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Bytecoin

BCN Bytecoin 2016 Dino!Cant imaging this one is still around. So a quick look at its 3 years of decline Clearly doing a 3-3-5 and having hit 4.236 and 1.618 on the intermediate where a bounce would be expected. This bounce or new impulse could lead all the way up to major 0.618 - or - almost 43x Losing intermediate 1.618 will most likely trigger 8.236 / 2.168 conflunce way down. Still a pretty decent R:R Hold my beer pls ---- No financial advice, do your own research, don't be stupid
by NastyBeer
$XMR/USDT 2D (#Bybit) Symmetrical triangle breakdown and retestMonero has pulled back to 100EMA resistance where a rejection would make sense. ⚡️⚡️ #XMR/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (3.0X) Amount: 5.9% Current Price: 149.70 Entry Zone: 149.65 - 157.95 Take-Profit Targets: 1) 133.15 2) 117.65 3) 102.10 Stop Targets: 1) 171.05 Published By: @Zblaba Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +40.28% | +70.51% | +100.85% Possible Loss= -33.65% Fib. Retracement= 0.441 | 0.618 | 0.883 Margin Leverage= 3x Estimated Gain-time= 1-2 months Tags: #XMRUSDT #PoW #Mining #Privacy #Blockchain #Bytecoin #Hardfork Website: getmonero.org Contracts: #Mainnet #Secret
Short
by TradingOn
2
BCN|USDT - Bytecoin is on the declineBytecoin is on the decline this week. The price of Bytecoin has fallen by 6.75% in the past 7 days. The price declined by 14.19% in the last 24 hours. In just the past hour, the price shrunk by 13.96%. The current price is NAD 0.000795 per BCN. Bytecoin is 99.83% below the all time high of NAD 0.474684 (Namibian Dollar). The current circulating supply is 184,066,828,814.058 BCN.The current price of Bytecoin is $0.00005896, which is 2.977% higher than yesterday. Prices have ranged between $0.00006383 and $0.00005707 over the past 24 ..
BShort
by AndreKlynsmith
$XMR/USDT 3h (#BinanceFutures) Falling wedge breakout and retestMonero is pulling back to 200MA support and looks good for a bounce after and resume bullish. Current Price= 243.55 Buy Entry= 244.15 - 238.15 Take Profit= 261.12 | 276.36 | 295.61 Stop Loss= 225.11 Risk/Reward= 1:1.25 | 1:2.2 | 1:3.4 Expected Profit= +24.84% | +43.80% | +67.74% Possible Loss= -19.95% Fib. Retracement= 0.5 | 0.786 | 1.117 Margin Leverage= 3x Estimated Gain-time= 2 weeks Tags: #XMR #XMRUSDT #PoW #Mining #Privacy #Blockchain #Bytecoin #Hardfork Website: getmonero.org Contracts: #Mainnet #Secret secret19ungtd2c7srftqdwgq0dspwvrw63dhu79qxv88
Long
by TradingOn
XMR (Monero) Coin Analysis 01/04/2022Fundamental Analysis: Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography. The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are. Overall, XMR aims to allow payments to be made quickly and inexpensively without fear of censorship. There are several things that make Monero unique. One of the project’s biggest aims is achieving the greatest level of decentralization possible, meaning that a user doesn’t need to trust anyone else on the network. Privacy is achieved through a few distinctive features. Whereas each Bitcoin in circulation has its own serial number, meaning that cryptocurrency usage can be monitored, XMR is completely fungible. By default, details about senders, recipients and the amount of crypto being transferred are obscured — and Monero advocates says this offers an upper hand over rival privacy coins such as Zcash, which are “selectively transparent.” Obfuscation is achieved through the use of ring signatures. Here, past transaction outputs are picked from the blockchain and act as decoys, meaning that outside observers can’t tell who signed it. If Milo was sending 200 XMR to Meli, this amount could also be split into random chunks to add a further level of difficulty. To ensure that transactions cannot be linked to one another, stealth addresses are created for every single transaction that are only used once. All of these distinctive features have led to XMR being increasingly used for illicit transactions instead of Bitcoin — especially on darknet markets. Governments around the world, especially the U.S., have also offered hundreds of thousands of dollars to anyone who can crack Monero’s code. One of Monero’s main goals has to prevent centralization — and this network uses a consensus mechanism called CryptoNight, which is based on proof-of-work. This prevents large mining farms from becoming a dominant force. Seven developers were initially