For this moment we have 2 balances. First balance is wide with the range 0228-0274. Second balance is narrow with range levels 0232-0246. The best opportunities for open buy positions is from the support area 0228-0232. If this area will be breakdown with the high probability the price goes down to the next support zone 0213-0215. But if the narrow balance goes...
Wow. Did you catch this move? It's look like cryptomarket is starting to wake up. A small gift for the New Year holiday. We waited for this almost a year, didn't we? Ok, what's next? We have bull priority. Most likely a new balance will be formed now, we already have 2 borders. To enter the market use the lower border of the balance (0243). If this level will be...
The price reached our support level 0240. If you bought from this level I recommend protect you positions with breakeven stop loss. There are 2 reasons for this: 1. The price showed weak bull reaction and formed new mini pullback level - 0242. 2. The price formed new mini-balance. And if this balance goes down, the price fall to 0216-0220. If you have not bought,...
Bitcoin Dimond long ticker on Binance is BCDBTC
The balance that we indicated last time goes up and showed an up impulse, so now our priority change to the bull. The price met the resistance level 0252 and then showed a pullback. Priority level - 0215. If this level will be breakdown the price will change the priority from bull to bear. At the moment we can buy from 2 key levels. Buy: 0227 (conservative) or...
Unfortunately, the balance, that we indicated on chart last time, goes down. The reason is bitcoin falling and panic seles. On BCDBTC the price showed bear impulse and easily breakdown 0220 - the level witch was a good support after bull reaction. At the moment the price has formed a new small balance with the range 0210-0220. You can carefully open buy positions...
The priority level indicated earlier has been broken. The balance goes down and we have a bear impulse. This impulse is based on buyers' market stops. Where will be the bottom? It's difficult to determine, because the BCD has no historical data below. For now we see a strong price rejection on level 0220. Also on intraday chart we can see a small bull...
After pump and dump the price consolidates in a narrow range 0269-0278. While the price is trading in such narrow balance there is no point in trading. Wait until the price goes out from it. The priority level is still 0252. The buyers must hold this level from breakdown. Otherwise the price goes down. Buy: 0279 (after breakout) Take Profit1: 0293 Take Profit2:...
The chart speaks for itself. If you have questions - comment
BCDUSD have a bear initiative at the moment. The price formed a new mini balance with the range 1.64-1.76. While the price is in balance, we trade only from its borders. Last impulse was "red" and it started from 1.7606. This level is a priority level. If the price will breakout this level, we can open a buy positions. Another buy level is support area...
Yesterday BCDUSD showed something similar to pump. But when the buying positions were closed, the price returned to the starting point of bull impulse. But the priority has not changed, because this key level has not been breakdown. Now we can try to buy again, but your stop must be below support area (indicated on chart). If this support zone will be breakdown,...
Mid-term picture: the price is still in the wide balance range 0252-0361. As long as the price stays inside the balance, we trade from its borders. From level 0351 we saw a bear initiative. It was fixing of previous long positions. We expected that priority level 0280 would be able to keep the price from further reducing. But this level was breakdown. The price...
Latest forecast was right. The pair is in the WIDE BALANCE with the range 0252-0361. Inside this big balance we have one more balance from lower timeframe with the range 0252-0290. While the price is stay inside this small balance we need to trade only from it borders. If this balance goes up we will see an upward movement to the 0339 or even 0361. Priority...
Latest forecast was right. The priority has changed from bear to bull. The price has rebounded from the bottom of the balance, therefore we are waiting for the movement to the opposite side of the balance. Our Outlook for Bitcoin Diamond is as follows: Buy: $1.69 - $1.73 Take Profit1: $1.97 Take Profit2: $2.115 Re-Enter: $1.54 - $1.58 Take Profit1: $1.97 Take...
Due to the fall of BTCUSD, the price of BCDUSD also fell down and reached the lower border of the wide balance 1.5500-2.3715. The price showed a bull reaction on support zone of this balance. But the priority is still bear. To change priority from bear to bull the price must breakout level 1.7775. If this level will be breakout the price will go up to...
more and more convinced that in this q4 will do great things!