The price reached our support level 0240. If you bought from this level I recommend protect you positions
with breakeven stop loss.
There are 2 reasons for this:
1. The price showed weak bull reaction and formed
new mini pullback level - 0242.
2. The price formed new mini-balance. And if
this balance goes down, the price fall to 0216-0220.
If you have not bought,...
We indicated on the chart active areas which could be interested for opening long positions - 0150, 0134 and 0125.
Pay attention on price reaction at 0150. If this level would be breakdown with a high probability we will see a price fall to 0134.
The priority is bull now. So we expecting a further growth to the 0169 and 0180.
Stop loss should be no more than 1-2%...
BCDBTC Volume Analysis Prediction
Unexpectedly, BCD fell down and updated its minimum. Honestly - for me it was a surprise.
But in this falling there is an interesting nuance.
Look at the vertical volumes when the price moved down - they are minimal.
It mean that it was a large number of small systematic sales, not a panic sale.
Then we saw 2 impulse bars,...
Finally we have activity on the market, volatility increases, that's a good signs.
After several growth candles we saw sharp reactions from the resistance zone 0269-0275.
It is obvious that in this area there is interest from the big seller.
After the last rise, the price could not even reach this area and began to form slow downward structure.
At the moment the price is in the balance with the range 0.7088-0.8446.
On the top of the balance we have a bear initiative.
On the bottom of the balance you can see a bulls (indicated as circles).
Horizontal volumes moved at the bottom of the market. This means that market participants are
accumulating their positions. About the medium-term trend up, we will...
Bitcoin Diamond is very stable coin against USD, but if to look on it against BTC, as well as most of the coins, it decreases with the growth of Bitcoin. This is due to the fact that people sell altcoins to buy BTC or ETH.
If you look at BCDBTC chart, you can see that after each attempt of growth, people begin to sell quickly.
Often these are traders who bought...
Last time we said that if the price will show breakdown 0217-0219 area by impulse, the price goes to 0201.
And actually it happened. The price failed to hold above 0236 and then reached 0201 in next week.
This is the level where the last pamp was from. And now the price will either show a sharp increase again, or it will stand in consolidation. The second option...
$BCD (I dont like this asset) has a HUGE potential right now if it catch enough traction....
UCTS buy signal on the 1/2D
Volume rising since Bitcoin pumped
Waiting for 255sats to break could be a good entry with 1st target as ~360sats, from there there is a 5x+ gap..
Just two weeks ago Bitcoin Diamond (BCDBTC) had a strong breakout which produced a nice 67% profits, after which a classic retrace started...
Take a few minutes to hit like now, if you want to, and let's take a look at the signals coming from the Bitcoin Diamond chart.
BCDBTC's price retraced all the way down below EMA10 and EMA50 and also almost reached 1 Fib....
In the previous forecast we talked about buy area 0196-0200.
Today the price reached level 0197. But from this level the price showed weak reaction from the bulls, the
vertical volume is also low. So the priority remains bearish.
For buy position we need to see the true breakout level 0207 (break of the downward structure) or see the bull initiative on the 0192...
Main balance range: 0.8471-0.9725
Mini balance range: 0.8471-0.8750
Priority H1: bull
Level H1 for change the priority from bull to bear: 0.8050
If this level will be break down BCD will fall to 0.7065
1. 0.8750-0.8800 area after true bull breakout mini balance
2. 0.8050-0.8248 after false breakdown
- BTDBTC prepares for bullish cross 10 day over 200 day
- RSI is bullish but not oversold
- Currently rests at double support of 100 day MA and 0.786 Fib
- What is your sell target?
Please comment below!
Like and follow and I will share some targets if people are interested.
Thank you for reading
After the breakout earlier this week from 20Ksat up to ~27.9k sat and the ensuing correction back to $0.88 or 21-22ksat we see that the price of BCD has since stabilized and has started bringing on higher lows since the big correction. My chart analysis is showing that BCD is set to make a huge move up to test that 27.9k satoshi level again very soon. Long...
Our main balance goes up. But after a sharp rise, the price quickly returned to the upper balance level 0207.
We got something like pump and a dump.
And now many people asking - and what's next?
Technically chart looks bullish - breakout and retest the balance 0187-0207.
But current price momentum is bear. I do not recommend to open buy positions while the price...