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CVCBTC trade ideas

Civic coin, second takeoff attempt?Coin of the day is Civic. Once again coming back to Civic, the coin dedicated to personal info security. Civic main agenda is to provide technologies and services to the individuals, which gives the ability to protect and control their identities. Civic is building an ecosystem that is designed to facilitate on-demand, secure and low-cost access to IDV, i.e., identity verification services via blockchain, such that background and personal information verification checks will be more secure, and no longer need to be undertaken from the ground up every time. Civic also has a Civic token (Ethereum based ERC-20 token), or CVC, that participants of the ecosystem use to transact in IDV-related services. From the 18.03.2018 minimum (0.0000265), CVCBTC was drawing a turnaround pattern gradually growing above the 0.00003 level. Today the coin faced a huge inflow of volumes and broke above the 0.0000333 resistance level. The next steps on the way of forming a turnaround pattern will be 0.000037 resistance and most important 0.00004 Level which coinciding with the 100-days EMA. From the downside, 0.00003 level and Bullish Trend Line should hold on to confirm the uptrend scenario.
Long
by DestinationMoonCrypto
CVCUSD - COULD IT BE?Main comments are on the charts. At the Trader's Corner, we give options with levels to act upon. The count itself is not really important, except if you want to be a chartist yourself. I have been practicing for more than 12 years in forex and indexes and cryptocurrency recently. Fascinating. Also, when you read my chart, this is the most likely path that I pull at the moment I do it, but in my mind all the other options are evaluated and therefore I can change the count quickly (this is the magic with EW, but also the curse, because, well, not everybody is proposing count that makes sense other to themselves. But let's not debate this here). So, even if i put options, I cannot put all the alternatives on the chart because it would take too much time and it would be too confusing. So, today, I will propose something that I would not usually do: proposing to truncate a cycle before its confirmation. I have some backup though as a cycle of lower degree has completed and we should be for a bounce here. Let me know if anyone is trading those altcoins (CVC, BAT, ZRX, BNT, ...). I will follow up on this map and propose some setup in lower time frame when opportunity arises.
Long
by The_202_Quants
1
Civic reversing? If so - good place to buy.Coin of the day is Civic. One of the most promising ICO of the 2017 Year. The company develops technologies for the protection of personal information and identification, a hot topic nowadays. Civic main agenda is to provide technologies and services to the individuals, which gives the ability to protect and control their identities. Civic is building an ecosystem that is designed to facilitate on-demand, secure and low-cost access to IDV, i.e. identity verification services via blockchain, such that background and personal information verification checks will be more secure, and no longer need to be undertaken from the ground up every time. Civic also has a Civic token ( Ethereum based ERC-20 token), or CVC, that participants of the ecosystem use to transact in IDV-related services. CVCBTC bounced off the 0.0000265 low ten days ago and went upwards in a channel pattern. Recently the price broke above the psychological level 0.00003 and then went above the long-term Bearish Trend Line, which represents a downward tendency. For now, the price chart is not showing enough signs of the reversal, but current price action could be a starting point of the uptrend cycle. If CVCBTC will manage to break above the 0.00004 level and 100-days EMA, the coin should be considered for the portfolio.
Long
by DestinationMoonCrypto
1
CVCBTC updateFollowing 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 break out from resistance expect another 20% to 6000sats, i would still be taking profit at 5000 imo and look to reenter if the 4hr candle closes over 5000sats over that down trend resistance.
by Donnybrasco01
7