Civic Reversal Signal | Dragonfly Doji
Civic (CVCBTC) recently printed a Dragonfly Doji (light blue) which is a reversal signal.
This is telling us that potentially a low has been hit and a change of trend is coming. Notice how prices moved above EMA10 right after this signal came in.
The RSI is now bullish and the MACD histogram is green.
EMA50 or 0.00000237 is the next challenge. Once this level is conquered, CVCBTC can start to gain momentum on the way up.
On the other hand, we lose the bullish bias if CVCBTC moves lower and breaks the last low, 0.00000214.
Thanks for reading once more.
Namaste.
This is telling us that potentially a low has been hit and a change of trend is coming. Notice how prices moved above EMA10 right after this signal came in.
The RSI is now bullish and the MACD histogram is green.
EMA50 or 0.00000237 is the next challenge. Once this level is conquered, CVCBTC can start to gain momentum on the way up.
On the other hand, we lose the bullish bias if CVCBTC moves lower and breaks the last low, 0.00000214.
Thanks for reading once more.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.