BCDBTC is getting ready to move back up after double bottom on a very strong support at 205sats. Target is around 255sats with a possible continuation move move to 265sats back to the 0.382 Fib Level. Daily Volume for this coin is EXTREMELY LOW currently so even a little bit of inflow of capital can drive this coin up fast.
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....
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...
Welcome to this updated analysis on BCDBTC Let's get right to it!
would be equivalent to a rise of 160%~360% Therefore, if 0.00028 can hold support line
A breakout above the trend line would cause Bitcoin Diamond to rally to about 160%~360%
I expect to see a breakout to the upside.
For more content, be sure to hit that...
I will let the chart do the "talking"...
We have Bitcoin Diamond (BCDBTC) bottomed out and printing its biggest volume since it crashed back in September, which can lead to some bullish action.
BCDBTC RSI is still oversold but trending up.
Challenging EMA10, this altcoin has huge income potential according to this chart (TA wise).
Note: This is not a piece...
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.
The BCDBTC is again entered in buying zone of gartley pattern and ready to hit the sell targets soon insha Allah.
The targets are:
Buy between: 0.000234 to 0.000213
Sell between: 0.000251 to 0.000291
Atif Akbar (moon333)
Diamond's name is very fitting, a diamond in the rough. People can't figure out if this is a Sh**Coin, btc clone, POS or something that is any good.
What are your beliefs? i can tell you one thing- If this thing turns out to be good the telescopes will be unveiled. The power building on BCD could
be out of this world. OR it is a SH**Coin. Either way it is very...
$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..
Rsi bull on the neutral zone with a bullish reaction. Volume increasing and high manipulative coin. I would stay careful because its a big shitcoin but he may be speculative.
That still is a high risk trade to be honnest, but indicators are showing bullish signs.