I stumbled across this gem by chance. Huge risk reward. Bottom has held multiple times since the November dump and it has had very low volatility since September. I think the bottom is in and sellers have been exhausted. Whales have had 6 months to accumulate crazy cheap BCD. It very well could be time to blow the roof off of this coin. BCD has had some ridiculous pumps in the past. In January of last year, it pumped 100x it's value in a single day! Just buy, set some ridiculously high sell orders, and wait.
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Preparing for the pump and dump
I was looking to set my sell orders on the chance of a sudden pump and dump. Why? Well BCD is ~115x off it’s all-time high and in my opinion is dead project (just look at the github). So in preparation, I broke this chart down by resistance and support lines. Anything in the green area is no man's land or where there have been no established resistance lines. This is your safest bet to make 2-4x. At the top of the green, we can see the first levels of resistance. At the top of the yellow is where we run into the BCD pre-crash support and resistance lines. The resistance areas here should be more significant. Beyond that is marked in red for higher risk as the price would have to go through several substantial resistance trends to get in this area. If we move beyond that, we’ll call that Lambo territory. Hey, anything I possible in crypto. Let’s hope for Lambo territory, but prepare and plan for pre-Lambo territory. And by that I mean I’ll be placing the majority of my sell orders in the pre-Lambo territory actualizing that profit. And if I’m feeling lucky, I may sprinkle some long-shot orders on the chance they fill. But if they don’t I won’t care because I will have already made a killing. Now we wait!
I was looking to set my sell orders on the chance of a sudden pump and dump. Why? Well BCD is ~115x off it’s all-time high and in my opinion is dead project (just look at the github). So in preparation, I broke this chart down by resistance and support lines. Anything in the green area is no man's land or where there have been no established resistance lines. This is your safest bet to make 2-4x. At the top of the green, we can see the first levels of resistance. At the top of the yellow is where we run into the BCD pre-crash support and resistance lines. The resistance areas here should be more significant. Beyond that is marked in red for higher risk as the price would have to go through several substantial resistance trends to get in this area. If we move beyond that, we’ll call that Lambo territory. Hey, anything I possible in crypto. Let’s hope for Lambo territory, but prepare and plan for pre-Lambo territory. And by that I mean I’ll be placing the majority of my sell orders in the pre-Lambo territory actualizing that profit. And if I’m feeling lucky, I may sprinkle some long-shot orders on the chance they fill. But if they don’t I won’t care because I will have already made a killing. Now we wait!
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Great breakout for over 60% gains! We've had a big retrace back to the .786 Fib level, but this is a great spot to start our next wave up. Remember once we get past that .000350 level, there's no resistance. I think the price could fly.