Bread (BRDBRD) is going straight up... After the low hit on the 24-Sept., we are seeing green candles after green candles forming a very steep uptrend.
At this rate, the next target will be hit soon. Even though we are seeing slow steady growth, this type of setup can change fast, easily.
You can see one long-big green candle show up or a quick and strong retrace only to bounce back and continue higher.
BRDBTC is now bullish with bullish indicators and can go higher.
If this pair starts to retrace, the bullish potential short to mid-term remains as long as its price remains above EMA50.
Anything below EMA50 and we take a closer look as it can go lower. If its price remains above EMA50 it can easily bounce and resume its uptrend.
This is clearly the beginning of something big that will develop with this chart.