CDT/BTC (Testing 200D MA Dynamic Support?)BINANCE: CDTBTC
-Blox is now testing major support at 61 sat area
-This zone is also a confluence of previous support and resistance
-Plus the 200D MA dynamic support coincide around this area
-If CDT can hold this area and BTC doesn't fall further
-There is a chance of an upside correction up to 90 sat potential resistance
-Ideal stop loss is set below 59 sat
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CDTETH
CDT/BTC (Bullish Breakout: uptrend continue?)CDT/BTC
-broke above 200MA on the 6H chart
-huge bullish volume is present
-upside target is up to 70 sats
-stoploss below 47 sats
CDT/BTC (Bounce at key trend-line support?: up to 90% profit)CDT/BTC
CDT is trading within the trendline support at 46 sats area.
This is a good potential bounce play if CDT can hold this current price levels in the coming few days.
The upside target is up to 90 sats and stop-loss below 39 sats.
CDT/BTC TA Update (Bounce again at key support?)CDT/BTC
CDT is back at key support and testing it for the 3rd time now. If the price can hold this level as support again,
I expect a potential bounce up to the down-force resistance for another retest.
Otherwise, fail to hold this important support will cause massive selling pressure.
Blox ($CDT) - up to 779% PPT! Long term trade.$CDT is in accumulation phase and showing clear bullish divergence on daily MACD.
It has a working product, decent PPT and great supply/price ratio.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!