Hello everyone, this is our view on brdbtc, enjoy!
Analysis:
Falling wedge, M gartley with attendible fibo levels, jumping from a good support. As bitcoin dominance is about to grow we're now very likely for a spike down for a very cheap entry and then a parabolic move up. Waiting for a lower high which is coming for sure, try to buy there. It will be bearish until we're below ema25, then we'll try our best to jump. It won't close over ema200, if it does then it will pump much and much more. First long target will be wma25. Broken down lower bollinger band, now retracing. It isn't a big problem for a shitcoin to pass through ichimoku cloud, so don't worry (bearish itself). No fisher. Laggings (chaikin, moneyflow, rsi, uo, particularly those two) growing in something just like an uptrend with many bearish divergences. But stochastic, which is forming though. Bullish divergences in bearish momentum both on ao and macd, which will form a golden cross then. Accumulating in fear.
Strategy:
Entry: 2854-2594-2003 (the last one is a trial, we don't think it'll get there by now)
Target: 3477-3662-3709-MOON
Stoploss: 8% from entry price (just in case it gets to our last buyzone)
High risk for big gains.
Trade safe. Anlvis.
Analysis:
Falling wedge, M gartley with attendible fibo levels, jumping from a good support. As bitcoin dominance is about to grow we're now very likely for a spike down for a very cheap entry and then a parabolic move up. Waiting for a lower high which is coming for sure, try to buy there. It will be bearish until we're below ema25, then we'll try our best to jump. It won't close over ema200, if it does then it will pump much and much more. First long target will be wma25. Broken down lower bollinger band, now retracing. It isn't a big problem for a shitcoin to pass through ichimoku cloud, so don't worry (bearish itself). No fisher. Laggings (chaikin, moneyflow, rsi, uo, particularly those two) growing in something just like an uptrend with many bearish divergences. But stochastic, which is forming though. Bullish divergences in bearish momentum both on ao and macd, which will form a golden cross then. Accumulating in fear.
Strategy:
Entry: 2854-2594-2003 (the last one is a trial, we don't think it'll get there by now)
Target: 3477-3662-3709-MOON
Stoploss: 8% from entry price (just in case it gets to our last buyzone)
High risk for big gains.
Trade safe. Anlvis.