Bytom; breaking falling channel may start seeking a new trend on long term. For the present; CCI, RSI, MFI gives overbought in the daily. Take this into account, can come out profitable if take action in suitable time.
Break a leg, good luck!
Bytom (BTM) Overview
Established in early 2017, the Bytom (BTM) Blockchain project was launched to develop a protocol that could tokenize assets from the physical world and represent them in the digital world on a decentralized network. Aiming to help businesses and individuals to register and exchange assets such as securities, bonds, deeds and various types...
Trade Duration: Medium
Signal Strength: High
Bytom Blockchain Protocol (hereinafter referred to as Bytom) is an interactive protocol of multiple byteassets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom...
NAMASTE : crypto enthusias..
NO doubt I've made alot from BITMARK $BTM but im not a financial advisor.
ITS MY FAV SHITCOIN. so trade if u manage to Analys things better.
$BITMARK at the bottom currently . ENTER as soon as possible
No doubt perfect to book 5X -15X in upcoming bull rally.
ENTER : 1706 -1800
STOP LOSS : 1600
no fear ,...
Many coin drop this year and still inside bearish wave. But we found a few coin that already break up bearish wave. This 9th of our 10 coin in bullish wave analysis.
Bitmark perform channel up, but with bad uniformity.
we have support at 1610, if this coin touch that support, we can buy it and aim for resistance line at 2240
I've been watching the bitcointalk forum and the devs are still alive. They had some wallet issue on the exchanges not so long ago and they got it fixed real quick. No reason to suspect delisting or arrested development so I'm going to take this high risk/high reward trade. The volume has been bad for a long time so this is probably a small bag play.
There are only 2 shtcoins that I trade and this is one them.
Rule of thumb is you should never buy something you wouldn't be willing to hold for 10 years, but Bitmark has made me enough money over the years, that I can't take it off my radar.
When do you enter a market?
I'm a lot more patient about market entries than I am about exits. Always wait to enter when...
THE FOUND BOTTOM OF BYTOM WAS AT 1090 Sats. AFTER THAT, PRICE WAS BEING SUPPORTED AT 4262 Sats AND RESISTED AT 94619 Sats. RIGHT NOW PRICE IS AT THE END OF A TRIANGLE IN A DOWNWARD MOVEMENT.
THIS ARE THE OPTIONS:
THE OPTIMISTIC POSSIBILITY COULD BE IF PRICE STARTS GOING UP BREAKING BLACK, RED AND YELLOW RESISTANCE AND GET TO PURPLE RESISTANCE...
I think a good deal for profit
The best area to buy as the RSI shows between 30 and 20 points
Now prices are below the 30 point area
The chart shows the resistance zones (support) in case of breaching the resistance area which will become support and stabilize prices above it
The next area is the target