BCD/BTC Reversal Scenario Thank you so much for reading! Enjoy my TA.
Bcd/btc BUY ZONE :124~130 Target :189~213 Satoshi
Broke the triangle. Hence, I went long with Stop Loss 5543 & Target 5900+
BCDBTC Volume Analysis Prediction Unexpectedly, BCD fell down and updated its minimum. Honestly - for me it was a surprise. But in this falling there is an interesting nuance. Look at the vertical volumes when the price moved down - they are minimal. It mean that it was a large number of small systematic sales, not a panic sale. Then we saw 2 impulse bars,...
Stop Loss at 5650 Target 5350 Yes, I am going short. The price rose very fast twice already. I am wondering if those who made huge profits ends up selling up. Also, would some try to add shorts here? Do Realize that this is very scary to short on a rising market! This is no way any recommendation to buy or short any stocks, crypto or anything. Please do your own research
Bought at current market price. Amount is lower than normal as already there has been large movement as expected. Check my previous charts to see how consistent or inconsistent I have been. Stop Loss I have set at 5385. However, do realize that once price goes above buy price by comfortable margin, I will put my stop loss above buy price. Limit I have set at 5770....
Finally we have activity on the market, volatility increases, that's a good signs. After several growth candles we saw sharp reactions from the resistance zone 0269-0275. It is obvious that in this area there is interest from the big seller. After the last rise, the price could not even reach this area and began to form slow downward structure. Buy: area...
In the previous forecast we talked about buy area 0196-0200. Today the price reached level 0197. But from this level the price showed weak reaction from the bulls, the vertical volume is also low. So the priority remains bearish. For buy position we need to see the true breakout level 0207 (break of the downward structure) or see the bull initiative on the 0192...
After the breakout earlier this week from 20Ksat up to ~27.9k sat and the ensuing correction back to $0.88 or 21-22ksat we see that the price of BCD has since stabilized and has started bringing on higher lows since the big correction. My chart analysis is showing that BCD is set to make a huge move up to test that 27.9k satoshi level again very soon. Long...
Main balance range: 0.8471-0.9725 Mini balance range: 0.8471-0.8750 Priority H1: bull Level H1 for change the priority from bull to bear: 0.8050 If this level will be break down BCD will fall to 0.7065 Enter points: 1. 0.8750-0.8800 area after true bull breakout mini balance 2. 0.8050-0.8248 after false breakdown Targets: 1. 0.9120 2. 0.9720 3. 1.2220 Stop...
Our main balance goes up. But after a sharp rise, the price quickly returned to the upper balance level 0207. We got something like pump and a dump. And now many people asking - and what's next? Technically chart looks bullish - breakout and retest the balance 0187-0207. But current price momentum is bear. I do not recommend to open buy positions while the price...
This is fairly safe buy, because we can consider that BCD finally hit bottom as evident on chart - consider around or under 10% of your portfolio in this
At the moment the price is in the balance with the range 0.7088-0.8446. On the top of the balance we have a bear initiative. On the bottom of the balance you can see a bulls (indicated as circles). Horizontal volumes moved at the bottom of the market. This means that market participants are accumulating their positions. About the medium-term trend up, we will...
We have signs of accumulation. Look at the horizontal volumes - they shifted down. Vertical volumes has also increased. This means that the main activity occurs at the bottom of the market. Big players will not sell on the bottom, right? How to trade now? We have new balance with the range 0187-0207. On the bottom of this balance we indicated support area...
I can not explain why, but something tells me that soon there will be something interesting I do not urge you to buy this review only.
At the moment we still have a bear priority But the price finally reached daily support area 0189-0194. It's a huge area can hold the BCD from further falling. Of course, a lot of things depend on the movement of Bitcoin. What to do now? If you want to buy BCD, you need a confirmation in the form of a breaking of the last balance. To make this true the price...
Out last BCDBTC forecast is still active so we decided to analyze BCD against USD. On the chart we indicated (boxes) active balances. As we seeing, the structure of boxes - descending. At the moment the price reached daily support area 0.65-0.69, but to start buying we need confirmation. How to see it? We need at least one past balance to be canceled, and the...
The price did not reach 1 tick to the indicated earlier support. We expected the price at 0213-0217 area, but rebound started from 0218. Please note that the vertical volume increased at this level and the price showed a bullish reaction. What now? Our main balance has expanded a bit. The range of the balance now 0217-0274. Also we have an another narrow balance...