BRDBTC looks as if its setting up for a big move that has not been seen before, with the development of this cup and handle formation. Whether it will be a huge pump and dump i really dont know. Very shaky cup and handle, tea most likely spilt.
The priceline of Bread / Bitcoin Cryptocurrency has formed a bullish shark pattern.
RSI is oversold.
The price action is entered in potential reversal zone even giving spike beyond the the PRZ area and hitting at pivot 1st support.
From here the price action will move up to hit the sell targets insha Allah.
The targets are:
Buy between: 0.00004700 to...
Hello fellow charters/traders,
!!This is just a trading idea and not trading advice!!
And i'm a dutch guy so my english writting ins't that well.
Followed a trading course and have been reading some books about trading and wanted to share my idea.
Why is BRD-BTC so interesting at this moment?
In the last few days we've seen some interesting developments in...
BRD price action is no longer following downtrend (purple trend lines) and it is starting to perform an iH&S at a supposedly bottom of this trend. Along with that, if the iH&S confirms (neckline breakout above 7k sat), we will likely see as well a golden cross (50MA-orange over 200MA-red) on the 4H chart, and a new uptrend movement.
Fundamentals are good: Ethereum...