CVCoin (Huobi: CVCOINBTC) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, CVCoin began a wave one advance on November 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 2, and the red wave two (blue sub-waves a-b-c) correction ended on December 6. If this wave count is correct, CVCoin should be heading next towards the December 2 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
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(Sources: https://crypviser.network/#company)How Will CVCoin Trade?
CVCoin (Huobi: CVCOINBTC) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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