24 hours.
What is the Top Bun Crypto during the period?
CVCUSDTP > 40% Up,
By using <> Indicator, we can see that its evolving path is very clear on the chart.
What may be a found: a series of Breakouts lead a Trend, so knowing what coins are breaking out is very helpful to watch the market.
Note: The chart which the indicator displays is 3M timeframe.
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a trial of "Crypto Breakout Alert" Indicator.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Crypto Top Gun Report 20201202: CVCUSDTP 45% UpAfter the Dump happened in the 12:00 Dec 1st UTC, the market has been consolidating for more than 24 hours.
What is the Top Bun Crypto during the period?
By using <> Indicator, we can see that the King is
CVCUSDTP > 40% Up,
whose evolving path is very clear on the chart.
What we conclude from the chart is that: a series of Breakouts lead a Trend, so knowing what coins are breaking out is very helpful to watch the market.
Note: The chart which the indicator displays is 3M timeframe.
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a trial of "Crypto Breakout Alert" Indicator.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Potential bottom on CVC USDAfter a massive pump, it looks like CVC's retracement is finally ending.
Support is around 0.82 - 0.86
0.82 would be a nice entry point. If the price goes upper the triangle/ cloud/ if price and tenkan are located upper the kijun/ if we have a kumo switch, this would mean CVC is heading back up.
If we breakdown 0.80, we will have to search for a lower entry point.
Feday