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...
