Hey Again, Another coin that is worth to pay attention to is Bytecoin although it's not strong as Ethereum and like Bitcoin and Others it has a really great rate now. I made a very simple graph that anyone can understand it even if you never saw a graph in your life. From my experience, we should open this issue for everyone until now a lot of people went back...
Price is currently bouncing off support. Very possible to see a big move up.
1. It started to raise vs Bitcoin (many other coins when line becomes horizontal at least for a short while, pushed followed and fast growth started) 2. Made higher high lately (we reached the bottom) 3. previous all-time high around 3 times present value (many alts even surpased previous all-time highs) Will check hourly graph for best entry point.
I marked rounded bottom on the chart. Pair is currently trading above very important Fibonacci level which is 14.58%. This formation combined with 200 ema is suggesting solid bottom and probably rebound to 50% of previous big move. I wouldn't be surprised if the pair will go down just to touch the closest lowest low.
Bytecoin reached significant level which is latest higher high and very important Fibonacci level which is rarely used 14.6%. These two signals combined with almost perfect morning star candlestick pattern made it nice buy opportunity.
insane gains in long run entry is good at 80 satoshi first target : 95 satoshi second target: 120 satoshi when the market fully recover i expect this to run for awhile if you wondering still holding all my coins :) hope you are too <3
Let's look at the daily chart of BCNBTC and try to understand how we should trade this pair. We have to note that the market is in an up trend but presently we can see a correction wave. It's confirmed by price movement between the resistance and the support levels and DMI indicator. It will be correctly to wait for a new impulse wave and only after that join the...
Bytecoin: Triangle or a flag formation consolidating inside the triangle range huge breakout on both side possible.....
Not even gonna lie - I have no idea what any of these lines mean. But when that many come together they form a rainbow - and over the rainbow there lies a pot of gold. I'm about to go with BCN to look for it.... Who's coming with me???
Why is this coin at $500 market cap? I have no fkn idea. This coin hit $1b also lol... Powerrful MM very powerful. If coin farts about wallet update mm tries to pump it hahaha Beautiful higher lows from mid may - not once was floor broken. False breaks on the wedge happened to both sides, now this is the real wedge break MOON
Well, Bytecoin will be in the near future the #2 cryptocurrency please remember me!! Bye Bytecoin!!!
For the last few days Bytecoin is trading between 30 and 40. It is quite possible that the pair will move higher and 200 ema should help here. This range trade can take a while. Interesting is that every time BTC is making new highs this pair is holding strong position above 30 which suggest strong buying power.