At the 1 week chart it can be seen that a price touched long term support level. This level has been tested three times. Currently we can see double (triple) bottom was formed and indicators become bullish again. Stochastic, WPR and CCI indicate a good entry point, while RSI is neutral.
We can seen that each time a new growth wave starts when the price touches the global support level which coincide with Fib 1 retracement level. Here we can see a reapeat of this pattern.
Summary, BCN is recommended for the long term trade using the designed strategy. Buy zone, free target and the stop loss are drawn at the chart. Follow the updates for this coin and stay tuned
Sincerely, SkyRock Signals team
Trade active
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Free target and the buying zone
Wait till the price goes down to the buying range. Place a conditional order
it has stayed along time at 20sats even through the btc downturn.. looking like good support
genesislord
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Sorry to say, but it has to correct a lot more. Will hit 12...after that you can buy. Now stay away, my advice.
EgotripCz
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@genesislord, Where?. In Hitbtc or Polo?... There is not enough supply at Hitbtc to "eat" the 4 billion buy wall sitting on 20 sats. Its there pretty stable for several days. You might say, that it will disapear, or move lower. Maybe. But it doesnt look like that so far. Good luck waiting for 19. Not mention 12 :-)
genesislord
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@EgotripCz, well i am warning, people do what they want. If you trust it go ahead...