I have been following this pump coin for over half a year. At the moment, there is a breakout of the falling wedge resistance. Locally, due to the breakout, a small concave bottom is formed with a target of about 60%. Fully working out of this falling wedge 380%. But it is not necessary that this should happen anytime soon. Also, after the breakout of this...
I have been following this pump coin for over half a year. At the moment, there is a breakout of the falling wedge resistance. Locally, due to the breakout, a small concave bottom is formed with a target of about 60%. Fully working out of this falling wedge 380%. But it is not necessary that this should happen anytime soon. Also, after the breakout of this...
BCN Falling Wedge. The price went beyond resistance. A reversal of the local trend is possible. Coin for pumping. Trading in a trend that is developing. Past series of pumping prices of this coin.
Cycle is going to be repeated. It's high volotility high profit potential coin, great place to buy some. It's not a financial advice. Trade carefully and good luck!
BCN (Bytecoin) / BTC. According to the previous trading idea, the price did not reach a potential entry point, as the symmetrical triangle that formed was broken down. Let me remind you that with this coin it is not possible to work short. Now the price has reached a potential entry point with good potential. The price broke through the local downtrend line, thus...
After the breakdown of the downward secondary trend line, a symmetrical triangle has formed, which, in case of breakdown upwards, can act as the canvas of the ascending pennant . The goals of the triangle and the pennant are completely different. It will be worked out during the breakdown or only the goal of the triangle or the ascendant pennant can only be...
Bytecoin (BCN) pump coin, as you can see from the graph, was pumped to mega X even in the bear market in 2018 twice in a row by + 600% and + 666% from the breakout zone. As you can see, all the big pumpings were for non-random numbers +666, + 4000%, + 4666%, + 600%, + 666%. Who knows how to read numbers, understands all the logic and why it was necessary to...
BCN (Bytecoin) A rounded bottom is formed. We are now in the 2nd phase of the formation of this global, long-forming figure. In the second phase, trading volumes are at a minimum. The coin is not interesting to anyone, "faith is killed," the price is at a historic low, the dump is over. The second phase of the formation of this figure differs in equalizing...
There is a breakdown of the downtrend local trend line. The beginning of a series of pumps like last time or a false breakdown? The breakdown was made by an impulse at a large percentage. The situation is similar as it was at the time to BTC / USD before the trend reversal in April 1, 2019. There was no rollback of the price after the impulse. Then the price rose...
Interestingly, from an annual cycle perspective, it can be seen how the BCNBTC market experiences moments of trend change. Here in a long-term perspective we share an interpretation of the dynamics of volumes and their correlation with the volatility of the cryptocurrency price which makes this technology a market that always promises movements for the generation...
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Technical analysis: . BYTECOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There...
Technical analysis: . BYTECOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There...