Civic / TetherUS
Long
Updated

Civic (CVC)

4 423
On the above 4-day chart price action has corrected 90% since the sell signal in February 2021. A number of reasons now exist to be long, including:

1) You know why..

2) Price action and RSI resistance breakouts.

3) Strong positive oscillator divergence with price action. Multiple oscillators currently print bullish divergence with price action over 136 days.

4) Point (3) prints on the golden ratio, which is also past support. Look left.

Is it possible price action corrects further? Sure.
Is it probable? no.

Ww

Type: trade
Risk: 6%
Timeframe: 1-2 weeks to open
Return: will say somewhere else
Trade active
When I say 'This would be an excellent moment', it is not hyperbole.

If my hints get any heavier I'll flatten my feet.
Note
on support
Trade active
Support confirmed.

Special notice to P's... we've just discussed this, you know what happens next.
Order cancelled
Will close this one for the moment. Market structure appears to have broken.

Should price action recover to 0.085 and above, structure held, otherwise...
Trade active
Price action recovered. GRM support confirmed.
Note
Past resistance confirms support. Don't be a seller, it'll hurt.
Note
Which one of you tried to sell into momentum? Fess up...
Note
now
Trade active
If a seller will give it to your at 0.1275, take it. The next stop 200% above at 40 cents.
Note
Warm thanks to the sellers per last update, up 110% since then.
Note
scalping opportunity
170% in six days


1hr
snapshot
Note
Did you close the scalp?

snapshot
Trade active
Note
is a long at this moment
Note
Did you catch the long moment from panic sellers? Well done is so.

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