thomas58700

Fib lines for BCD, watch for the end of correction

BINANCE:BCDBTC   Bitcoin Diamond / Bitcoin
Requested chart for fib lines for BCD            
Trade active: Forming a cup and handle on BCD estimating it could move down to 10500
Comment: (This is a good indicator that it will be moving up)
Comment: If you still have money floating in BCD the uptrend will be slower, but it's correction seems to be nearly over so I wouldn't worry if you bought high
Comment: It met that 10500 mark, I'm more interested in btg for now, but follow the discord voice chat with other members if you need extra input to make decisions
Comment: In a compressing triangle that will take 3-4 hours to reach the end, watch for it to break the bottom or top trends
Comment: Broke the bottom of my last triangle, then moved up to the center to form bear pins indicating a possible drop. Not looking too stable for those currently bought in.
Please update chart.
Thank
Reply
thomas58700 jalalahmadi
@jalalahmadi, I'll be doing further analysis later on, I thought it was clear that it needed a correction first; as it has been doing.
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Should I sell BCD or hold? I bought it at 0.010196 btc.
Already in heavy loss
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@Sharique, You can continue to hold if you like, there is another vertical fib line coming up in 20minutes which may indicate the lowest point then begin to move back up
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@Sharique, It doesn't seem to be dropping sharply so a hodl might turn out to be a good idea rather than jumping and losing money, this coin should be heading back up at an unknown time frame and that should surpass its previous highs
+2 Reply
@Sharique, check out the 5 min charts to see how smooth the curve is (not jutting down violently which is a good sign for new growth)
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Sharique thomas58700
@thomas58700, i will hold on then. Thanks sir
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So confused on this coin, barely any information on it
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you sure ?
+3 Reply
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