Daily Bullish Signal #BRD #BRDBTC (15-09)#BRD (BRD/BTC)
Buy : 5100
Flash Sell : 5300
Short Sell : 5500
Long Sell : 6000-6500
Stop : 4600
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Bread
BRDBTC: a bearish possibility $BRD $BTCLast time we predicted correctly BRDBTC bottom at 4200sat using fibo extension. After that, BRD rallied to 6100sat and double topped there. Now we might lose 4600sat support and if we use the same tool we used to predict a new bottom, that will be 3000sat. If you like the project with its fundamentals, it will be an amazing area to buy for longterm. I dont know if we are gonna get there
Turn Your Bread into Buttery Toast w the ETH Toaster
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Get your fresh bread out folks, we've reached a critical point in the market. We've been getting our bread burnt for so long many of us are giving up on toasters. This all-time negative toaster sentiment is a psychological signal to the end of the times of burnt toast, for soon there will be butter and toast to be shared all around.
In the short term, breakouts above 420, 650, and 800 levels will forecast how much butter is in our future. A breakdown from any level below 650 could signal a butter trap and take us back down to burnt toast.
However should we break 800 in the long term, expect butter and golden toast to ATH.
Should we break all time high hop on tha mothafuckin butter rocket we goin to the moon... and guess what, they got Jesus toast.
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Buyzone on BRD according to fib extensionShort play on BRD, along most altcoins atm. I like BRD project and i am willing to fill my bags above 4200 sat area, which is the continuation of the last downtrend movement
Bread BRDBRD/BTC downtrend, pennant & flag give us the sell signals. RSI looks for some up-movement. Firstly, BRD can reach the resistances of the figures, then go down by Fibonacci levels.
$BRD/#BRD Short-Term Long From Area of SupportBRD Looking good here for a low-risk long and a tight stop-loss. I like BRD from this area of support. It's been trading in this range for a while and I think with alts cooling off across the board, this is a good add with low indicators.
Bread Coin Moving HigherBread coin has found the bottom at $0.4, where it has rejected the uptrend trendline cleanly. This could be the continuation of the long term uptrend, but for this at least one more confirmation is required.
BRD/USD is currently trading at 50 Moving Average, which could act as a resistance. But when price will close above it, BRD is very likely to continue moving higher. The nearest upside target is at 38.2% Fibonacci retracement level, that is $0.6. This resistance corresponds to the 2/1 Gann Fan trendline as well as previous levels of support and resistance.
If Bread coin will break above that resistance, it could trigger stronger moves upwards and potentially might result in price producing a new all-time high. On the other hand, break below the $0.4 support would invalidate bullish outlook and could send price lower.
BRD/BTC Cup and Handle DipWe are in the buying zone right now. Every coin out there making CH formation so we can't be sure which one will play out like it should be. In this case we have an increase in volume and TD Buy signal is confirmed. I recommend swing trading this coin, it will make much more gains with swinging and daytrading strategies. The project is not a big problem solver or world changing idea so long term hodl would be foolish. Always trade with SL and don't forget to hitting the like button guys happy trading! :)
BRD/BTC bullish breakout possibility If BRD gets more volume we can expect moon. My resistance and fib lines
Watch BTC movements, it can always mess up alt charts
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.
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.
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Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
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
BRDBTC30 min
RESISTANCE LINES:
Black - 1 day resistance
Orange - 4 Hour resistance
Red - 30 min resistance
SUPPORT LINES:
Blue - 4 Hour support
Green - 30 min
DIRENC CIZGILERI:
Siyah - 1 günlük direnc
Turuncu - 4 saatlik direnc
Kirmizi - 30 dakikalik direnc
DESTEK CIZGILERI:
Mavi - 4 saatlik destek
Yesil - 30 dakikalik destek
Bread Potential Easy %15 ProfitIt has been trending same way for couple of weeks now. RSI and MACD looking nice but we'll see if we can bounce from the previous support line. It is a shitcoin so unstability is in its nature. I'm giving %15 and %20 sell orders it's usually a pump and dump so it is hard to catch. Trade with SL and be cautious, BTC may effect this trade at the weekend.
BREAD [BRD]www.tradingview.com
We "achieved" ICO price level in USD. We are now in ATL sat level. RSI bounced back from the bottom of the channel and is turning up and MACD is ready to cross it and up too.
Entry level: 8200 sat or less
Stop-loss: 7600 sat
Target 1: 9100 sat
Target 2: 10 600 sat
Target 3: 11 500 sat
Target 4: 12 500 sat
Disclaimer
This is not finanancil advise, just my personal
Cheers,
CY