Long
Bullish Bitcoin Diamond: Double Falling Wedge

Bitcoin Diamond (BCD) Overview
Bitcoin Diamond (BCD) is a hard fork of Bitcoin. The fork occurring at block height 495866, implemented changes including a new proof of work algorithm to deter attacks on the network and segregation of transaction signatures from transactions on the chain for additional capacity allowing a greater number of transactions per second on the network as a whole.
Bitcoin Diamond (BCDBTC) Chart Analysis
We are looking at Bitcoin Diamond (BCDBTC) on the daily time frame, we have the bullish pattern called "Falling Wedge", let's take a look:
Do you think the altcoins market will have a bull run in 2019?
Which are your top 3 favorite altcoins?
Share with us in the comments section below...
Namaste.
Bitcoin Diamond (BCD) is a hard fork of Bitcoin. The fork occurring at block height 495866, implemented changes including a new proof of work algorithm to deter attacks on the network and segregation of transaction signatures from transactions on the chain for additional capacity allowing a greater number of transactions per second on the network as a whole.
Bitcoin Diamond (BCDBTC) Chart Analysis
We are looking at Bitcoin Diamond (BCDBTC) on the daily time frame, we have the bullish pattern called "Falling Wedge", let's take a look:
- We saw a falling wedge, drawn left, that produced an 85%+ breakout. Now we see a second falling wedge forming for Bitcoin Diamond which we believe can produce even more gains.
- This pattern is supported by bullish divergence on the MACD, marked with magenta arrows.
- We have the same divergence shown on the RSI. The bounce on late May might as well have been an accumulation move.
- Big bags are being accumulated by whales and big money all across the board... Something really big is coming.
Do you think the altcoins market will have a bull run in 2019?
Which are your top 3 favorite altcoins?
Share with us in the comments section below...
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.