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Bitcoindiamond

A great opportunity to buy in BCDETH Technical analysis: . BITCOINDIAMOND/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.025 to 0.018). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.025) Ending of entry zone (0.018) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.035 TP2= @ 0.042 TP3= @ 0.049 TP4= @ 0.062 TP5= @ 0.076 TP6= @ 0.104 TP7= @ 0.128 TP8= Free
BLong
by ForecastCity

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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