BCD/BTC daily chart looks like it's forming a bull flag.
Possible ABC correction wave within the flag.
Looking at it in this perspective makes what happened on the 18th look like not-a-big-deal.
If this pattern holds I would expect the MACD to start moving up and eventually cross in the next few days.
It's currently riding just below the 20 day EMA. At the beginning of April it crossed above the 20 day EMA and used it as launching pad.
BCD/BTC has made explosive moves in the past so when it moves expect fireworks.
BINANCE:BCDBTC
Possible ABC correction wave within the flag.
Looking at it in this perspective makes what happened on the 18th look like not-a-big-deal.
If this pattern holds I would expect the MACD to start moving up and eventually cross in the next few days.
It's currently riding just below the 20 day EMA. At the beginning of April it crossed above the 20 day EMA and used it as launching pad.
BCD/BTC has made explosive moves in the past so when it moves expect fireworks.
BINANCE:BCDBTC
