CIVIC (CVC): Bullish Wedge is Complete and Confirmed!

in #cvc7 years ago (edited)

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

Great to hear, been loading some Civic the past month or so...

Don't let these haters faze you @investingtips keep doing you! This is meant to be a free platform for the people away from dictatorship and I will keep supporting your articles.

It is my Civic duty to say that this post is awesome!!! Massive Profits to the Prophet!!! Thanks @haejin !

Great, civic to moon

Please, please help me! Am I looking at other figures then you guys?
Before this post CVC went up from $ 0,37 to $ 0,45.
After the post it went down from $ 0,45 to $ 0,43.

There is no way you can know where an altcoin is going as long as you don't know where BTC is going. When are you guys gonna see that!

@haejin has this fetish of creating upward waves all the time. He has done it over and over again even when BTC went from $ 20.000,-- to the area of $ 12.000,--. Around that point he started to take this bulish market serious.

Now BTC has hit the $ 6.500,-- new charts are created with upward waves.
Since we still don't know where BTC is going, all other charts are worthless by definition. Be aware of that.

DON'T BE TO SURE ABOUT BTC GOING TO BE $ 20.000,-- AGAIN THIS YEAR.

Wouldn't your time be better spent blogging about what you think and building your own following, rather than trying to say how wrong other people are? It might also rehab your reputation.

wow.. good analysa

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.

been holding civic for over 6 months ... waiting for some action soon haha

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

head and shoulder reversal