CVC has very little price data as it debuted in July. But, I can't but help notice the cup and handle pattern:
Is this bullish? Yes!
Here is didactic info on cup and handle formations from stockcharts.com:
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_continuation
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.
I participated in the Civic ICO and then bought a good amount following a dip, so this is great analysis to read.
Overall, I think the project has strong long-term potential. A lot of my backing for Civic is based on Vinny Lingham's previous experience selling Gyft to First Data, so I'm fairly confident in his ability for repeat success. When you consider the market cap size and the product that's already available, I think Civic has plenty of room to the upside.
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There's lots of long-term potential in this one and 0.22 is very cheap imo. (note: i do have some)
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Civic is certainly a good one, I'm buying more atm
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I'm accumulating too. To the moon!
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Right on time, thanks @haejin
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Your fundamental assessment syncs with my TA analysis.
Thanks for reading. Please follow, upvote and/or resteem.
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Wow, i was noticing it the other day ...a lot of accumulation happening at under 0.22- handle zone..
I see that way too...good on you buddy!!!
Wait & see....
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I hope my analysis profits you much!
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yes :-)
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it surely did, thanks!
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meep
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Effectivement.. BOOOOMM !! 😉
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thanks for the good content
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Thanks kindly for the read. I believe a Bitcoin top approaches and I'll be posting this play by play....so keep visiting!
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