Wooow!!! Civic (CVC) Token Has Completed A Bullish Setup For Upto 2800% Massive Move

Wooow!!! Civic (CVC) Token Has Completed A Bullish Setup For Upto 2800% Massive Move

By moon333 | moon333 | 4 Jul 2020


Hig guys and gals welcome to the new update on Civic token. Almost a year ago on June 25, I posted an article on tradingview. Where I revealed that the price action of Civic token is moving in a pennant. Finally on August 2019 the price action left the pennant directionless without breaking out or breaking down

1593861899-85533.jpg

Click here to visit this old article on tradingview

 

The direction has changed from bears to bulls:

Now if we watch on the live chart the movement of the price action with the combination of directional movement indicator. Then positive directional indicator has crossed up the negative directional indicator. Therefore we can expect bullish rally sooner or latter. The ADX of the directional indicator is also moving up and at this time it is representing the power of bulls.

G6tbH1br

 

 

The pricline has found a strong support:

Now if we take a closer look on the chart then the price action has found strong support at 0.00000214 sats and likely to form a double bottom on the support.

LTgZOGFe

 

As we can see that on long-term all indicators are turning bullish and the price action has also found very strong support at 0.00000214 sats, therefore, the previous targets that I defined in my previous article are still valid and those targets are as below:

The sell targets are:


1st target: 0.000038 sats


2nd target: 0.000048 sats


3rd target: 0.000059 sats


Final target: 0.000075 sats

As per the above targets, this trade has a big profit potential up to 3400%.

 

Civic with USD pair:

Now if we watch the movement of the price action of Civic with US dollar pair then it has completed the formation of a very big bullish butterfly pattern on the weekly chart. And at this time it is moving in the potential reversal zone of this butterfly. As per Fibonacci sequence of bullish butterfly pattern the buying and sell targets are as below:

Buy between: $0.026 to $0.0035

Sell between: $0.044 to $0.087

KmqNvsYB

   Click here to create free account on tradingview to watch and play the chart on realtime

 

As per the above targets the CVC token with US dollar pair has the potential to produce up to 2300% big gains.

Conclusion:

The price action of Civic token has turned bullish on the long term in the Bitcoin market and also in the US dollar market as well. However, on the short term we can see some up and downward moves. Therefore for the short term, we should use some stop-loss strategies to minimize the risk factor.


moon333
moon333

Hi, My name is Atif Akbar and I am trading charts author of all kind of assets


moon333
moon333

Hi my name is Atif Akbar and I am one of the top 3 authors of cryptocurrency trading charts as per tradingveiw I publish there with my username moon333 to verify you can visit: https://www.tradingview.com/markets/cryptocurrencies/ideas/ I also publish the charts of different other assets like forex, commodities, CFDs Stocks e.t.c. Here you will find perfect predictions on different trading assets.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.