I just shared a chart for Bitcoin SV (BSVBTC) where I explain why this pair can continue growing right away... I am talking about the classic retrace/correction we see after a strong bullish wave.
Just like Bitcoin SV (BSVBTC), Bitcoin Diamond (BCDBTC) has an identical chart.
Take a look at BSVBTC here:
You can read it below:
Normally, we would expect a retrace after a strong bullish move, and a retrace here can surely happen but, we are having some signals that are pointing to additional growth without much retrace... Let's take a look at those:
Thanks a lot for reading.
Namaste.
Just like Bitcoin SV (BSVBTC), Bitcoin Diamond (BCDBTC) has an identical chart.
Take a look at BSVBTC here:
You can read it below:
Normally, we would expect a retrace after a strong bullish move, and a retrace here can surely happen but, we are having some signals that are pointing to additional growth without much retrace... Let's take a look at those:
- Prices moved back above EMA10 after a strong rejection on the 3-Feb.
- The volume is really low on the drop.
- MACD and RSI curving strong.
- Higher lows being printed.
- Warning, these signals not necessarily mean that BSVBTC will continue straight up, but that there is the possibility of this happening...
Thanks a lot for reading.
Namaste.
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