alanmasters
Long

Cindicator Shows 3940%+ To All-Time High, Bottomed Out Now!

BINANCE:CNDBTC   Cindicator / Bitcoin
Let's start by looking at the long-term chart on the weekly timeframe , see this:
From current prices to ATH we have over 3900% potential profits... Now, let's take a closer look.

We have multiple interesting signals on the main chart, we are looking at the daily timeframe here, let's get started!

  • First, a strong bullish wave took place from Oct. until Dec. '19, peaking at 111%+.
  • A strong correction followed and prices found support at 78 satoshis... This support level has been holding since the 23-Dec.
  • Volume came to a halt, signaling that the drop lost its momentum.
  • Now we are seeing EMA10 being challenged but still with low volume .

Price action
If CNDBTC manages to break EMA10 on good volume , then it can start to grow from here (blue arrow).

But if instead EMA10 can't be broken, we are likely to see prices moving lower before they move up (red arrows). On a drop , we still remain bullish and expect a very strong bounce/reversal as long as prices remain above 53 satoshis. If the 53 satoshis support is broken, we switch our perspective from bullish to bearish .

Thanks a lot for reading.

Namaste.

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Comments

Looks like the psychic was right about Bitcoin Diamond!
Reply
alanmasters TradeProUnltd
@TradeProUnltd, That's what I thought as well. Your psychic was right.
Reply
TradeProUnltd alanmasters
@alanmasters, I saw him again today and asked about $XVG! He said XVG will bring much money in the month of February! Can you do a chart for XVG please? I'm kind of trusting this guy now haha!
Reply
Thanks Master
Reply
Hello Master,

Please could you be so kind as to post a chart on Bitcoin Diamond (Binance) $BCD. I would love to see your thoughts. I had a phsycic reading by a Clare voyance who said it would be the coin that went from last in the race to 3rd or 4th. I'm curious to know what the charts speak. Thanks so much
Reply
alanmasters TradeProUnltd
@TradeProUnltd, Sure... I will get take a look.
Reply
TradeProUnltd alanmasters
@alanmasters, your so kind. Thank you
Reply
alanmasters TradeProUnltd
@TradeProUnltd, Right now BCDBTC is aiming straight down... No signals so far.

I will check again in a few weeks.

Thanks for the continued support.



Namaste.
Reply
Da_marvelous1 alanmasters
@alanmasters, could you do a signal on Wanchain Master Allen ^_^
Reply
TradeProUnltd alanmasters
@alanmasters, BCD up 6% on daily candle.... Please could you do a chart. Thanks
Reply
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