bcn slowly nearing to test the major support at 30sats
perhaps I neglected a crucial spike in my past analysis
Close to bottom, buy 38-42, stop-loss 37 satoshi. Sell at least 100-110
c wave of three correction waves is compliting.... targets is 1)52 2)38 3)23
BCN I observed the 4h frame and it is accumulating quite well to prepare for the new rebound, stronger than the previous times: BCN buy : 78-80SAT Sell : 1st 96sat sell 2st : 100-122sat .
Hello Every One. Bcn Is The The Descent Trend.We Have 2 Pattern On Bcn. Bearish Break Out And Cornea Pattern. BCn Need To Decision To Go To The Moon Or Go To The Hell. If Bcn Break The Signal Line And Go The Other Side It's Down The Line Goes To The Hell And You Need To Leave The Bcc Alone If Hit The 68 Next Target Is 41 ... Stop Lose Behind The Signal Line .....
Assuming we are in the second wave, wave A is done, in process of quick gain with B, and wait for it to get to C, and then we start wave 3. Possible 70% profit on this trades, invalid if we get below 71.
I'm ready again to fill the 50% as I sold at 97. Regrets that I did not sell all, but thought we might manage to reach 110. Still, 50 is much better than nothing. However, it is good profit to accumulate more for me now Macd starts to slow down, I'm still bullish on bcn when I know there is a fork in the near future so i only trying to accumalte as many as i...
BULLISH ! BULLISH ! BULLISH !
#BCN after that pump to 2220 sats, got dumped hard and went into correction phase. Correction we see here is a ABC Zig-Zag . Wave a retraced to 61.8fib Wave b retraced to 38.2fib of Wave a Wave c was a 0.618fib ext of Wave a, coinciding with the 78.6fib support. After that ABC correction, we saw a spike if 35% till the 61.8fib region. RSI is...
After binance spike, BCNXMR is the pair which was the strongest in correction phase. If January resistance breaks, the binance high is just a matter of time. MACD is nearly crossing in daily, watch out! On the fundamental hand, Bytecoin was often blamed being a scamed from Monero community. You can only speculate, but the rise of XMRBTC in 2017 is also mainly...
Ladies and gents, cycles exist whether you like it or not. When you understand and respect cycles, you’ll do much better as a trader. There are bull and bear cycles with every asset. While we can rely on fib levels for correction entries, not understanding cycles will lock up your capital for an unknown amount of time and ultimately force a premature losing...
Bytecoin is Building a bottom and is clearly Long in short term till 0.0085 USD!