CVC ANALYSIS
CVC
CVC recently pushed open a new bottom, with is not good news. CVC has stalled inside the support zone, but much lower than previous bottom. I expect a relief rally considering RSI and STOCH have pushed into a neutral zone. The relief rally I expect to run up to 50 & 100 MA above 300 sats and possibly 350 sats. This would be a new short term resistance zone, upon hitting this block, expect another drop back to a double bottom at 240 sats and possibly lower! I would wait this out, until a clear bottom has been found or CVC is able to break ABOVE 100 & 200 MA. Anything under 400 sats is still in bearish territory.
CVC recently pushed open a new bottom, with is not good news. CVC has stalled inside the support zone, but much lower than previous bottom. I expect a relief rally considering RSI and STOCH have pushed into a neutral zone. The relief rally I expect to run up to 50 & 100 MA above 300 sats and possibly 350 sats. This would be a new short term resistance zone, upon hitting this block, expect another drop back to a double bottom at 240 sats and possibly lower! I would wait this out, until a clear bottom has been found or CVC is able to break ABOVE 100 & 200 MA. Anything under 400 sats is still in bearish territory.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.