Bitcoin Diamond Resumes, Great Momentum Building Up

8 Feb 2020

I just shared a chart for Bitcoin SV (BSVBTC) where I explain why this pair can continue growing right away... I am talking about the classic retrace/correction we see after a strong bullish wave.

Just like Bitcoin SV (BSVBTC), Bitcoin Diamond (BCDBTC) has an identical chart.

Take a look at BSVBTC here:

You can read it below:

Normally, we would expect a retrace after a strong bullish move, and a retrace here can surely happen but, we are having some signals that are pointing to additional growth without much retrace... Let's take a look at those:

• Prices moved back above EMA10 after a strong rejection on the 3-Feb.
  
• The volume is really low on the drop.
  
• MACD and RSI curving strong.
  
• Higher lows being printed.
  
• Warning, these signals not necessarily mean that BSVBTC will continue straight up, but that there is the possibility of this happening...

Thanks a lot for reading.

Namaste.