SUMMARY
Civic (CVC) had put a deep retracement and often wedges provide exactly that given the piercing nature of their pattern. The subwaves are labeled in blue as abcde and the breakout is quite noticeable. The questions is: What's likely to be next?
The 60 minute chart provides a closer look on the subwaves. The breach was clearly in five microwaves and the blue parallel lines show a bull flag and also shows wave 2. IF this impulse completes, then the wedge pattern would be fully confirmed and likely a bottom can be called. Once wave 3 starts, the bull flag already seems to be breaking out, a price level igher than the peak of wave 1 would be a good next step.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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CVC/USD
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Great to hear, been loading some Civic the past month or so...
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ANOTHER Bitcoin Crash Incoming!? https://steemit.com/bitcoin/@investingtips/bitcoin-crash-to-usd6k-again-haters-gonna-hate-on-me-but-won-t-stop-me
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It is my Civic duty to say that this post is awesome!!! Massive Profits to the Prophet!!! Thanks @haejin !
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Great, civic to moon
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wow.. good analysa
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Only if i can get your almighty UPVOTE on my project of feeding the less privileged kids in Africa, somewhere called F.C.T Abuja. I would one of the happiest person on heart now. Anyways, keep up the good work and steeming.
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head and shoulder reversal
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been holding civic for over 6 months ... waiting for some action soon haha
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if i can get your almighty UPVOTE on my project of feeding the less privileged kids in Africa, somewhere called F.C.T Abuja. I would one of the happiest person on heart now. Anyways, keep up the good
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CVC is great pick. Thanks for your time!
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follow your opinion. you are a smart guy. hahaha
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Good analysis. There are several alts looking forward to start their 3rd wave. Litecoin is also looking quite similar as cvc.
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