CIVIC is moving out of accumulation zone to soar

CryptoKraze here



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In this post I am going to cover technical analysis of Civic for medium term trade. I am using tradingview charts and price linked to Bittrex exchange. Let' have a look on technical aspects of Civic.



Possibility on 4 hour Chart

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If you look at 4 hour chart, you will see Civic is moving out of accumulation zone and it has to make a big impulsive move. If we look at RSI, it is going towards 70 level in first impulsive move and then it will dip to 50 level, so we have pull back done and next impulsive move will take it to 0.00013000.

  • I will have a buy entry at 0.00006550 with my profit target will be around 0.00013000 or above.
  • Stop loss just below the entry area is must for trading if you don't know the Averaging Technique in Crypto Trading.


Have a look on my other Posts

Bitcoin Correction Almost Done - Get Ready for Boom

Averaging Technique in Crypto Trading



If you like my posts and analysis and want me to add analysis on more cryptocurrencies, let me know in comments and I will add analysis



Disclaimer
Crypto Trading is risky business and you can loss partial or full amount of money. Trade at your own risk with that money only you can afford to lose.



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@cryptokraze that news steem & steemit is in the Sky. Thanks for sharing it.

This a great for discuss about bitcoin ..I appreciate to your blog...Carry on my friend ..

Aw, this was a really nice post. Finding the time and actual effort to produce a really good article… but what can I say… I procrastinate a lot and don't seem to get anything done.

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