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BRDETH on D TF, after the breakout will go up
⬆️Buy now or Buy at 0.0000460
⭕️SL @ 0.0000430
✅TP1 @ 0.0000550
✅TP2 @ 0.0000668
✅TP3 @ 0.0000835
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💎Technical Analysis Summary💎
BINANCE: BRDBTC
-BREAD confirmes the Bear flag pattern after failing to hold its key support
-It also retests the previous support area and confirms new resistance
-The market is full of Bearish price action and strong selling pressure
-If the downtrend will continue the next few days
-The potential support below is the reverse Fib...
BRD/BTC
-Bread coin tested the previous key support at 1000 range
-The price recovered by more than 20% increase
-We can also see a Bullish RSI divergence
-This is an indication that the selling pressure has decreased
-If this will be a potential Double bottom reversal
-The initial upside target is up to the recent top 1600 sat
-We don't want to see this coin...
BRD/BTC
BRD bounce off at the bottom trendline support and previous swing low last August 2019 trading history.
If this bounce failed to break the trend-line resistance at 2300, we may see a healthy pullback between 2100-1900.
That zone will be a good opportunity for long entries provided the market will be stable and out of fear.
A stop-loss will be below the...
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line (I don't recommend you to sell in loss.)
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell when you get some profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are...
Hello,
You guys are looking at a 4H chart for BRD. As you all can see, the price of BRD has been hovering between these two channels as you can see. Also, it has been rejected to break this channel multiple times. Even it tried yesterday, Apr.30, 2018, to break the channel, but it failed and BTC also is in its correction. Let's see what happens after BTC's...
BRD price action is no longer following downtrend (purple trend lines) and it is starting to perform an iH&S at a supposedly bottom of this trend. Along with that, if the iH&S confirms (neckline breakout above 7k sat), we will likely see as well a golden cross (50MA-orange over 200MA-red) on the 4H chart, and a new uptrend movement.
Fundamentals are good: Ethereum...
