First target by this volume 250 (day 1) SELL 25% Next is 450 (day 2) SELL 50% than 800 (DAY 3) SEL ALL !!!
Just an idea. The CM_Williams_Vix_Fix has always been reliable for me for finding pattern shifts. If my trend line is accurate this could be a break out. Good luck.
is bytecoin continuing its previous pattern?
Well, I did not expect such a great downmove since binance listing to be honest. But there are some things to be discussed: 1. The price is near at the breakout zone before binance listing 2. nevertheless there are a lot of improvements since then such as binance listing itself and the VPN partnership with trustzone 3. fundamentally bcn is a lot undervalued at...
is bytecoin repeating its old pattern? WARNING! amateur analysis, no financial advice.
Bull pennant formed, breakout pending. Resting on strong historic support. Strong fundamentals - roadmap update, hard fork and testnet all due before the 10th of July. BCN BUY: 100-110 SELL: 118 130 148 200 Stop loss: 190 Here is a look at the historic support -
= 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