BCDBTC Volume Analysis Prediction 04/25/2019
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, interpreted as a bull initiative.
But despite growth, priority remains bearish. To break it, the price need to breakout 0204.
Buy1: 0178-181 (with confirmation)
Buy2: 0170
Take Profit1: 0204
Take Profit2: 0214
Take Profit3: 0228
Stop Loss 1-2%
Priority: Bear
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, interpreted as a bull initiative.
But despite growth, priority remains bearish. To break it, the price need to breakout 0204.
Buy1: 0178-181 (with confirmation)
Buy2: 0170
Take Profit1: 0204
Take Profit2: 0214
Take Profit3: 0228
Stop Loss 1-2%
Priority: Bear
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.