BRD/BTC (Potential Double Bottom?)BRD/BTC
-Bread coin tested the previous key support at 1000 range
-The price recovered by more than 20% increase
-We can also see a Bullish RSI divergence
-This is an indication that the selling pressure has decreased
-If this will be a potential Double bottom reversal
-The initial upside target is up to the recent top 1600 sat
-We don't want to see this coin breaking 1000 sat support
-Because the potential Bullish structure will be invalidated
-And new price discovery will happen again
Brdbinance
BRD/BTC TA Update (Bullish pattern in the making?)BRD/BTC
BRD bounce off at the bottom trendline support and previous swing low last August 2019 trading history.
If this bounce failed to break the trend-line resistance at 2300, we may see a healthy pullback between 2100-1900.
That zone will be a good opportunity for long entries provided the market will be stable and out of fear.
A stop-loss will be below the previous wick at 1700.
BRDBTC Shaky cup and handleBRDBTC looks as if its setting up for a big move that has not been seen before, with the development of this cup and handle formation. Whether it will be a huge pump and dump i really dont know. Very shaky cup and handle, tea most likely spilt.
BRDBTC has completed shark|Upto 213% gains expected.The priceline of Bread / Bitcoin Cryptocurrency has formed a bullish shark pattern.
RSI is oversold.
The price action is entered in potential reversal zone even giving spike beyond the the PRZ area and hitting at pivot 1st support.
From here the price action will move up to hit the sell targets insha Allah.
The targets are:
Buy between: 0.00004700 to 0.00003546
Sell between: 0.00005907 to 0.00008403
Regards,
Atif Akbar (moon333)
$BRD Pumped Two Days Ago, I'm Literally Shock! Next Analysis?Well i'm pretty much shock after somebody message me for a request to look after BRD chart. It already pumped exactly to my resistance line just two days ago. I manage to make a private analysis on other platform coinigy, around July and mark my target. Pretty nice, cause i did believe in that day it was pretty much bottom price of it.
As you know BRD was named as Bread, right now they're just use BRD for the ticker and token name of their project. BRD is wallet. Quite famous wallet and having a lot of good project listed. They're not randomly picking project to be listed. That part that i love the most! Plus i love the design of the wallet and their website.
Another analysis from fundamental part is that they only have 88,862,718 total supply and all of them already on circulating. This is one of my consideration from picking a long-term-blue-chips-project holding. I know, i trade shit-coin too and this factor can't really work on picking shit-coin, just use different strategy for that. But, for the blue-chip, BRD is suit my criteria and can give em a really nice personal score for that.
From the chart you can see that the price is pretty much bottomed, but... the whale already trying to put some attention here. They need some volume to drop the bags. Probably a "REAL" pump will coming, i don't know when will the time but, things i can tell you. 4400 - 4700 sats is a discount, 4700 - 4900 when most early retails and some whale holding the price and pretty much they are accumulating here. And if the price still below 6000 sats, it's still worth buying. up above is a selling zone.
I write this while i'm enjoying my Oreo taste Cornetto, this is sweeeet! just like BRD that pumped that i don't really put attention on it because it's really a slow market and quite stable in satoshi prices. :) Thanks to my follower.
If my ideas helps you, give it thumbs up, shares, comments and follow me. Thanks a lot!
