Updated

Update previous idea to BCD

Seems like a formation of a descending triangle, which, in chart theories, is not a bad configuration and tends to break up when the cheapest price is set

Note

previous idea

BCD going to another leg up

Note

BCD failed to accomplish the first break up opportunity.

there is going to be another one next hours, BTC surge is the adversity for now.

Note

BCD is testing right now the resistance line, if it break up, I see good signal

Note

With some correction, BCD worked more less accord to the chart

Trade closed: target reached

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Also on:

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.