BITTREX:CVCUSD
CVC has a nice falling edge pattern, at the end of the market cycle after the correcting wave. Expect it to bounce soon. The first break out usual retrace to the trending line, depends on how much volume it can accumulate in the next weeks. Do not buy the first wave, wait for the retracement and buy the dip.
CVC has a nice falling edge pattern, at the end of the market cycle after the correcting wave. Expect it to bounce soon. The first break out usual retrace to the trending line, depends on how much volume it can accumulate in the next weeks. Do not buy the first wave, wait for the retracement and buy the dip.
Trade active:
Not much to say about CVC, still consolidating, is putting a nice bottom but we need to see breaking the down trend line and then the show begins :). Could go even lower.
Keep watching....
Keep watching....
Comment:
Still waiting for a stronger move. Will keep updating.