Published
4 years ago on
December 01, 2019
In this Daily chart of Civic/ USD Coin (CVC/USDC), there is a depreciating range from 0.041250 to 0.024159.
We can see that after the depreciation, the market appreciated to the 0.0310 level (identified by the red down arrow), just above the 0.030688 level that represents the 38.2% retracement of the depreciating range.
Using RSI, we can see that RSI (14) and RSI Average (3) both had positive slopes after the market traded as low as 0.024159, and that RSI (14) bullishly crossed above RSI Average (3).
Using Slow Stochastics, we can see Stochastics K bullishly crossed above Stochastics D after the market traded as low as 0.024159.
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