ByteBall has been trending downwards since July 2017 and was stopped at BTC 0.012 after it lost almost 100% to Bitcoin. The RSI indicator formed a bullish divergence and from BTC 0.012 support GBYTE/BTC started to rise and broke an extremely strong resistance at BTC 0.04.
The corrective wave followed and the previous resistance at 0.04 has been acting as a...
Will BYTEBALL's be the next Raiblock or IOTA to BOOM up in price. As we know (Directed Acyclic Graph) coins are all the rage at the moment and BYTEBALLS is one of them relatively flying under the radar.
All you need to know about Directed Acyclic Graph
lmgtfy.com
This idea is not based TA but solely on Fundamentals and Hype.
We did get a daily MACD cross BUT...
Fynally I have the opportunity to spend some words about Gbyte, I bought this coin for the first time in May 2017. Gbyte reached an important price in July 2017 (0.388 BTC). From that moment that coin was neglected by everybody and the exchanges sold the coin mercilessly. Probabily too many airdrop and too many coin in the wrong hands (exchanges). Since november...
Byteball Bytes (GBYTE) is a very strong coin. Volume is strong and the chart is rock solid. This is really good news, but why?
When you have a strong coin with a strong chart, then manipulation and pump & dump activity is harder to take place, so we don't have to think about those. We can really hold this long term trade.
This cryptocurrency all time high...
Another great potential trade for you is GBYTE. Byteball is DAG technology based but has a little more to bring to the table than its sisters IOTA and XRB and it has a much lower supply (please do some more research on this coin, you should find promising information). This will probably be a coin that I hold for quite a long time even if we see a strong breakout...
Hi this is a new idea of trade.
I purchased some Byteball because of
ATB not far from my entry point
Huge volume entered in the mid of december
Bullish Twist of the ichi cloud in daily timeframe
Longterm Bearish Oblique broken up
Coin: GBYTE
Entry: 0.0030 - 0.0048
Target 1: 0.08
Target 2: 0.126
Target 3: 0.22
Stop: 0.025
Gbyte is a fairly expensive coin, trading at $757 USD at the time of writing this. So I dont want to be too optimistic with the Target projections. Everyone likes the Cheaper coins these days.
But I do expect to see a nice pump up towards previous resistance/support levels...
Imo we can see a steady growth in GBYTE and could see 0.062 satoshis soon. Maybe even a stretch to 0.070 if it goes for a bull run. Support around 0.050 satoshis. MA50
Gbyte distribution is scheduled in 62 days.
Also, it seems to hit the bottom recently.
Daily MACD recently golden crossed.
BTC is expected to stuck in a box price for weeks.
Ready to moon!
Typical Rounding reversal bottom formation. Still at the beginnig. First target should be beginnig of the previous top, after that a breakout or a handle should be expected.
