Be carefull with buy orders as it may fall back to ~1986 area. If bounce it will continue following the parallel channel with possible targets at 2170 and 2470.
Previouse pump was ignoring bitcoin moves but the next one will depend on BTC trend. Hopefully we have an uptrend forming so now we are all great technical analisysts ))))
Previouse pump was ignoring bitcoin moves but the next one will depend on BTC trend. Hopefully we have an uptrend forming so now we are all great technical analisysts ))))
Comment:
Getting close to support at 2000. Doesn't look good. If it won't hold the price it will fall out of the chanel. Considering rising BTC it still has a good chance for recovery but the fact it didn't bouce till now is worrying.
Comment:
Comment:
~1980 and 1950 are possible bounce zones
Comment:
CVC found support at 1940. But it has exit previous parallel channel so the scenario have changed. Currently I wouldn't advise this coin for trading.
Trade closed: stop reached
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