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cryptokaleo
Jan 24, 2018 3:24 PM

$GBYTE swing trade idea 

Obyte / BitcoinBittrex

Description

GBYTE bull pennant closing in. IMO it's most likely at the "D" point of the horizontal triangle, so don't be surprised if you enter here if we see a minor dip back to the "E" point before the breakout. I'm always a fan of "E" for entry, though. Byteballs is also at less than 20% of it's all time high in terms of Bitcoin, so I see it having plenty of room to run after breaking out of the current accumulation zone.
Comments
SgtOuiOui
What do you think of this chart now? Is this a continuation of the trend, or an omen of testing former support?
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