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
#BCN (BCN/BTC)
Buy : 31-32
Flash Sell : 33-34
Short Sell : 35-36-37-38
Long Sell : 40-42-44-46-48
Stop : 28
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Technical analysis:
. BYTECOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There...
Technical analysis:
. BYTECOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There...
Technical analysis:
. BYTECOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There...
