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?
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Namaste.
Commento
High volume breakout above EMA50 which has been a strong resistance for BCDBTC.
Now that this resistance is being broken, you can expect additional bullish action in the weeks to come.
If BCDBTC retraces and closes below EMA50, then you can consider this invalid. For now, this is a very bullish move.
Namaste.
Commento
Daily candle closed super bullish just below EMA100 and BCDBTC is looking strong.
On this chart we have EMA150 (red) followed by EMA200 (orange).
Since this altcoin follows the MAs so well, these can work as resistance and support levels.
P.S. This is not a piece of trade advice. All of my trades are clearly marked and contain buy-in, stop-loss, targets, and additional information.
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