MACD is still can continue it's momentum it's trend to downside but it can changed dramatically as this coin is just a small marketcap.
RSI is already on lowest level for 2019
resistance #1 15 satoshi (20 ema)
resistance #2 16 satoshi (50ema)
reistance #3 20 satoshi (200ema)
somehow the spike its often...
BCN is in an extremely bad position and shouldn't buy anymore. The best buyzone of BCN is 5sts, current price is 14sts
It seems that the lack of informations on price leverage has made BCN become gradually weak and disappear
If BCN has a bull-run in the future (low rate), the price target should be 20sts and 41sts
Based on previous pumps, shows that two of Bytecoin's pump has occurred in May. Except for one pump that happened at the end of 2017 and the start of 2018(December and January). Add that Bytecoin has a new hardfork ahead. Also, Bitcoin steady price leads alt party.
I expect these targets for BCN/USD:
At the BCN we have strong support protected by the 20 and 100 - day - moving averages, creating an accumulation at this zone. With the possible breakout, our target its going to be an important top followed by the 200 - day - moving average.
Trade Duration: Medium
Bytecoin is an open-sourced, private and untraceable cryptocurrency that was started in 2012. Bytecoin is the first coin that implemented CryptoNote technology as a default aspect to build a project. Launched in 2012, Bytecoin was widely spread in the Dark Net as one of the...
Green - buy. Red - sell.
Long term trade with decent PPT.
One of the oldest project that still active and have a working product.
BCN has reached the level of support on weekly chart;
Current price level 15-20 sats has a very strong support;
RSI is also close to oversold zone;
It's not a financial advice.
Trade carefully and good luck!
BNC Liquid Index for Bitcoin on the 3day
price/time $93,700 May 2021
Selby finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
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. Bytecoin/Monero is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. There is a possibility of temporary retracement to suggested support zone (0.00001355 to 0.00001145). if so, traders can set orders based on Price...
I think waiting is over, pair didn't reach for a long time another support which was 15. It is very common on markets that if there is strong bullish movement pairs not necessary are touching support line when they push forward. Since my last BCN idea BTC price slashed another 50%. It was close to 6500 back then. I think that BCN bottomed at this stage. Position...
Looking more closely to some of the altcoins, noticed Bytecoin (BCN).
It has unveiled a new roadmap to be completed in the coming months, starting with a Stagenet hard fork on December 12. This project will The project will restart its mainnet at the end of the first quarter of 2019.
Therefore, such a news released reflected its value.
Bytecoin was first met...