A wedge forms in a downtrend. Possible entry on a breakout or pullback after a breakout of its resistance.
Bytecoin has been in correction for long time and now we see smart mony and posetive reaction on this cryptocurrency. it has broke the resistance, the trend and exit como cloud. Lookfor a position in 4 hour time and go long. Good luck.
I have been following this pump coin for over half a year. At the moment, there is a breakout of the falling wedge resistance. Locally, due to the breakout, a small concave bottom is formed with a target of about 60%. Fully working out of this falling wedge 380%. But it is not necessary that this should happen anytime soon. Also, after the breakout of this...
I have been following this pump coin for over half a year. At the moment, there is a breakout of the falling wedge resistance. Locally, due to the breakout, a small concave bottom is formed with a target of about 60%. Fully working out of this falling wedge 380%. But it is not necessary that this should happen anytime soon. Also, after the breakout of this...
BCN Falling Wedge. The price went beyond resistance. A reversal of the local trend is possible. Coin for pumping. Trading in a trend that is developing. Past series of pumping prices of this coin.
Cycle is going to be repeated. It's high volotility high profit potential coin, great place to buy some. It's not a financial advice. Trade carefully and good luck!
BCN (Bytecoin) / BTC. According to the previous trading idea, the price did not reach a potential entry point, as the symmetrical triangle that formed was broken down. Let me remind you that with this coin it is not possible to work short. Now the price has reached a potential entry point with good potential. The price broke through the local downtrend line, thus...
After the breakdown of the downward secondary trend line, a symmetrical triangle has formed, which, in case of breakdown upwards, can act as the canvas of the ascending pennant . The goals of the triangle and the pennant are completely different. It will be worked out during the breakdown or only the goal of the triangle or the ascendant pennant can only be...
Bytecoin (BCN) pump coin, as you can see from the graph, was pumped to mega X even in the bear market in 2018 twice in a row by + 600% and + 666% from the breakout zone. As you can see, all the big pumpings were for non-random numbers +666, + 4000%, + 4666%, + 600%, + 666%. Who knows how to read numbers, understands all the logic and why it was necessary to...
BCN (Bytecoin) A rounded bottom is formed. We are now in the 2nd phase of the formation of this global, long-forming figure. In the second phase, trading volumes are at a minimum. The coin is not interesting to anyone, "faith is killed," the price is at a historic low, the dump is over. The second phase of the formation of this figure differs in equalizing...
There is a breakdown of the downtrend local trend line. The beginning of a series of pumps like last time or a false breakdown? The breakdown was made by an impulse at a large percentage. The situation is similar as it was at the time to BTC / USD before the trend reversal in April 1, 2019. There was no rollback of the price after the impulse. Then the price rose...
As I can see, the graph is showing a trend reversal could happen shortly. Better stock up now.
from indicators MACD is still can continue it's momentum it's trend to downside but it can changed dramatically as this coin is just a small marketcap. RSI is already on lowest level for 2019 resistance #1 15 satoshi (20 ema) resistance #2 16 satoshi (50ema) reistance #3 20 satoshi (200ema) somehow the spike its often happen during downfall or while btc...
BCN is in an extremely bad position and shouldn't buy anymore. The best buyzone of BCN is 5sts, current price is 14sts It seems that the lack of informations on price leverage has made BCN become gradually weak and disappear If BCN has a bull-run in the future (low rate), the price target should be 20sts and 41sts
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