POLONIEX:BCNUSD   Bytecoin / Dollar (calculated by TradingView)
Day's Range: 0.010728 - 0.015675
The pair has rebounded low to $0.010728 after a recent move to an all time high at $0.01884 from two days ago.What could be the driver for the recent spike to that high? However this is a good investment , the right time to buy the pair especially as the market price is now retreating from its high finding support lines before resumption of the upward trend.
It is good to buy the dip now,just around the SMA200 on the 1hour chart at $0.0107 and hodl because if the price can successfully break the previous high point we see a new resistance forming and the high at $0.01884 might just become support in the coming weeks.
Note if the price can break the current support significantly(now at $0.0107) we see the pair going down to the next support at $0.0076 before rebounding so since i want to go long upward i advice you set your stop loss away from that point maybe at the next support line at $0.0045.
Comment: The price has hit the support line $0.107 and is rebounding at the moment,make sure your take profit is in place and reduce the stop loss as it goes up
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out