PolarHusk

BCD/BTC TA Update (Pump and Dump?)

Long
BINANCE:BCDBTC   None
BCD/BTC

BCD is somewhat acting the same with BTG, both coins pump so hard sending the RSI to hit the overbought conditions on a single candlestick.
BCD also manages to break 200D MA key resistance which indicates strong buying pressure. But let's not forget that during its strong uptrend,
no significant support is built in between. Don't be surprised the price might crash over 20-30% down before it continues upward.
BCD is currently trading inside the key resistance area and it is not safe to open a Long position as the market is highly volatile.

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