HiTech
Long

ByteBall at the Support - Uptrend Might Continue

BITTREX:GBYTEUSD   Byteball / US Dollar (calculated by TradingView)
At the end of June Byteball has tested the low at $100, which is a strong psychological support. After bounce, price went up and broke above the downtrend trendline , corrected down, and went up again, this time breaking above the 200 Moving Average.

GBYTE/USD then bounced off strong resistance area at $150 and went down sharply. Currently it is trading at the $125 support, which could be the starting point for the uptrend continuation. It is worth mentioning that the 200 Moving Average is also acting as the support, as price still failed to break below with confidence.

If GBYTE stays above the $125 level, the uptrend is likely to continue, towards one of the Fibonacci resistance levels. First is at $177, and second is at $200 area, which is the next strong psychological resistance.

All-in-all, trend is bullish , but if the current support is broken, Byteball might once again move down towards the $100 area.
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 Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out