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BRDBTC

BREAD! NO RISK NO GRAIN!Hello Traders, As you probably realized from my analysis, I am quite interested in small project (under 100 million dollar market cap) and Bread is definitely one of the projects that I am willing to invest in long term. Those small project are definitely high risk investment, but hey high risk high grains right?? Looking at the 4 hour chart, BRDBTC just completed its inverse head and shoulders pattern on April 30th and it is time for take off. Inverse H and S breakout is confirmed as we saw sudden surge in buying volume. Currently, BRD came back to the neckline in order to reinforce this level as a major support. I will invest in this project as long as BRD bounces upward at this level. The target of inverse head shoulders pattern is the distance from the neckline to the bottom of the head, which is indicated in dark green color: 12K Satoshi (roughly 50% profit in next few weeks or so!) Happy trading!
B
by x45lu
Bread VS Bitcoin Resistance To WatchBread token has found the bottom at 4800 satoshis and started to move upwards. While BRD/BTC has been ascending, the price moved withing the uptrend trendline, rejecting it multiple times. At the same time it continues to produce higher highs and higher lows suggesting the beginning of an uptrend. There are two major resistance levels to watch, first is at 38.2% Fibonacci retracement level, that is 11k satoshis, second and key resistance is at 76.4% Fibs, that is 17.2k satoshis. Break and close above second resistance could send Bread token to the stars, while if rejected, a strong correction is very likely to take place. On a downside, the uptrend seems to be obvious, although price could retrace back, down to either the uptrend trendline, 50 Moving Average, or in the worst case could form a double bottom at 4800 satoshis prior to moving higher.
BLong
by CryptoPAMM
C&H on BREADPossible Cup & Handle forming on BRD. A break above resistance at 0.000087 can confirm it. TK cross on daily Ichimoku is also happening. RSI not looking great but in these times RSI gives less indication. I have placed approx Fib targets. This is a low cap coin so volatility can be expected. Remember: If the Tenkan/Conversion line (Blue) crosses back under, the resistance is too powerful and the trade is invalid. Likes and comments are welcome! Not trading advice.
BLong
by RoyalOakFI
BREAD - Buy Opportunity - 38% ROI - 4:1 Risk/RewardBRDBTC appears to be in the accumulation phase after a length time in the doldrums. There have been a number of failed breakouts higher and is starting to squeeze at the base of the accumulation zone. This is a trade opportunity for those that trade, not necessarily HODL. However this is a good opportunity to buy LOW. Reasons why I will enter a short term long position using a stop-limit order: 1. Breakout triangle forming at base of consolidation zone 2. Tight squeeze with previous failed breakouts 3. High return on investment (38%) with 4:1 risk/reward Enjoy. You can now follow me on Steemit: steemit.com Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
BLong
by hedgewithcrypto
BRD looks ready to begin a new uptrendBRD price action is no longer following downtrend (purple trend lines) and it is starting to perform an iH&S at a supposedly bottom of this trend. Along with that, if the iH&S confirms (neckline breakout above 7k sat), we will likely see as well a golden cross (50MA-orange over 200MA-red) on the 4H chart, and a new uptrend movement. Fundamentals are good: Ethereum wallet coming next week. ERC20 beta coming in april and waterfall reward system after that In blue: support/resistances
BLong
by DoctorKayle