
SUMMARY
If a ground floor opportunity is sought, CIVIC (CVC) could be a strong candidate to be on top! The below shows the Cup & Handle fractals which is a twofer for the bullish score! I've also marked the price targets for wave 3 at $9.71 and wave 5 at $11.76. From current price level, this represents a MASSIVE profit potential!! The vertical sticks represent the calculation of wave lengths per Fibonacci ratios.
Here is the CVC/BTC pair and it too sports a fractal except they are the symmetrical triangle rather than the Cup & Handle. This is just another way of displaying a twofer and as the a,b,c correction is complete and price has already started exploding; the target could easily attain 0.000566 BTC. Wave 1 and 2 are complete and this leaves wave 3 as being next. The rise will most likely be vertical and parabolic!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**