BCD was one of our previous spot holdings which we took profits at 850% !
Now is time for a update as things are starting to look interesting again. the market since making a large correction has found support at the 0.786 fib and once again started to make a new sideways re accumulation, inside the sideways channel we can see the market is possibly forming this...
Bitcoin Diamond price right now is $ 2.78 with a 24-hour trading volume of $ 8.24M, market cap of $ 518.45M, and market dominance of 0.02%. The BCD price decreased -1.06%in the last 24 hours.
Bitcoin Diamond reached its highest price on Nov 25, 2017 when it was trading at its all-time high of $ 109.42. The lowest price since it's ATH was $ 0.253484 (cycle low)....
We have a very nice buying opportunity at the prices between the price of 1.95 and the price of 1.85, there are high trading volumes and the demand for the currency, so the level is the focal point of the BCD as we saw before the rise to the price of 11.50 that it has been based on it several times, which confirms to us. The strength of the perpendicular level
Possible W formation upon bouncing to the daily support (Green box).
We have to take out the Fibonacci Golden Zone Area at around $6 previously support area.
Short term target around $7-8 area to fill the order block
& come back down for a retest of the Golden Zone at $6 Area for further continuation to the upside