Civic Hits Bottom, Strong Potential For Big Bounce | Easy 100%+

Dec 28, 2019

Civic (CVCBTC) is one of those very famous altcoins projects that continued to remove weak hands even while other altcoins are growing a lot.

Right now, a new low has been hit and we have volume and multiple bullish signals coming in.

Civic Chart Analysis by Alan Masters

• Volume is low on the drop.
  
• Altcoins market sentiment is already in favor of the bulls.
  
• EMA10 being challenged.
  
• MACD bullish crossover.
  
• Bullish divergence with the MACD.
  
• RSI starting to curve up.
  

These are the signals but there is still one resistance to break.
Notice the black trendlines, this is the next barrier.

Above the trendline CVCBTC can start growing, below it the pair remains bearish.

It is only a matter of time before this one starts to move up.

Thanks a lot for reading.

Namaste.