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Bullish Bitcoin Diamond: Double Falling Wedge

Bitcoin Diamond (BCD) Overview
Bitcoin Diamond (BCD) is a hard fork of Bitcoin. The fork occurring at block height 495866, implemented changes including a new proof of work algorithm to deter attacks on the network and segregation of transaction signatures from transactions on the chain for additional capacity allowing a greater number of transactions per second on the network as a whole.
Bitcoin Diamond (BCDBTC) Chart Analysis
We are looking at Bitcoin Diamond (BCDBTC) on the daily time frame, we have the bullish pattern called "Falling Wedge", let's take a look:
Do you think the altcoins market will have a bull run in 2019?
Which are your top 3 favorite altcoins?
Share with us in the comments section below...
Namaste.
Bitcoin Diamond (BCD) is a hard fork of Bitcoin. The fork occurring at block height 495866, implemented changes including a new proof of work algorithm to deter attacks on the network and segregation of transaction signatures from transactions on the chain for additional capacity allowing a greater number of transactions per second on the network as a whole.
Bitcoin Diamond (BCDBTC) Chart Analysis
We are looking at Bitcoin Diamond (BCDBTC) on the daily time frame, we have the bullish pattern called "Falling Wedge", let's take a look:
- We saw a falling wedge, drawn left, that produced an 85%+ breakout. Now we see a second falling wedge forming for Bitcoin Diamond which we believe can produce even more gains.
- This pattern is supported by bullish divergence on the MACD, marked with magenta arrows.
- We have the same divergence shown on the RSI. The bounce on late May might as well have been an accumulation move.
- Big bags are being accumulated by whales and big money all across the board... Something really big is coming.
Do you think the altcoins market will have a bull run in 2019?
Which are your top 3 favorite altcoins?
Share with us in the comments section below...
Namaste.
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lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
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t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。