Based on previous pumps, shows that two of Bytecoin's pump has occurred in May. Except for one pump that happened at the end of 2017 and the start of 2018(December and January). Add that Bytecoin has a new hardfork ahead. Also, Bitcoin steady price leads alt party.
I expect these targets for BCN/USD:
Bytecoin is a cryptonote cryptocurrency has made in 2012. After a long silence from Dev team, they started a new beginning.
At first, they started to refactoring the code of Bytecoin and enhancing it and then add more stability in BCN network and wallet.
Really they had a good progress and now we can say that the BCN(Bytecoin) has a newborn. Because of Bytecoin...
Hi guys. I know 3 exchanges like Poloniex, Hitbtc, and Cryptopia that we can trade BCN.
Poloniex: 1500 btc - Withdraw Disabled
Hitbtc: 668 btc
Cryptopia: 6 btc
If withdraw be enabled in Poloniex we will see the good rise on BCN.
After that, we need Chinese exchanges to evolve in. Remember how trading BTC in China moved it's price quickly.
And a good news for...
We have a nice upward channel on EURUSD. And in this upward channel we have a nice short situation. Actually i missed this but as a scalper i can get some profits on retraces. EURUSD is a low risk pair currency for beginners.
Most valume of Bytecoin is trading on Poloniex. Volume of BCN just increased from 100 to 3400 in one day. If you have miss the boat, there is another chance to entering it. Price of BCN is going to be more stable more and more.
Point : I have just 1 years experience in trading but when i want to buy BCN i have some doubt about it. Because people speakig just...
Bytecoin is the first crypto coin that has build on CryptoNight Algorithm. It was first but the other CryptoNight coin that called Monero got the attention and growing more and more. Actually CryptoNight based coins has good safety and anonimity. I belive that this coin has a great potentials for grows in next days. It was so many rumors that saying BCN is dead...
After reaching btcusd to 1120, has stuck in a bad range situation. But there is some levels here that help you to trading btcusd. If you didn't sell your btcusd or want buy more btcusd this levels help you.
And one good point: Just be patient
With reaching price of BTCUSD to 1k, now we can say that the btc is the new gold(When you serach btc in google you see a gold pic at first result of it. wow it's amazing).
Some says that there is a bubble in btc, but truth is btc mostly used on the Internet and even used for escape from taxing in China, India or even in America. I think with this situation...
We have a resistance at 0.01. The price has good stability here. If xmrbtc break the resistance it will have high chance to touch 0.012 .
Somebody may say that XMR price it's a bubble and has not value in reality. It's better to know XMR mostly used for money washing btc in china and india.
Today we have good news about Dollar .
Now USD have more power than EUR .
I saw wedge pattern on EU chart .
In trading view chatroom , guys trading EU short .
EU has broke wedge support and its going to face another support at 1.13 . If EU break this support , it's going down to 1.125