BITTREX:GBYTEUSD   Bytes / US Dollar (calculated by TradingView)
Bytebal slowly but steadily rising and after each correction producing a new high. After reaching the recent high at $1188 price declined back to the 8/1 Gann Fan trendline, which was successfully rejected.

At this point, the uptrend is likely to continue and GBYTE/USD could test $1500-1600 area, where are two Fibonacci retracement levels applied to the last two corrective waves down. It should be kept in mind that the key support remains at $355 and only break and close above it could invalidate bullish outlook. At the same time, break above the upside target would confirm a further uptrend, while rejection should result in a short to medium term change in trend.

Crypto Signals >>> https://mycryptoparadise.com/product/kucoin-vip/

VIP Results Channel >>> https://t.me/MyKuCoinResults

Free Telegram Channel >>> https://t.me/+QYDZKR1BLjxlYWE0
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.