Long
Is this the right time to go long in BCC???
I've been waiting for very long time to make some money in this pair and hopefully the right time has come.BCC is trying to move out of the accumulation phase with a breakout from the wedge.Though the 1hr candle closed above the wedge,let us wait for the confirmation from 4hr candle.Volume is increasing and RSI is also pointing up.
BCC has strong support @0.091.Red lines are the targets.Secure your profits at those levels.
Pay attention only to the thick lines.Ignore the thin ones as I have drawn them for swing trading purpose.I'm not sure whether BCC can perform like the previous uptrend cycles but I believe it has reached the bottom and it is time to make some money.
Targets
0.115
0.153
0.191
0.253
BCC has strong support @0.091.Red lines are the targets.Secure your profits at those levels.
Pay attention only to the thick lines.Ignore the thin ones as I have drawn them for swing trading purpose.I'm not sure whether BCC can perform like the previous uptrend cycles but I believe it has reached the bottom and it is time to make some money.
Targets
0.115
0.153
0.191
0.253
Trade active
Retested the trendline and bounced backTrade active
Note
Has to pullback slightly before the next uprun..sell and rebuy lowTrade active
Reached Target 1Note
Rebuy @0.117-0.128Note
Note
Note
Broke the major resistance @0.153.0.148 served as strong support.
Buy now.Next bull run has https://begun.https://www.tradingview.com/x/dGZtzmgy/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.