Priceline of Bitcoin Diamond / Bictoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss. I have used Fibonacci sequence to set the targets: Buy between: 0.00006042 to 0.00005892 Sell between: 0.00006158 to 0.00006440 Regards, Atif Akbar (moon333)
Bitcoin Diamond (BCDBTC) is breaking out of downtrend and trading above EMA10. We see many of the Binance altcoins moving and gaining momentum. Those that already moved up are having short retraces and resuming their growth... Bitcoin Diamond can easily move as well. The RSI is already above 50 and moving above resistance, can easily move higher. Multiple...
Hello my dear cryptocurrency lovers, traders, and profit masters... Today we would like to share a trade signal for the highly volatile Bitcoin Diamond. You can find all the details on the chart above and by looking at the numbers below... Enjoy. ------------ PAIR: Bitcoin Diamond (BCDBTC) ENTRY: 0.000078 – 0.000085 TARGET: (1) 0.000094 (2) 0.000100 (3)...
Hi, everyone. Today I want to show you something interesting. Look at BCDUSD chart - 4H. What I see: 1. Long balance structure (the more the balance is formed, the farther the pump will be) 2. Look at the point 1, 2 and 3. At hits points the price showed a big volume, but the reaction wasn't bear. It means that this volume wasn't a bear initiative. Because if it...
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...
Bitcoin Diamond (BCD) Overview Bitcoin Diamond (BCD) is a hard fork of Bitcoin. The fork occurring at block height 495866, implemented changes including a new proof of work algorithm to deter attacks on the network and segregation of transaction signatures from transactions on the chain for additional capacity allowing a greater number of transactions per...
All past month BCD was losing in value. Even when the total market was rising, BCD falling. It is hard to say what it is connected with. Fundamental news on the coin is good, but the price is not growing. But now the price has come to the area where it is very profitable to buy. Practically BCD near the historical minimum. As soon as the price will close and hold...
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%...
BCD/BTC Reversal Scenario Thank you so much for reading! Enjoy my TA.
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...
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,...
I drew 2 possible options on trading BCD. It has positive signs on trend reversal and stayed strong during the BTC breakout. Extra information can be found in the chart.
Last time we said that if the price will show breakdown 0217-0219 area by impulse, the price goes to 0201. And actually it happened. The price failed to hold above 0236 and then reached 0201 in next week. This is the level where the last pamp was from. And now the price will either show a sharp increase again, or it will stand in consolidation. The second option...
Finally we have activity on the market, volatility increases, that's a good signs. After several growth candles we saw sharp reactions from the resistance zone 0269-0275. It is obvious that in this area there is interest from the big seller. After the last rise, the price could not even reach this area and began to form slow downward structure. Buy: area...
On the short term, when climbing our of the triangle i see the purple line, weekly start of a downtrend as first resistance. From there it should be steaming down for a bit and, maybe retrace to the triangle again, after that every downtrend on the higher timeframes is broken, and expecting some extreme gains in the upcoming months
Everything is right in the chart. Buy = green area Sell = Red resistances Patience is key!