= ELEMONT FX = Analysis: - Bytecoin is showing bullish divergence (oscillator is rising while price is falling) - Buyer support at 110 - Enter long on break of trendline, targeting next resistance - Stop Loss = 109 Targets 1. 120 2. 130 3. 137
As shown in the GREEN square and arrows: If it breaks descending triangle possible to head to 140 again if not more. As shown in the RED square and arrows: If it doesn't break downtrend then look for a retest of it breaking around 100 sats Good Luck and Happy Trading BCN !
Looks like BCN will retest the low. All information in the chart. This seems like a low risk play from here, Even if BCN goes into failure and has to put in a new wave 1 the draw down is very minor Buy in 104-108 Target 1: 150 Target 2: 184
Bytecoin is currently following an Ascending Triangle pattern on the 1H Chart after its recent surge caused by the Binance listing. Ranked number 18 overall, Bytecoin has a huge market cap in the Crypto space. There are two very simple scenarios: 1. BCN breaks upward out of the triangle and goes Bullish 2. BCN breaks downward out of the triangle and goes...
Bytecoin on the road to retest support (orange line) Place order could be done at this level
support line is so clear.i think it will hit 118 then 5. wave is going to be started and its target is arount 160 sts. then ABC corelation and move up. again . All this baby coin needs volume thats it. Not a financial advice at all
After the coin was added to the Binance exchange, the price went up to 10000 satoshis. The correction has stopped at 100 satoshis and now is the moment to buy the DIP! The Binance volume is extremely high right now, a very good sign. From moment to moment we wait for a new bump in the price. First stage: 200 satoshis Second stage: 400 satoshis Third stage: ...
Long position in BCNBTC. If the 3th wave start, the BCN can touch 180 for the first target.
Bullish pennant showing all hidden bullish divergence on RSI, good risk to reward with ~20% potential returns
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Trying to stay at 100 satoshi means that we can bounce with +60% with bitcoin bouncing back, having room for grow at 160-170 satoshi Enter under 110 with stop loss at 95 and selling at 160 satoshi
PATRON DE "TAZA DE CAFE O TE" EN BYTECOIN.
Coin of the day Bytecoin. Bytecoin is an open-sourced decentralized cryptocurrency with untraceable payments that was started in 2012. The coin had a negative controversy on the large quantity of premined by the team coins. With a focus on privacy, Bytecoin competes with other privacy coins like Monero, ZCash, and Dash. Monero is a fork from the original...