Bitcoin Diamond Completes Its Retrace? 160% to 390% Profits PoteJust two weeks ago Bitcoin Diamond (BCDBTC) had a strong breakout which produced a nice 67% profits, after which a classic retrace started...
Take a few minutes to hit like now, if you want to, and let's take a look at the signals coming from the Bitcoin Diamond chart.
BCDBTC's price retraced all the way down below EMA10 and EMA50 and also almost reached 1 Fib. retracement. Soon after, a bullish Doji candlestick showed up which is signaling the end of this move.
Bear volume is really low and the RSI remains strong.
All these signals are telling that this retrace might have come to an end.
Looking at the chart below, if we aim for EMA200 and EMA300, we are looking at 160% to 390% profits potential respectively on the next wave. Here is the chart:
The first barrier (resistance) to break is the 207-213 range, a strong close above it, and a new bullish wave can start.
This is a friendly reminder. I will be riding this wave and see how it goes.
If you have any questions or anything to share, feel free to use the comments section below. I am always happy to read comments and all feedback.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
BCDBTC
BCDBTC Volume Analysis Prediction 03/26/2019In 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 (max volume of the balance).
Buy: area 0192 (with confirmation)
Take Profit1: 0207
Take Profit2: 0218
Take Profit3: 0234
Buy: 0207 (after true breakout)
Take Profit1: 0218
Take Profit2: 0234
Take Profit3: 0292
Stop Loss 1-2%
Priority: Bear
Bitcoin Diamond (BCD) due for MAJOR upside reversal. Long BCDAfter 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 BCD
BCD was distributed initially as an airdrop to BTC holders with holdings of at least 1 BTC at a ratio of 10:1.
Point being that the accounts that received the BCD airdrop were not small accounts.
BCD has an ATH of $85.27usd or 988k sat
Trading right now at $0.88usd or 21k sat
Potential for some colossal trades.
BCDUSD Volume Analysis Prediction 03/20/2019Main 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 loss: less than 1-2% of the balance
BCDBTC forms new base at double support (Binance)- BTDBTC prepares for bullish cross 10 day over 200 day
- RSI is bullish but not oversold
- Currently rests at double support of 100 day MA and 0.786 Fib
- What is your sell target?
Please comment below!
Like and follow and I will share some targets if people are interested.
Thank you for reading
BCDBTC Volume Analysis Prediction 03/15/2019Our 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 is under 0226.
Or you can wait for the price reduction to the bottom of the mini balance (0209) and see the price reaction on this level.
If there will be a bull reaction or a false breakdown (better to see the both), you can buy too.
If we do not see the reaction, you should not rush to buy. Wait for the initiative from buyers.
Buy: area 207-209 or 0196-0200 (with confirmation)
Take Profit1: 0226
Take Profit2: 0241
Take Profit3: 0292
Buy: 0226 (after true breakout)
Take Profit1: 0241
Take Profit2: 0251
Take Profit3: 0292
Stop Loss 1-2%
Priority: Balance
Momentum: Bear
Bitcoin Diamond 10,000% Profits Potential (BCDBTC)I will let the chart do the "talking"...
We have Bitcoin Diamond (BCDBTC) bottomed out and printing its biggest volume since it crashed back in September, which can lead to some bullish action.
BCDBTC RSI is still oversold but trending up.
Challenging EMA10, this altcoin has huge income potential according to this chart (TA wise).
Note: This is not a piece of trade advice.
Question: Are you going to trade Bitcoin Diamond? If yes, what are your targets?
Please share in the comments section below... And remember to hit like!
Namaste.
50% up since yesterday tweet. wow!I guess I should like this asset now... 50% up since yesterday tweet. wtf!
It just exploded in volume and a UCTS buy signal appeared a few hours after the tweet. Reached EMA100 and cross over it like nothing.
Just take profits, its a total nonsense.
BCDUSD Volume Analysis Prediction 03/06/2019At 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 talk when the balance goes up.
While the price is inside the balance and no impulse output, trade from the borders of the balance.
At the bottom of the balance we buy, at the top - sell.
Buy: 0.7264-0.7365
Take Profit1: 0.8144
Take Profit2: 0.8446
Take Profit3: 0.9000
Stop loss - 1-2%
Priority: Balance
BCDBTC Volume Analysis Prediction 02/27/2019We 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 0187-0195. It's good area for purchases.
But it is better to buy only with confirmation - wait for the buyer's initiative on a lower timeframe or wait for a false breakdown.
Before a good move, very often big players make false breakdown/breakouts.
Buy: 0187-0192
Take Profit1: 0207
Take Profit2: 0215
Take Profit3: 0226
Stop Loss 1-2%
Priority: Balance
Final Signal: Buy from support area 0187-0194
BCD pump is coming ? 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.
Bitcoin Diamond in the Rough?I stumbled across this gem by chance. Huge risk reward. Bottom has held multiple times since the November dump and it has had very low volatility since September. I think the bottom is in and sellers have been exhausted. Whales have had 6 months to accumulate crazy cheap BCD. It very well could be time to blow the roof off of this coin. BCD has had some ridiculous pumps in the past. In January of last year, it pumped 100x it's value in a single day! Just buy, set some ridiculously high sell orders, and wait.
BCDBTC Volume Analysis Prediction 02/06/2019At 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 needs to break and close above 0202.
Buy: 0202-0205 after true breakout 0202
Take Profit1: 0215
Take Profit2: 0226
Take Profit3: 0274
Stop Loss 1-2%
Priority: Bear initiative
Final Signal: Buy after true breakout 0202
Daily Bullish Signal $BCD #BCD (09 Feb 2019)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
BCDUSD Volume Analysis Prediction 02/01/2019Out 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 new balance must goes up.
Until this happens, it is risky to enter the purchases, as the probability of price reduction remains high.
Buy: 0.7590-0.7600 (after breakout 0.78)
Take Profit1: 0.84
Take Profit2: 0.90
Take Profit3: 0.96
Stop loss - indicates on the chart
Priority: Bear initiative
BCD-BTC Long Trade PlanBITCOIN DIAMOND LONG TRADE
Chart is self explanatory I think.
Shorting zone is mentioned along with Stop Loss and TP Price Points.
BCDBTC Volume Analysis Prediction 01/11/2019The 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 with the range 0218-0234. How to operate?
Buy: 0225
Take Profit1: 0245
Take Profit2: 0262
Take Profit3: 0274
Buy after breakout: 0234
Take Profit1: 0245
Take Profit2: 0262
Take Profit3: 0274
Stop Loss 1-2%
Priority: Balance with the bull initiative
Final Signal: Buy from 0225 or after breakout 0234
BCDBTC Volume Analysis Prediction 12/28/2018 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 up you can try to catch the price on the rebound of higher border after the breakout.
Buy: 0228-0232
Take Profit1: 0246
Take Profit2: 0273
Re-Enter: 0246-0247 (after breakout)
Take Profit1: 0258
Take Profit2: 0273
Take Profit3: 0292
Stop Loss <1%
Priority: Balance
Final Signal: Buy from area 0228-0232 or buy after breakout 0246
BCDBTC Volume Analysis Prediction 12/20/2018 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 breakdown, then it is best to wait the price at the lower POC or at the starting point of the impulse.
Buy: 0243
Take Profit1: 0273
Take Profit2: 0292
Re-Enter: 0213-0216 area
Take Profit1: 0243
Take Profit2: 0273
Take Profit3: 0292
Stop Loss <1%
Priority: Bull
Final Signal: Buy from 0243 or
re-enter 0213-0216 area