It is easy to get caught by certain bullish moves, as beginners, and this Bread (BRDBTC) chart is a great example.
Here we can see a strong bounce and break above EMA10 and MA200, which looks very promising and can prompt someone to enter and trade, but there is more to this chart than the EMA10 break and strong bounce.
If you look a bit closer, you can see that...
Updated on $BRD.. Reaching resistance again at ~6800 sats. Potential Inverse H&S pattern in play...
UCTS Flashing a buy signal on the daily..
RSI rising while MACD about to bullcross.
Volume is extremely low for now so be careful.
update on $BRD, Rejected at resistance retested support succesfully and now pushing again up... Potential Inverse H&S pattern in play.. (do you agree?)
Every movement happening at really low volume levels, I would like to see something like what happened on end of March...
$BRD Reached resistance level at ~6800sats...
UCTS Buy signal on the 12H (20% up)
Flipped R into S at 6100 sats
Volume looks low...
If it fails to hodl current level (Trendline), a retest & bounce from support can lead to an inverse H&S but for now its too soon to know!
Welcome to this updated analysis on UPBTC Let's get right to it!
We can buy this coin with a target at 0.00005760
We can AVOID/STOP loss at 0.00005373
Bread ( BRDBTC ), which can be traded on Binance, it is starting to creep up silently...
We can see two really big volume bars in the past two weeks (all the way to...
The price action has completed the formation of gartley, now entered in potential reversal zone to take bullish divergence insha Allah.
The targets are:
Buy between: 0.00007061 to 0.00006355
Sell between: 0.00007639 to 0.00009005
Atif Akbar (moon333)
Commodity : BREAD
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit :...