AlwinGoutham

Is this the right time to go long in BCC???

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AlwinGoutham Обновлено   
BITTREX:BCCBTC   None
I've been waiting for very long time to make some money in this pair and hopefully the right time has come.BCC is trying to move out of the accumulation phase with a breakout from the wedge.Though the 1hr candle closed above the wedge,let us wait for the confirmation from 4hr candle.Volume is increasing and RSI is also pointing up.
BCC has strong support @0.091.Red lines are the targets.Secure your profits at those levels.
Pay attention only to the thick lines.Ignore the thin ones as I have drawn them for swing trading purpose.I'm not sure whether BCC can perform like the previous uptrend cycles but I believe it has reached the bottom and it is time to make some money.

Targets
0.115
0.153
0.191
0.253
Сделка активна:
Retested the trendline and bounced back
Сделка активна
Комментарий:
Has to pullback slightly before the next uprun..sell and rebuy low
Сделка активна:
Reached Target 1
Комментарий:
Rebuy @0.117-0.128
Комментарий:
Комментарий:
Комментарий:
Broke the major resistance @0.153.
0.148 served as strong support.
Buy now.Next bull run has begun.

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