Alış
Civic Found The Resistance, Break Above Is Needed
Following the previous idea on Civic, the price reached the first resistance level 127.2% Fibonacci retracement, that is at $0.41, but failed to break above, instead, it has bounced off. After the resistance has been rejected CVC/USD went down again testing the $0.25 support. The support also has been rejected and now Civic continues to trade within the $0.26-0.40 range.
In order for Civic to continue moving higher, it must break above the resistance, specifically about the high established on 5th of December, $0.44. Break, and daily close above should confirm the uptrend and most likely will establish the uptrend.
There are few resistance levels on the way up to the final upside target at $0.8 area. The first resistance is at $0.55, that is 227.2% Fibs applied to the first corrective wave after the descending channel breakout. Second, 327.2% at $0.68. The upside target is seen at $0.8 area that is inline with 427.2% and 127.2% Fibs. Break above the upside target could accelerate the uptrend even more. But on the downside, break and daily close below the $0.21 low, will invalidate bullish outlook.
In order for Civic to continue moving higher, it must break above the resistance, specifically about the high established on 5th of December, $0.44. Break, and daily close above should confirm the uptrend and most likely will establish the uptrend.
There are few resistance levels on the way up to the final upside target at $0.8 area. The first resistance is at $0.55, that is 227.2% Fibs applied to the first corrective wave after the descending channel breakout. Second, 327.2% at $0.68. The upside target is seen at $0.8 area that is inline with 427.2% and 127.2% Fibs. Break above the upside target could accelerate the uptrend even more. But on the downside, break and daily close below the $0.21 low, will invalidate bullish outlook.
İşlem aktif
Breaking above resisanceNot
Civic at the support... uptrend continuesNot
3rd target reachedNot
Moving towards final targetİşlem kapandı: hedefe ulaştı
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.