ParkByte (PKB) reached its all time high back in June 2017 @ 0.00096. After that, there has been a long period of slow movement, not much growth, but now the coin is breaking out of this high trend line, and it is reason for some new action.
Let’s look at the details. Let’s see what the charts have to say. Let’s profit from this trade.
- We will...
ParkByte found the support at 5k satoshi after which it started to move higher, breaking above the downtrend trendline and the 200 Moving Average, reaching 11k satoshi. On a corrective wave down, PKB/BTC rejected the 200 Moving Average which is now acting as a strong support.
Such price action suggests that the uptrend could be just around the corner especially...
ParkByte has been trending upwards since it tested the low at $0.08 on the 11th of July. Price broke the 200 Moving Average and continues to trade above it. PKB/USD at the same time has been trading within the ascending channel, but on the 25th of December managed to close above, signaling that the uptrend could accelerate.
The buying opportunity is there and...
This coin is unbelievable for making money. The coin is on the down trend back to its support. its had a constant support around 6000 to 7000 and jumps at least once a month to 12000 to 15000 with even above 20000 being reached on more than one occasion!!!
Place by orders at 7100, and sell order to around 10000 - 12000. patience is needed for this coin, but...
All important things are on the graph, I see a nice cup and handle forming. Breakout looks to be imminent.
ENTRY: $1.13 - $1.12
STOP LOSS $1.11-$1.10. 2 Cents beneath whatever you brought in at.
Anyone who followed my POWR trade yesterday, wowee!