Looks like the correction could be almost done here as it shows 5 waves down. Price could settle a little closer to around top of wave 1.
Following previous prediction fairly well although holding support line around 5000sats. I am still pretty certain we are heading back down to previous structure at around 4000sats before another bounce back to test resistance on the down trend, this time back at 5000sats. This time i would sat entry around 4000sats, sell off at 5000 for an easy 20%. If we get a...
0.786 fib line would be a perfect buy opportunity, if support holds, next target 0.618 fib line (5800-6000sats). This is not financial advice
We are wating for the wave 3 to form now, It will depends a lot on how BTC performs. This is not a financial advice, I am not a profesional . I do this just for fun.
CVC respecting current trading channel and very bullish but seems to be lacking volume to push through resistance. If BTC continues on a sidewalk up trend and the US wake up we may see it break through, otherwise looking like a drop back to the lower channel around 3500 sats. 40+% drop
Civic (CVC) chart update , long term price prediction, if it follows elliot waves
Completion of bullish butterfly at 1.272 ext which also happens to be weekly S3
Ok so we have 2 Fib extensions at same level (D of butterfly) which is bullish and nice to see. A 3rd thing which i haven't show on chart (as its getting a little messy) is D will also be completion of a three drives pattern. Will update further as price completes pattern.
Civic is a coin that got a lot of praise from the media and it can become big one day. Currently it's in a triangle with big potential if it does a breakout. *Note that in the chart I use 1D candlesticks, so the trade is very long-term. If you agree with the chart, don't forget to like and follow for more TA's!
Civic developed a strong Security ID product. The price of the CVC coin is on the floor but I don't think it will stay here for a long period. Buy now Target 0.0003 (446%) This is a long term trade, be ready to keep position open for +6 months if needed!
HI trader Do not forget to put a stop loss The market may be volatile Good luck
Civic (CVC) long-term bullish pattern Wave 'c' of Elliot wave has just started showing a bullish pattern with a stop loss at 5400 sats
Looks like CVC is going up. First target 65, if it breaks the resistance there, then up to 70. What do you think. Still learning.