BitCrystals (BCY) Confirmed Breakout (650%+ Profits Potential)
Updated
BitCrystals (BCY) has been going down since it reached all time high back in September 2016. Now that it broke-out of a downtrend for more than a year, the potential is huge. An entire year is a lot of time going down, just this one signal can be enough for a long hold trade. But there is more, much more.
Let's look at the trade instructions first and then we can move to indicators.
*** Alan Masters Trade Analysis for BitCrystals (BCY) ***
>>> Instructions
Buy-in: 0.000095 - 0.000135
Targets:
(1) 0.000243
(2) 0.000343
(3) 0.000503
(4) 0.000603
(5) 0.000757
Stop-loss: 0.00008650
>>> Indicators
Ok, now we can take a closer look.
- On the daily chart you can see a small breakout today and all the indicators showing bullish signals. That's 5 different indicators.
- Short term we will always have huge swings, just like you would have huge swings if you look at the 5 minutes charts. We will go up and down on the daily chart, but on the weekly chart, we are looking really strong.
- The weekly chart is showing all the indicators turning bullish, MACD, RSI, STOCH, DMI & OBV, and plenty of room for growth as well. This is the type of chart we like, with plenty of room for growth.
- Low trading volume is also a signal of plenty of room for growth.
>>> A Message of Courage
When you want something you have to go out and get it.
The first step might be hard, but maybe because we don't know the first step.
When you want something you have to go out and get it. But how do you do that?
The first step is to say it. Say it and repeat it, repeat it long enough until you believe it.
Once you believe it, start living it as if it is already real, already yours.
Once you are living it, you already have it.
Namaste.
Mantra: "Om Stanesha Vahtu Nevehem"
Let's look at the trade instructions first and then we can move to indicators.
*** Alan Masters Trade Analysis for BitCrystals (BCY) ***
>>> Instructions
Buy-in: 0.000095 - 0.000135
Targets:
(1) 0.000243
(2) 0.000343
(3) 0.000503
(4) 0.000603
(5) 0.000757
Stop-loss: 0.00008650
>>> Indicators
Ok, now we can take a closer look.
- On the daily chart you can see a small breakout today and all the indicators showing bullish signals. That's 5 different indicators.
- Short term we will always have huge swings, just like you would have huge swings if you look at the 5 minutes charts. We will go up and down on the daily chart, but on the weekly chart, we are looking really strong.
- The weekly chart is showing all the indicators turning bullish, MACD, RSI, STOCH, DMI & OBV, and plenty of room for growth as well. This is the type of chart we like, with plenty of room for growth.
- Low trading volume is also a signal of plenty of room for growth.
>>> A Message of Courage
When you want something you have to go out and get it.
The first step might be hard, but maybe because we don't know the first step.
When you want something you have to go out and get it. But how do you do that?
The first step is to say it. Say it and repeat it, repeat it long enough until you believe it.
Once you believe it, start living it as if it is already real, already yours.
Once you are living it, you already have it.
Namaste.
Mantra: "Om Stanesha Vahtu Nevehem"
Trade active
After taking off on the day we launched this trade, BitCrytals (BCY) rapidly found support.This price level called support is now where we, the buyers, accumulate (load up on coins) until the next run.
We are within buy-in range, so you can feel free to Buy-in (open new positions), Re-buy (buy more if you sold) and Reload (add more positions to the coins you already have).
The weekly chart looks excellent, showing a MACD crossover and plenty of room for growth. The daily chart also looks good, looking for a few days of consolidation.
Note
We are holding all trades. The market is looking better, the altcoin prices are bouncing but the correction is not yet over.I am still looking at Bitcoin and waiting for stronger signals as to when we will start to move back up.
For now we hold patiently.
I am not closing any of our trades since this is a market wide correction.
P.S. Tomorrow we will have a better understanding as to where Bitcoin is going, but we will resume trading soon.
Thanks for your support. I love you!
Note
Bitcoin's correction is still underway, but here is quick update.BitCrystals is now within our buy-in range.
The trade still looks good. The indicators have moved to retrace+consolidation but all the potential is still there.
Take a quick look at the daily chart:
We are holding patiently.
Note
BCY reached a bounce and had a strong push up.The indicators are turning bullish on the 1h and 2h charts. This can turn into something positive, let's see how it goes:
(2h chart)
Trade active
BitCrystals has been live and actively trading on Bittrex since 2015... That's a long way back. It is still here now and the chart is still looking strong.We are holding this coin until the market wide correction is over, once it takes off you will be glad you held. The potential is huge, you can look at the daily chart below to confirm my comment...
1D chart:
BitCrystal Trade Analysis by Alan Masters
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