This is an Analysis for Bitcoin Diamond on a Monthly timeframe including both the USD and BTC pairs
On the left (USD pair) a test of the middle band can be seen, this will likely be a point of support for bulls, as seen in the past
On the right (BTC pair) a test of the bottom band can be seen, I have included a sketch of how I think the channel will play out...
as we can see the coin has done its accumulation phase and started its Rally where as we can predict 3 TPs by Fibonacci projection.
the 1 TP is the immediate Target if the current Resistance area breaks and turns to Support,
if on the same impulsive wave after the 1 TP, we Triger the 2TP which is the extension level i.e. 161.8%, then we can be optimistic about the...
Coin from a shady past, but currently reforming a healthy community.
Besides that - all we need to know for this trade is in the chart.
- After a years-long descending wedge, paired with raising volume (bullish divergence), price broke out and retested, forming a smaller wedge
- RSI is forming higher highs on lower timeframes despite price has registered other...
The 3500sts zone is a very important support zone and we could expect a recovery (by some flash pumps) to 4500sts and 5500sts or even higher in October. But if it keeps falling down, the expected target will be 2750sts zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.000035BTC zone
🔴Buy : 3500sts
🔴Sell : 4500sts - 5500sts
📉BLUE PLAN
♻️Condition : If 1-Day...
2$ is best price to buy. If you don't fear when price down to 2$ you can buy now 2.45 $ and hold. We can have big profit when price go to 10$. Price can go to 15 - 18 $ but 10$ is reality target.
#BCDUSD
buy now
if $BCD just touch the descending resistance line it would be 130% increase from here.
and if break this resistance and form the cup and handle pattern it will have 550% increase 🚀🚀
Bitcoin Diamond price right now is $ 2.78 with a 24-hour trading volume of $ 8.24M, market cap of $ 518.45M, and market dominance of 0.02%. The BCD price decreased -1.06%in the last 24 hours.
Bitcoin Diamond reached its highest price on Nov 25, 2017 when it was trading at its all-time high of $ 109.42. The lowest price since it's ATH was $ 0.253484 (cycle low)....
If it tries to test the highs again we are looking at a major bag alert.
I’ll have to do a little more research on it, but It’s hard for me to believe a fork of Bitcoin that has been bought up this hard in the past will stay down forever.
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
Hello trading friends,
We have a MAIN coin of the coming time, and as you can see also on the profile picture it's a Bitcoin diamond.
Bitcoin diamonds are the first bitcoin coin with NFT possiblity.
# we expect it's only about time before the first whale entering will be on bitcoin diamond.
We did study this coin on all areas also on ETN tool, and it shows a...
Hello trading friends,
I hope you had a great day.
And here we come with a new main coin BCD. bitcoin diamond would be normally not the first choice, and we know that well. but there are signals into the trend that shows BCD about to increase huge, and possible double to 5usd+
# we did add more coins before and most of them did increase after the update.
we...
