Take a few minutes to hit like now, if you want to, and let's take a look at the signals coming from the Bitcoin Diamond chart.
BCDBTC's price retraced all the way down below EMA10 and EMA50 and also almost reached 1 Fib. retracement. Soon after, a showed up which is signaling the end of this move.
Bear is really low and the remains strong.
All these signals are telling that this retrace might have come to an end.
Looking at the chart below, if we aim for EMA200 and EMA300, we are looking at 160% to 390% profits potential respectively on the next wave. Here is the chart:
The first barrier (resistance) to break is the 207-213 range, a strong close above it, and a new wave can start.
This is a friendly reminder. I will be riding this wave and see how it goes.
If you have any questions or anything to share, feel free to use the comments section below. I am always happy to read comments and all feedback.
Thanks a lot for reading.
This is Alan Masters.
Enjoy the profits.