I told you about Bitcoin Diamond (BCDBTC) recently... Here is a friendly reminder.
BCDBTC just broke out of falling wedge and printed high volume when moving above EMA10.
Prices fell below EMA50/EMA100 just to come back up with force...
This is only the beginning, Bitcoin Diamond can do much more.
We can easily see 100%+.
Bitcoin Diamond (BCDBTC) looks ready to grow now that a long correction is over.
We saw prices declining since July 20, when a peak was hit.
After seeing only bearish action, now we have a break above EMA10 with strong volume and indicators.
If BCDBTC can close above MA200 and EMA200, expect strong/fast growth to take place after.
Conditions for change
Bitcoin Diamond (BCDBTC) already took off and hit a new high compared to February 2020... This is good news for the bulls/green side.
Prices hit a new All-Time Low in late Dec. '19/early Jan. 2020, see the close up below:
With prices trading above EMA10 weekly and strong trading volume coming in... This chart is setting...
Hello guys, this is my opinion about BCD/BTC .
I think the price will keep going up (last target will be the top of the falling wedge pattern).
I just realized that ema20 will cross ema200, and that is usually bullish sign for the next day.
**Not a financial advice**
A diamond chart formation is a rare chart pattern that looks similar to a head and shoulders pattern with a V-shaped neckline. Diamond chart reversals rarely happen at market bottoms, it most often occurs at major tops and with high-volume.
- BTC Ready For Bearish Move, MACD Bearish
- RSI in Triangle
Bitcoin Diamond (BCDBTC) is just starting to go bullish with prices bouncing when EMA100 was hit and now moving above EMA10 and EMA50, this is a bullish signal.
Before prices can go higher, the dotted and full purple trendlines need to be conquered.
MA200 was tested as support with a long-wick, this level is good and shouldn't be tested again until after...
Bitcoin Diamond (BCDBTC) is looking bullish and challenging resistance as I write this... The chances are high that it will break up.
If EMA200 can be conquered, expect prices to start growing right away.
If momentum is lost, there will be a retrace first before the next move.
We are ultimately bullish on Bitcoin Diamond, this one will produce some...
I just shared a chart for Bitcoin SV (BSVBTC) where I explain why this pair can continue growing right away... I am talking about the classic retrace/correction we see after a strong bullish wave.
Just like Bitcoin SV (BSVBTC), Bitcoin Diamond (BCDBTC) has an identical chart.
Take a look at BSVBTC here:...
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Entry: 6577 (actual price)-6513-6457
Target: 6680-6836-6910 (ain't much but that's a honest work) :)
Sell (hodl): +10% upto 20% from here
Stoploss very tighten as it updates every 15 minutes
Trade safe. Anlvis.
Bitcoin Diamond (BCDBTC) is now trading EMA50 while challenging a major downtrend line... As soon as this resistance is conquered, we can expect to see continued growth.
The RSI is super strong now reaching 70 and trading volume is just starting to come in.
When we look at BCDBTC long-term, we can better appreciate the potential profits,...