twismo
Long

CVC-BTC - Looking for Long Opportunities

BITTREX:CVCBTC   Civic / Bitcoin
I am looking to build my holdings in CVC             as I rate the fundamentals of the project and the team. Starting this idea to evaluate opportunities to buy.

CVC             is currently trading at 0.0005976 (approx 50%) of ATH             (Dark Red line).

I have drawn the key support/resistance levels in dotted red. The thicker red line at 0.00005465 is a strong support as it has been tested 7 times in the past month.

On the 1 hour chart price is ranging between 0.00005880 & 0.00006407 so buying small amounts on the 0.00005870 is currently a good price.
SL: 0.00005026 (below the Christmas low)
Target: 0.00009483. Consider taking profits at the key resistance levels (red dotted lines) on the way up.
RRR: 3.64

I cannot see any strong buy signals from the indicators (cloud, RSI , Volume ) currently on chart. Will continue to monitor and update.

Other resources:
https://onchainfx.com/asset/civic
https://www.coingecko.com/en/coins/civic

Kommentar: Quick update: RSI has moved back from oversold on the 1HR chart. I will be looking for the correction to show on longer time frames (8HR) and for greater volume before adding to holdings. This could easily be a bear trap.

snapshot
Kommentar: We had a bearish death cross (50 EMA moving below the 200 EMA) on the 4HR chart
snapshot
Kommentar: The support shown in blue at 0.00004667 seems strong and coincides with an area of previous strong volume support. I would expect price to hold if it falls into this area. Going to place buy at this level.

snapshot
Trade ist aktiv: I have placed another order at 0.00004960. There is not allot of volume on the upside to at as resistance so think the price may recover to test the support level (blue line) at 0.00005894 and then return to the POC (red line) at 0.00007041.

snapshot
I think civic completed the triangle pattern and decisive broke out

Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden