Joeyqt

BRDBTC - Alt Coin TA Potential

Long
BINANCE:BRDBTC   None
Divergence on the CCI & Fisher hourly chart after BRD's huge pump suggests another upwards trajectory could be on the way. The price has returned back to its original starting place, after clearing a 100% spike. Now sitting at the bottom of the VWAP & Fibbo extension price range but slowly pulling upwards from the bottom. The 2 target zones would mean a 30-40% & 100% profit margin available. Cuation on this being an hourly chart, but a close stop loss of just 2% minimises any risk at this entry point, especially with the coloured EMA/SMA flipping to the bullish yellow.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.