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%...
as you know this monster is sleeping, falling wedge is forming since sep 18, found iH&S and already pumped 10%+ from right shoulder
if this iH&S playing 132 is the neckline.
zoom it out to see the falling wedge pattern
there is something interesting if bcd break 360, 5x gap from here
currently waiting for breakout and retest for safe entry or it may go...
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...
Rsi is still at a low, macd slimly trending up, volume worked its way back down, stoch cooling down a bit on the weekly.
Other Indicators I use are showing a preemptive buy on the daily.
The dumping is near complete - most likely prep for potential BTC drop - makes a good long entry for very high risk, very high reward trade.
Looking for 210, 250,...
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,...
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.