BCNBTC
BCN Bytecoin still downBytecoin on the road to retest support (orange line)
Place order could be done at this level
my first TA for BCN/BTCsupport line is so clear.i think it will hit 118 then 5. wave is going to be started and its target is arount 160 sts. then ABC corelation and move up. again . All this baby coin needs volume thats it.
Not a financial advice at all
Bytecoin (BCN) TIME TO STASH!After the coin was added to the Binance exchange, the price went up to 10000 satoshis.
The correction has stopped at 100 satoshis and now is the moment to buy the DIP!
The Binance volume is extremely high right now, a very good sign.
From moment to moment we wait for a new bump in the price.
First stage: 200 satoshis
Second stage: 400 satoshis
Third stage: 800 satoshis
BCNBTC Long PositionLong position in BCNBTC.
If the 3th wave start, the BCN can touch 180 for the first target.
BCN bullish pennant Bullish pennant showing all hidden bullish divergence on RSI, good risk to reward with ~20% potential returns
BYTECOIN UNLIMITED POSSIBILITIES WITH LIMITLESS PROFITEnjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
BCN Possible 60% in next weekTrying to stay at 100 satoshi means that we can bounce with +60% with bitcoin bouncing back, having room for grow at 160-170 satoshi
Enter under 110 with stop loss at 95 and selling at 160 satoshi
POSIBLE CUP AND HANDLE PARA BYTECOIN?? TAZITA DE TE PARA BCNPATRON DE "TAZA DE CAFE O TE" EN BYTECOIN.
Bytecoin. What after Binance?Coin of the day Bytecoin.
Bytecoin is an open-sourced decentralized cryptocurrency with untraceable payments that was started in 2012. The coin had a negative controversy on the large quantity of premined by the team coins.
With a focus on privacy, Bytecoin competes with other privacy coins like Monero, ZCash, and Dash. Monero is a fork from the original Bytecoin code. Monero supporters argue that the original Bytecoins (>80%) may have been pre-mined for two years before the public release, but this is still being debated by both parties. Still, as Bytecoin has existed for a long time and was available for miners, in the rough estimation over 95% of the coins are already in circulation.
Listing on Binance
Listing on Binance(May 7) started with enormous difference in the prices with other exchanges, provoking a lot of traders and automatic systems to transfer BCN from wallets and even other exchanges on the Binance, to sell it by the much higher price. Instant demand for the coin inflated prices on Poloniex(peak at 0.00000204) and HitBTC(peak at 0.0000022). In result, Poloniex and HItBTC forbade the withdrawal of funds under the pretext of technical problems. Eventually, the price on the Binance normalized to the Poloniex and HitBTC levels. For now, trading volume on Binace is much higher than other exchanges so that it will be the leading platform for the Bytecoin price. In the light of the fact, that the price not wipe out all its gains from the growth, the markets still in doubt is it worth investments or not? Yesterday the coin has shown a significant growth, which is not connected tot he difference in prices among exchanges.
Latest news:
Latest twitter announcements from the BCN team indicates that they had fixed problem with network and withdrawals from the exchanges, and now the network functions normally.
Technicals
Patterns on Poloniex and HitBTC looks pretty much the same, on the Binance BCNBTC does not have a peak to the 0.000022 level, it just lowered from the highs of opening to the 0.000001 level and from there synchronized with other prices.
Retracement after the growth stopped above the 0.000001 level and went into lateral movement. Recently the price picked up with high volumes and broke above the 0.00000135 resistance, went to the 0.0000015 level and stopped there. Turnaround above 0.000001 level (approx 61,8% Fibo of the recent uptrend) is a positive for the uptrend bias sign. Breakthrough of the 0.0000015 level will confirm the uptrend tendency as well and lead the price to its recent peak at the 0.00002 - 0.000022 zone. 000001 level should stay strong to confirm the uptrend bias, break below this level will dismiss any of the near-term growth scenarios.
BYTECOIN (BCN/BTC) - BULLISH FLAG PATTERN= ELEMONT FX =
Analysis:
- Bytecoin is in a bullish flag pattern
- Volume has been steadily decreasing as the price has lowered
- Expect a breakout on larger volume to confirm upward momentum to next price target
- Alternative scenario is price retesting 127 support level
Targets on breakout:
1. 155
2. 183
3. 255
Byte the support my Lady !! its time for a quick byte of the coin that outperfoemed this week , confirmed with the fxgreenhawk strategy we are in for a quick bounce !
BYTECOIN (BCN/BTC) - PENNANT SETUP!= ELEMONT FX =
Analysis:
- Bytecoin has been falling along with its volume, emphasizing the bears are running out of steam
- Look for this pennant to break on abnormal volume for entry to the upside
- Oscillator trending upwards
- Longest time spent consolidating (going sideways) thus far on Binance
Targets
1. 127 sats
2. 155 sats
3. 189 sats
BCN to new on Binance to make a good judgment.Happy Mothers Day to all those out there. Hopefully you gave your momma some BTC.
So here is the thing. the .382 fib we created when this coin went on Binance is showing us some support.
But if it breaks down, we could go back to the low 100 sats. If it breaks through we could see something closer to 160 sats. Doubtful it'll go higher than that, just monitor the other exchanges for price action movement.
Invest smartly and don't sell to quickly. Trailing stop losses every 5 sats up or down, keep moving it to stay in profit and mitigate your losses...
GLHF and as always happy trading everyone.
BCN idea on upcoming eventsBCN has been listed on binance and I think it will have big potential this year. Many upcoming events on the road. More volume, more hype. Let's trad it guys.
RSI MACD Momentun are great.
Enter 120-130
Target 1 : 180
Target 2 : 250
Target 3 : 350
Target 4: 500
Target 5 : Hodl over 700sat
next pump ready for BCNThis is for the binance exchange this might turn out to be wrong on a different exchange.
Bytecoin price predictionBTC dip has provided good chance to buy all alts at the dip. Don't miss it.
ico.wcex.co
BYTECOIN (BCN) 2 HOURE CHART--BYTECOIN (BCN)--- TRADE ANALYSIS BY DAVID DHRUV
MARKET CAP - 199,624 BTC
VOLUME (24H) - 5,914 BTC
CIRCULATING SUPPLY - 183,885,572,797 BCN
TOTAL SUPPLY - 184,470,000,000 BCN
RANK - 18
TOKAN / COIN - COIN
CANDLE - HEIKIN ASHI
INDICATOR - NOT APPLED
I DRAW SOME TREND AND STRONG SUPPORT LINE
I WHOULD NOT RECOMMENDED TO ENTRY
LETS WATCH ONLY
THANKS
WISH YOU SUCCESS