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BCNBTC

BCN I'm ready again, fill my orders :) I'm ready again to fill the 50% as I sold at 97. Regrets that I did not sell all, but thought we might manage to reach 110. Still, 50 is much better than nothing. However, it is good profit to accumulate more for me now Macd starts to slow down, I'm still bullish on bcn when I know there is a fork in the near future so i only trying to accumalte as many as i can -My mission is to build a Community who help each other as good as possible, but especially the most recent ones. We believe that sharing knowledge and learning from each other is the strength of success. -In numbers the are strength -Gladly join the (NEW) Discord Community with news, charts and basic TA ( More to come ) -You are welcome. :) discord.gg
BLong
by Porshy
1
#BCN : Bearish view, Double top in 4H $bcnbtc #crypto $crypto#BCN after that pump to 2220 sats, got dumped hard and went into correction phase. Correction we see here is a ABC Zig-Zag . Wave a retraced to 61.8fib Wave b retraced to 38.2fib of Wave a Wave c was a 0.618fib ext of Wave a, coinciding with the 78.6fib support. After that ABC correction, we saw a spike if 35% till the 61.8fib region. RSI is below 50 and stoch is also curving down. In the 4H t-f: Double top is in formation with critical support at 810 . View is till bearish , after that X move till the 61.8 fib resistance, we can expect another correction pattern (possibly a triangle) thus forming a double three correction combination . Re-entry can be confirmed only after we see trend reversal patterns in price action.
by rajista
BCNXMR Bullish Bullish BullishAfter binance spike, BCNXMR is the pair which was the strongest in correction phase. If January resistance breaks, the binance high is just a matter of time. MACD is nearly crossing in daily, watch out! On the fundamental hand, Bytecoin was often blamed being a scamed from Monero community. You can only speculate, but the rise of XMRBTC in 2017 is also mainly due to a very strong community. The Monero community weakens a lot, looking at a few unsuccessful hardforks, moreover the XMRUSD Chart is one of the weakest in crypto at the moment. It seems likely that Bytecoin will strengthen its position as first cryptonote coin.
BLong
by Richart
$BCN BTC Salivating over Bytecoin? Go grab a burger insteadLadies and gents, cycles exist whether you like it or not. When you understand and respect cycles, you’ll do much better as a trader. There are bull and bear cycles with every asset. While we can rely on fib levels for correction entries, not understanding cycles will lock up your capital for an unknown amount of time and ultimately force a premature losing exit for a better trade. I want to thank my followers for bringing this coin up to my attention so I can hopefully save a few traders from this seemingly great trade. On the surface, we have 1) An impulse wave that did 600%. Six hundred percents. Yes, FOMO was very real 2) A corrective wave down to almost .786 that terminated at the support created by the resistance in early May at 75 satoshis. 3) As far as fib time, this corrective wave happens to be roughly .618 of the impulse so it’s save to assume that it should be done, right? 4) The last 2 days, we have an indecision candle which was followed by bullish candle that broke above our 9D EMA and will likely close above it. 5) We are trading above a technical pivot at 89 satoshis and will likely close above it. 6) In this short BTC recovery, it is the definitely one of the higher gainer, currently at 24% where most of the other major coins are doing 5-10% So, BCN seem bullish, should you buy? Well, let’s take a look at the history of this coin I don’t know about you but I have reservations recommending this coin. It seems too pump and dump to me. If you take a closer observation at the last 2 pumps: 3/28/2017 to 5/22/2017 - the correction took about 4 times the length of time of the impulse wave 12/14/2017 to 1/6/2017 - same thing - the correction was 4 times the impulse wave Please note, I have a high chance of being wrong here since we do have a W or double bottom being formed here. However, if history repeats itself, likely we’ll see another pump in September and not anytime soon. With that said, there are plenty of other great trades that are happening now so while this might seem like a great trade at the moment, do yourself a favor, control your appetite and look elsewhere. Much love. Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe! Kinashi-San *The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*
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by Kinashi_San
9
How to deal with binance?Well, I did not expect such a great downmove since binance listing to be honest. But there are some things to be discussed: 1. The price is near at the breakout zone before binance listing 2. nevertheless there are a lot of improvements since then such as binance listing itself and the VPN partnership with trustzone 3. fundamentally bcn is a lot undervalued at the moment looking at the facts, at 26th may there will be a new roadmap updated 4. coming from stock trading i used fibonacci a lot as you can see in the chart, due to fibonacci a movement corrects at least to 23.6 which is about 0.22Cents depending on Bitcoin price 5. the first binance price was 0.0001 but on a very low volume, nevertheless we should take that chart for granted, there is some potential to move up the fibonacci letter...
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by Richart