BCDBTC Volume Analysis Prediction 12/07/2018

BCDBTC Volume Analysis Prediction 12/07/2018

Bitcoin Diamond / Bitcoin BINANCE:BCDBTC

We expected the price rebound from the level 0216, but because of the Bitcoin fall and the overall weakness
of all altcoins, the price of BCD also decreased.
At the moment I see 2 possible scenarios:
1. If Bitcoin drops to $3000 (probability of this scenario is very high,
more than 90%), the BCD price will also show the bottom with the price 0189.
2. If Bitcoin can hold higher $3500, we can buy BCD after breakout 0214.

Buy: 0214 (after breakout)
Take Profit1: 0236
Take Profit2: 0268

Re-Enter: 0189
Take Profit1: 0214
Take Profit2: 0236
Take Profit3: 0268

Stop Loss <1%

Priority: Bear
Final Signal: Buy after breakout 0214
or re-enter 0189

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