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TonyCryptano
Feb 22, 2018 12:15 AM

keeping an eye on Bread and Butter Long

Description


Money flow already showing bullish divergence. Though indicators work badly in trending market, I hope for bullish spring.

RSI has already broken through falling wedge and is fully oversold.

Ichicloud acts as strong resistance. Breakthrough the cloud will reinforce bullish signals.

OBV worked well on showing hidden bullish divergence. Potential double bottom forming, still need confirmation.

Stochastic can show us a little about oversold areas.

This is clear inverted wedge with a potential break down. This will depend on bitcoin and etherium. Will keep monitor both.


For long entries, I will place orders near lower trendline of the bearish channel. But I still, think that break above will lead to the consolidation of the price. So I will wait for the break through ichimoku cloud to ride this swings.
Comments
patelcrypto
BRD is going to outperform all altcoin.. it has very low capital and great team based in sanfrancisco , sweden and japan! atleast 10x from here would be moderate.
TonyCryptano
@patelcrypto, Hello! How do you know?
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