Bytecoin has been in correction for long time and now we see smart mony and posetive reaction on this cryptocurrency.
it has broke the resistance, the trend and exit como cloud.
Lookfor a position in 4 hour time and go long.
Good luck.
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!
At the 1 week chart it can be seen that a price touched long term support level. This level has been tested three times. Currently we can see double (triple) bottom was formed and indicators become bullish again. Stochastic, WPR and CCI indicate a good entry point, while RSI is neutral.
We can seen that each time a new growth wave starts when the price touches...
#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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After telling here to buy at under 45 satoshi for long term , next move of BCN was beating 45 satoshi and getting to 60 satoshi not in long term but quickly fast; then BCN continue to drop . Now we can see that we hit the support level from before the pump and some moves in price.
in area 23 satoshi
out area 40 satoshi
PS: don't just almost double your money...
We get out of green zone with this coin and it entered and reached moving average from before "takeover" when Binance listed BCN. Good opportunity buy . it worths in dollars 0,002669. I think a rebounce will exist at 0,005$
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.
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
