BCDBTC - Volume Analysis Prediction 07/25/2019
The price has updated the historical minimum. From one side - it's bad for project, but for another - traders have a good opportunity to buy asset at a good price.
Technically we have a balance structure with the range 074-087. Every rebound from the resistance level is weaker than the previous one. It means that buyers increasing their pressure. But we need to wait for confirmation. The best option - wait for true breakout resistance zone 085-087. Whet it happen, we can buy BCD on retest the balance level. Your stop loss shouldn't be more than 4-5%.
Technically we have a balance structure with the range 074-087. Every rebound from the resistance level is weaker than the previous one. It means that buyers increasing their pressure. But we need to wait for confirmation. The best option - wait for true breakout resistance zone 085-087. Whet it happen, we can buy BCD on retest the balance level. Your stop loss shouldn't be more than 4-5%.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.