Bread ( BRD 0.00% ), a Cryptocurrency available for trading on Binance, had a huge breakout yesterday.
After a huge correction when the price went down over 100%, BRD 0.00% touched bottom and bounced back strong. After this bounce we had a breakout yesterday and the charts look good for some action. Let's look at the details:
Instructions
Buy-in: 0.000128 - 0.000149
Targets:
(1) 0.000161
(2) 0.000180 (Aim for this target)
Longer term targets:
(3) 0.000191
(4) 0.000210 (All time high)
(5) 0.000271 (New all time high)
(6) 0.000381
These targets are for reference only.
Stop-loss: 0.000112
Indicators
After bouncing from a bottom and going sideways for a few days, BRD 0.00% had a breakout. This breakout puts us on a new path. Look at the green line on the chart below (2h chart):
This is a young chart, so we don't have long term data, that's why this trade is focused for the short term.
After reaching a top the price normally retraces. After retracing a support is normally found where buyers can accumulate until the next run starts. BRD 0.00% is now on the accumulation period preparing for the next run. So let's jump in... let's join.
On the 4h chart, the MACD , RSI and STOCH are all on the bullish zone. There is also plenty of room available for growth.
This is a trade that can develop quickly... Here, take a look at the entire picture:
We are in positive waters. Normal behavior on the charts.
We keep on moving up strong. This is a strong coin, so please allow time for this trade to develop.
Here is the 2h chart:
Bread (BRD) Targets:
(1) 0.000161 * Target reached on 26-Jan-18 *
(2) 0.000180 * Next target *
Longer term targets:
(3) 0.000191
(4) 0.000210
(5) 0.000271
(6) 0.000381
you were right on! I should have bought this morning when I read this. I made another call and lost. I'll listen next time, lol
next time friend...
ill stay posted.
hola! I like your post! Thanks for it! I went to jail because of cryptos... lets make steemit together to a better place with our content! I would like to read a bit more about you and maybe do you have some more pictures? I also just wrote a introduce yourself. Maybe you upvote me and follow me swell as I do? https://busy.org/introduceyourself/@mykarma/1-jail-r
You are welcome.
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I WILL HELP YOU TO MAKE follower @reecha
Hello and welcome to the community. I followed you @niteshbaniya and would appreciate a follow back. I'm looking forward to see more posts! Have a great day and have fun. Welcome!
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Thank you.
Trade closed: stop reached: We reached our first target but then went back down.
Depending on how you traded this, this was either a positive or a negative... I am closing this trade.
I can revisit this coin in the future, and post a new trade. For now, we hit our stop loss and this trade is closed.
Thanks for following me.
Thank you for your continued support.
Namaste.