$Civic is forming symmetrical triangle | Expecting a Breakout
CryptoKraze Technical Analysis
Possibility on Daily Chart
If you look at daily chart, you will see $CVC has formed a symmetrical triangle and likely to breakout. This is very common pattern in cryptocurrencies, whenever a coin makes this descending triangle, a breakout is imminent that might happen anytime soon. If we look at RSI, it has touched 70 level and has dipped below 50 level. It has to rise up to touch 70 level again.
- I have a buy entry at 0.00004250 with my profit target will be around 0.00006050 and 0.00008500 or above.
- Stop loss just below the entry area is must for trading if you don't know the Averaging Technique in Crypto Trading.
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. Bitcoin unexpected move will make this analysis void.
Without BTC going up, nothing will go up.
Good work . I think civic can do great move in 2018
This is great thanks for sharing.vote me also
Seriously !!??
This is a great work ,thank you for the good job for sharing. Following right away sir.
very nice work..
very wonderful father, please help and guidance for us, so we can rise and move forward.
sorry if there are words that I am wrong and not good to hear because I am here newcomer.
Nice post
Its really hard to find true value in near future...
But it is always growing
good shared and very helpful, thank you @cryptokraze
What about BTC? BTC analysis is more important than altcoin. Firslt we should think what btc do.