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.
Cvcusdt
CVC reversing at day TFCVC look pretty good at day timeframe, but 4 hours show it might pullback from current resistance zone it is testing now. So there are two scenarios. Either pullback, and then buy zone should be around 0.01825, or breakout to 0.02277, and than buy zone should be on pullback to current resistance 0.0208, that will become new support.
Targets for future growth: 0.0233 - 0.0255 - 0.0277
CVC/BTC TA Update (Bulls are back?)CVC/BTC
CVC is starting to make a move as the price is already trading outside the trend-line resistance. We can see a huge buying volume through this bullish engulfing candle.
if the candle closes bullish in the daily time-frame. I would expect a potential temporary bottom but CVC still needs to form another Higher Low and Higher High to completely change the trend.
It still too early to join the bulls today but we can see some early signs. My best advice is to wait extra more days just for conservative entries.
Civic inverse cup and handleCVCBTC inverse cup and handle, also included the trading pattern for anyone interested. Bearish wave follows. Thanks for the support :)
CVC - Looking Mighty Attractive!CIVIC's 4-hr chart is currently catching support on the MA200 and is squeezing the price against overhead resistance. If support can hold, be on the lookout for a break to the upside. The MACD also has zero-line support and a supporting trend so the support is there. If we break through the pink trend, look for the price to find resistance at the blue trend or any of the white resistance levels. We also have a inverse head and shoulders pattern in effect. If we break the .0000061 level (which is the neckline), look for the upper target level for the IHS target. If we break through the MA200 support level, I'll be looking for the price to hit support around the .00000037 area before retesting the pink resistance trend.
Did my idea help you make a successful trade?
Donations are always welcome and much appreciated!
BTC : 136dZZ2XyUirYUX1nUXwrU6sGgaBNPiFnU
ETH : 0x2fda8b3ebf9f03078d2e4657ebca5c41ed020bf6
XRP : rPVMhWBsfF9iMXYj3aAzJVkPDTFNSyWdKy Tag: 395032582
This is the most bearish coin i ever seen !that project keep falling since 2017 till now, over 2 years of bear market full chart at Poloniex ! that mean the latest phase of the ST observation has ended.
if the T.A won't drive this coin back to the real value, that mean this project is inactive anymore, RIP $CVC or reset it
Good Luck
CVC Why you should be LONGGood day traders. I began scaling into CVC this morning around $0.075 because the 15 MA is crossing the 30 MA from below. The momentum is rising and positive. All this means its time to buy!
Green arrows indicate long opportunities and red arrows mean "you should have sold already"!
Simple but effective edge for alt coins but will give false signals so I set S/L around 0.06 (20% from average buy in).
Manage the trade once in profit and begin taking profits 0.09 but always split profits with coins...that way your never out of the trade (house money)
Back test for yourself and see how simple can be super effective. It's been my go to for awhile now and has produced sweet profits!
This is not financial advice or a recommendation to buy. Please do your own research and form your own opinion. Develop an edge and a trading plan, master them then you can add more...
CVC RECOVERYCVC constantly pumping from the trendline. So it will test its trendline support at 980's one more time to pump hard to 1360
CVC/BTC 480% profit potentialHello guys.
Next next interesting coin CVC.
Simple analysis, good potential, give him some time to increase your bitcoins)
ITS NOT financial advice!
CVC/BTC. Mid-term.Great deal mid-term investing.
Civic brokeout STRONG resistance from daily TFs
with a good volume then tested it and start growing!
Use Supply zones as targets.