Bitcoin Diamond (BCD) Is Also Strong

We just looked at Bitcoin Gold (BTGBTC) and the chart looks pretty good, prices are moving higher.

The same can be said about BCDBTC, Bitcoin Diamond.

Here we have bullish momentum building up above the EMA50 magenta line.

The MACD is showing a bullish cross and now moving above zero, sending out a strong bullish signal.

The RSI is super strong above 64.
Anything above 40/44 and we consider it good.
Above 50 is strong/bullish,
Above 60 super strong.

Prices can easily move higher for this altcoin pair.

The next target is marked on the chart with a dashed light green line.

Thanks a lot for reading.

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Namaste.

Kommentera:

The same bias/chart/analysis is still valid.

Sideways = Neutral, so it stays the same as when I shared.