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BRD

Bread Breaking Out? Not Yet, Needs More TimeIt is easy to get caught by certain bullish moves, as beginners, and this Bread (BRDBTC) chart is a great example. Here we can see a strong bounce and break above EMA10 and MA200, which looks very promising and can prompt someone to enter and trade, but there is more to this chart than the EMA10 break and strong bounce. If you look a bit closer, you can see that the green trendline is yet to be broken, and there is also a conjunction of strong resistance marked by EMA50, EMA100, and EMA200, where BRDBTC price is very likely to be rejected. On top of that, we are not seeing any volume to confirm this bullish move, which can tell us that rejection is even more likely. So when we see a chart like this one we do not take any action, we just sit back, watch and relax and see how the chart continues to develop. Now, if EMA50 (0.00006060) is broken with good strength and volume, we can consider the possibilities of additional gains. Were you entertained or learned something? Feel free to hit like to show your support. Thanks a lot for reading. This is Alan Masters. Namaste.
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by AlanSantana
2
Bread Starts To BreakUp Silently [BRDBTC](83% PP)Bread (BRDBTC), which can be traded on Binance, it is starting to creep up silently... Daily chart: We can see two really big volume bars in the past two weeks (all the way to the right below the candlesticks). EMA50 has been broken (magenta line) on the daily time frame, this is normally a really good signal. If MA200 (black line) can be broken, you can expect a strong move up. MACD is entering the bullish zone while the RSI is already bullish. A few more signals can be spotted from the weekly time frame: Here you can see that BRDBTC price first had some very sharp decline, followed by what is basically sideways action. With a strong close above EMA50, can lead BRDBTC to some massive gains. Here is quick trade... Trade instructions for BRDBTC by Alan Masters Buy in: 0.0000528 – 0.0000555 (Avg. 0.0000541) Targets: (1) 0.0000590 (2) 0.0000666 (3) 0.0000769 (4) 0.0000888 (5) 0.0000990 Stop loss: Close weekly below 0.0000416. Capital allocation: <10%. MUSIC TO MY EARS I hear that someone that I don't know is doing better, their situation just changed from bad to great. I see kids smiling and laughing in the park, there is no reason for them not to play. I see an entire family is enjoying a great vacation. I see that a young country is now having better relations. I can feel the passion of an artist when he/she writes a song. I also enjoy dancing as most people does... Music to my ears... Yes, I can see... I can tell... I understand... I know... Music to our ears is everybody is having fun. Allow yourself to express the true desires within your soul. Namaste.
BLong
by AlanSantana
1
BRD looks set to continue higher lows until wedge breaksBRD has been experiencing increasingly higher lows. If this continues, the wedge looks set to break and BRD can hopefully find new support on the monthly level. BUYZONE is safest purchase, but price may not drop that low again, in which case use the low trend line to dictate buy zone. SELLZONE has been consistent which could provide a tough resistance to break to find that monthly support. If it rejects, we could see a move back down to the swing low on the monthly chart.
BLong
by thecryptohulk
[BRDBTC] Bread LONG [250% PP]Bread (BRDBTC’) touched bottom on mid August and has been in an uptrend since. The chart is showing an ascending triangle pattern which is a bullish formation, after hitting a strong resistance 7 times, it is getting closer to breakout. Let's take a look:  - The "x" marks each time the price was rejected by the strong resistance, but this will break soon. We have several reversal candles after an all time low was hit. - We can see that we are now trading above EMA10 (green line) for the first time since April. - Green volume is starting to increase. - MACD trending up and starting to pick up momentum. - Watch out for a huge jump once resistance (0.000062 is broken). - Let's trade. Bread (BRDBTC’) Trade Instructions by Alan Masters Buy in: 0.0000547 - 0.0000587 Targets for Bread (BRDBTC’): (1) 0.0000662 (2) 0.0000729 (3) 0.0000814 (4) 0.0000908 (5) 0.0000966 Stop loss: Close weekly candle below 0.0000416. Capital allocation: <5%. NOTES Patience is required and necessary... patience is key. Enjoy the trade. Always make sure to diversify. Always make sure to withdraw and enjoy your profits (make a habit of withdrawing, enjoying your earnings and being grateful - you can withdraw a portion of your profits and keep the rest to grow your portfolio). Namaste.
BLong
by AlanSantana
9