Updated
BCDBTC Volume Analysis Prediction 11/30/2018
The price reached our support level 0240. If you bought from this level I recommend protect you positions
with breakeven stop loss.
There are 2 reasons for this:
1. The price showed weak bull reaction and formed
new mini pullback level - 0242.
2. The price formed new mini-balance. And if
this balance goes down, the price fall to 0216-0220.
If you have not bought, wait until the balance goes
up or down. If up, buy at retest, if down, wait for the support level below.
Buy: 0251 (after breakout)
Take Profit1: 0268
Take Profit2: 0294
Re-Enter: 0216-0220
Take Profit1: 0237
Take Profit2: 0262
Take Profit3: 0294
Stop Loss <1%
Priority: Balance
Final Signal: Buy after breakout 0251
or re-enter 0216
with breakeven stop loss.
There are 2 reasons for this:
1. The price showed weak bull reaction and formed
new mini pullback level - 0242.
2. The price formed new mini-balance. And if
this balance goes down, the price fall to 0216-0220.
If you have not bought, wait until the balance goes
up or down. If up, buy at retest, if down, wait for the support level below.
Buy: 0251 (after breakout)
Take Profit1: 0268
Take Profit2: 0294
Re-Enter: 0216-0220
Take Profit1: 0237
Take Profit2: 0262
Take Profit3: 0294
Stop Loss <1%
Priority: Balance
Final Signal: Buy after breakout 0251
or re-enter 0216
Note
Update BCDBTC 12/03/2018Note
BCDBTC Volume Analysis Prediction (update 12/05/2018):Our balance with the range 0237-0257 goes down.
It means that with the high probability the price will reach
the support level 0223.
But if the price movement won't go further down
and the price returns to the balance (false breakdown),
we can immediately buy from 0236.
Buy: 0236 (after false breakdown)
Take Profit1: 0257
Take Profit2: 0294
Re-Enter: 0216-0220
Take Profit1: 0237
Take Profit2: 0257
Take Profit3: 0294
Stop Loss <1%
Priority: Balance
Final Signal: Buy after breakout 0236
or re-enter 0216
Trade closed: stop reached
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.
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.