We can see Civic battling through the resistance attemping to snake its way out of the bear trend. Notice in the bottom chart how each time the price breaks the downtrend, it bounces off of it confirming support. Considering the current valuation and potential, it wouldnt be uncommon for Civic in its next cycle to go for the 4.72 of its post ICO move as a target for the next bull run. That would put its target at 0.00076 BTC roughly. Yes triple 0 seven, the new James Bond
than you sir. you are really good. hope to learn from you ....
pogoyiky
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Please keep posting more analysis... thanks...
benji13
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I really hope it doesn't read 2500 but I wouldn't be surprised. These markets can stay irrational longer than people can stay liquid.
Papou
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@benji13, highly doubt that benji. Long term holders won’t sell here, nobody has bought any lower in order to take profit and most likely all the sellers have exited. Apart from a few low volume low liquid swings to weed the fear and impatience, we likely have seen bottoms and prepping for next market cycle
benji13
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@Papou, check out my time analysis on cvc, still gonna be awhile before we have a massive breakout imo. Let's hope it doesn't get as low as 2500. I'm still holding a small bag.
Papou
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@benji13, it could really go as low as there, all depends if people are willing to sell it there. I doubt it though due to its distribution.