Volume precedes price w/ Bread Token (BRD)
With many signs pointing towards a bullish cycle for altcoins (ETH/BTC strength, BTC dominance breakdown, DeFi fever, NASDAQ mania etc.), it's important to look for clues on the chart that point towards an asset being ready to move.
Otherwise you risk sitting in a stagnant position through a multi-week bull cycle,...
Today I want to share a coin for the medium-term trade.
- Trading volume is growing
- In accumulation zone
- Reversal pattern
- Increased by 30% from the bottom
- Low cap
Best regards EXCAVO
Diamond reversal or continuation or Wedge pattern?
These alt coins do make it challenging.
I'll be stalking this and if it breaks through one of these patterns, either short or long it.
If its ALT season, then this has alot of space at the up end.
4 HRLY chart
BRD Bread has found a lot of support at 1100 sat. now it gained a lot of volume and momentum on it`s side.
The indicators show a buying opportunity.
First target is 2500 satoshi for 80% profit.
It has a marketcap of 12 mil usd from a high of 166 mil. a lot of room to grow.
Not trading advice.
P.M. to send you some accurate buy and sell indicators.
After 6 months BINANCE:BRDBTC has finally managed to break above the MA50 on the daily chart, after it beautifully retested it we are expecting this to go a really long way.
Target 1: 0.00001746
Target 2: 0.00001990
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Pushing above ~1350sats resistance level w/ UCTS Buy signal across multiple timeframes..
Volume showing really good activity over the last days...
A break over this level (potential R/S Flip as confirmation) can allow continuation toward ~1600/2000 sats
BRD/BTC is the best ALT you should buy on DIP
the only one that has not moved yet(except newly listed coins)
after a big fall, finally it has found support at 1000
the chart's pattern is a big falling wedge
RSI is oversold and has started to rise
WR is on the lowest level
volume is increasing
STOCH is rising
Buy 1050 - 1350
Target 1 1600