cryptoniter

Civic long - BB squeeze and symmetrical triangle

Long
cryptoniter Mis à jour   
BITTREX:CVCBTC   None
I'm taking a look at civic:

I'm seeing a symmetrical triangle which is bullish if it breaks out the resistance.
Strong RSI, above 50 at least.
Bollinger Band squeeze which indicates a breakout as well. Better view on the 1h chart: Descending volume since the last 'pump'. The same thing might happen on this breakout.

The first target is around the 0.5 fib, which fits the symm triangle target, but I wouldn't be surprised if we hit the last ATH on the breakout.

If you like my analysis, consider following me on twitter where I'll post my thoughts and charts. www.twitter.com/cryptoniter
Transaction en cours:
It broke out of the resistance but not very convincingly. I think we might go for another try.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.