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...