BCNUSD
Bytecoin is heavily long to BitcoinAt the moment bytecoin has already surged over 100% in the last couple of days.
The BCNUSD pair is not that obious though. Looking at the BCNBTC pair you clearly see a break through the downtrend vom 2017.
Since the 4.618 extension was rechaed after corrections in the past i expect it to be reached. Depending on the current Bitcoin rate that would be around 0.000012 sats or 0.1 USD.
Bytecoin/USD price has met a 1-hour tenkan sen line resistanceHere is the 4-hour timeframe chart that shows the evolution of the price.
I think that the price of 0.0061 is a key level that the BCN/USD price should get over in order to have this crypto-currency pair price to be uptrend confirmed again.
If the price gets over 0.0061 then one should look on daily timeframe to check for future probable obstacles for the price.
Bytecoin Update - All Indicators are a Go (HIGH RISK)Bytecoin looks better then most coins at this stage if we look at MACD, RSI, and a few others both of 1 Day and 1 Week Charts. In our view Bytecoin is severely under evaluated.
INTELLIGENT PREDICTIONS
Short Term (days) - 15% - 40% Profit
Medium Term (weeks) - 70% - 150% Profit
Make sure you're following us to ensure that you get updates on this trade on when to SELL - BUY - HOLD
Bytecoin in Buy Zone Soon - SHORT TERM (MEDIUM RISK)Bytecoin is approaching our buy sone very soon, so watch this closely. We are looking at net profit of 15% - 70% within 1 week. These estimates are our low numbers, we secretly anticipate much better results to come in February.
NOTE - this prognosis can change, so ensure that you're following us to keep track of this trade, when we buy, hold or sell.
BCN UpdateBCN sleep coinstar move this year as we mentioned at last analysis for her
also developers have good plans for bcn this year
you can take look at website
analysis details
as we saw BCN strat move up from his demand zone at 0.00000014 then breakout hist first resistance at 0.00000061.
Current Situation
Show bounced from 0.328 fib buy zone at 0.00000073/0.00000061
Targets
0.00000110
0.00000230
0.00000450
Stop_loss
0.00000038
Risk/Reward
35% / 650 %
Capital management is recommended.
we ask Allah reconcile and repay.
Previous analysis
BCN DAYTRADE, AND SWINGTRADE PRICE PREDICTIONS AND TARGETSHITBTC:BCNUSD is actually a great coin many dont know and has nice market cap
thats why its not pumped so easily its great for hodl
DAYTRADE TARGET: .017043
SWINGTRADE TARGET: .022545
1hr view and 1hr macd about to cross
HERE IS A LOOK AT THE CONSOLIDATION AND MARKET/VOLUME PROFILE FORM 15MIN TIMEFRAME
ALSO HAVE A LOOK AT THE TRIANGULAR WEDGE ON 15MIN TIMEFREAME
BULLISH MACD
BULLISH EMAS
BULLISH UPTREND
BULLISH MARKET
GO LONG
BCNBTC - long. Measured Move - Bullish (Continuation)It's my vision - Measured Move - Bullish (Continuation)
For the BCN community. (At the request of Antonin).BCN has all chances to grow very well, but there is a fear that the model could consist of triples, which will result in a price dump in 2108.
The main level of the stop of the cycle of strong growth is 0.0028. If the price breaks, then by the end of next year there will be a flat in the declining range of 0.0024-0.0015, after which a new price can reach 0.012.
Bytecoin - Privacy is importantThe next step in crypto world will be the privacy and anonymity. There are few coins one of them is bytecoin which has unique future of privacy, decentralized and mineable. Decentralization and Privacy is the next step of crypto world. The chart is showing a easy target of $ 0.01 in near term with "BTC" keeping up thrust movement. Before someone knock at your door, better to use one of the following coin.
- XVG
- XMR
- BCN
- ZEC
A clear way to your private future. The first private untraceable cryptocurrency.
bytecoin.org
ByteCoin to Over $1 By Year 2022 - Long HoldBytecoin is a private, decentralized cryptocurrency with open source code that allows everyone to take part in the Bytecoin network development. Privacy and security come naturally from using Bytecoin. The best solution for those who want to keep their financial privacy.
Instant private transactions are provided all around the world by the Bytecoin Network, they are totally untraceable, and they don’t require any additional fees.
Fiat currencies are assigned to specific territories while Bytecoin is bound to the Internet and therefore is international by default.
Information Taken from Bytecoin official website
We truly believe that Bytecoin has a long bliss future on the horizon a few years from now. It is still in early developing stages and has not yet gained much interest among investors. There are mixed thoughts about this coin going on along the crypto community but those who invest early in this coin might see great results by 2022.
BCN - Don't buy more just yet (and why I hate flags)All,
BTC is of course gathering a lot of attention. Looking at the chart you can see a nice pretty "bull flag" forming - almost textbook. This times nicely with the overall market as FUD grows about Futures launch today and next week. It's a pretty logical consolidation time as weak hands drop coins and strong hands pick them up (my suspicion, at least).
If you are looking at opening a position on BTC, I would wait until we see some sort of move out of this downward channel. A more aggressive trader / holder can enter as soon as we get a confirming 1h/ 2h candle out of the upper trend-line, and a more conservative trader / holder can enter as soon as we break the flag and get a new ATH.
I hate flags on chart analysis because all they really are is a short-term bear channel, and so many people will tell you to buy the flag. It's horrible advice. The short-term channel could easily continue on, breaking the pattern and losing you thousands. This is why you should ALWAYS wait for a confirming signal before entering a new position.
