PolarHusk

CVC/BTC TA Update (Bulls are back?)

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BINANCE:CVCBTC   None
CVC/BTC

CVC is starting to make a move as the price is already trading outside the trend-line resistance. We can see a huge buying volume through this bullish engulfing candle.
if the candle closes bullish in the daily time-frame. I would expect a potential temporary bottom but CVC still needs to form another Higher Low and Higher High to completely change the trend.
It still too early to join the bulls today but we can see some early signs. My best advice is to wait extra more days just for conservative entries.

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Feragatname

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