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variousCryptos
Apr 30, 2021 4:35 PM

BCD/BTC on track 

BINANCE:BCDBTC1D

Description

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BCD still respecting the previous ABC corrective wave pattern. Seems to have found a nice upwards trend line.

Could be looking at a bullish break out.

Targets based on previous areas of resistance.

BINANCE:BCDBTC

Comment

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Looks like BCD just hit the first target!

Comment

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Hit the second target!
Trend AnalysisChart PatternsTechnical IndicatorsBCDBCDBTCbitcoindiamond
Comments
AnoirI
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hello, could we hope for a short term recovery?
variousCryptos
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@AnoirI, I don't expect much in the short term.

As long as BTC is dropping, coins like BCD are gonna drop a lot harder.

It's found support multiple times near 0.00008575.

If it drops further 0.00006990 would be an area you'd expect to find support.
AnoirI
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@variousCryptos, hello, can you do a scan?
thank you
khashman
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You are hero 💪.. great analysis
variousCryptos
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@khashman, Thanks! I set a sell at the second level and made out like a bandit. Hope you hit on it too!
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