involved in creating Monero — five of whom decided to remain anonymous. There have been rumors that XMR was also invented by Satoshi Nakamoto, the inventor of Bitcoin. XMR’s origins can be traced back to Bytecoin, a privacy-focused and decentralized cryptocurrency that was launched in 2012. Two years later, a member of the Bitcointalk forum — only known as thankfulfortoday — forked BCN’s codebase, and Monero was born. They had suggested “controversial changes” to Bytecoin that others in the community disagreed with and decided to take matters into their own hands. It’s believed that hundreds of developers have contributed to XMR over the years. Monero is slightly unusual as a token sale wasn’t held for XMR — and no tokens were premined either. At the time of writing, the circulating supply of XMR stands at 18,101,020.00. This cryptocurrency is designed to be resistant to application-specific integrated circuits, which are commonly used for mining new Bitcoin. In theory, this means that it can be possible to mine XMR using everyday computing equipment. Overall, there will eventually be a total of 18.4 million XMR in circulation — and this cap is expected to be reached on May 31, 2022. After this, miners will be incentivized using “tail emissions,” with a small amount of XMR being fed into the system every 60 seconds as a reward. It is believed this approach is more effective than relying on transaction fees. The current CoinMarketCap ranking is #40, with a live market cap of $3,870,661,805 USD. It has a circulating supply of 18,101,020 XMR coins and the max. supply is not available. The Market Cap Technical Analysis of Monero (XMR): Technical Analysis: There exist Bullish Divergence of Total Price Value and MACD which is the sign of bearish trend reversal and start of the new Bullish trendm which may lead to the new economical cycle. There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points . We have Drown the Fibonacci retracement levels From 0 to ATH. The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally. Currently the Price Value is at 61.8% Fibonacci retracement level; it means it has broken the resistance level and had rechecked it backed and it has been Proved to be the support area . Probably we may not again see the 78.6% Fib or bellow... Our Past Analysis for this Asset Acquisition: Initial Asset Acquisition: Treasury Addition:
XLong
by BitonGroup
BCN / BTC Falling Wedge. Local concave bottom.I have been following this pump coin for over half a year. At the moment, there is a breakout of the falling wedge resistance. Locally, due to the breakout, a small concave bottom is formed with a target of about 60%. Fully working out of this falling wedge 380%. But it is not necessary that this should happen anytime soon. Also, after the breakout of this wedge, a horizontal channel with a step of about 100% can form. The figure is rather arbitrary as no one knows the future. In a secondary trend, a large cup (concave bottom) can form and like many scam altcoins on Binance, its target (to resistance) can be taken. This price range is between 0.00000020202 and 0.00000018130. This is a fantastic + 1666%. But I have big doubts that this will happen in the near future, as the market is not “green enough” yet and there is no one to buy at local highs. If there is a breakthrough in the price and consolidation above 0.0000002300, then a rapid rise in price is possible. If this breakout of the wedge resistance develops into a local uptrend, I advise you to work in it, and not wait in excess of profit. Do not be greedy in trading and as a result you will be richer. Always be aware of the risks and exit the market if the price goes against you.
by SpartaBTC
4
BCN/BTC Secondary trend. The target of the cup.I have been following this pump coin for over half a year. At the moment, there is a breakout of the falling wedge resistance. Locally, due to the breakout, a small concave bottom is formed with a target of about 60%. Fully working out of this falling wedge 380%. But it is not necessary that this should happen anytime soon. Also, after the breakout of this wedge, a horizontal channel with a step of about 100% can form. The figure is rather arbitrary as no one knows the future. In a secondary trend, a large cup (concave bottom) can form and like many scam altcoins on Binance, its target (to resistance) can be taken. This price range is between 0.00000020202 and 0.00000018130. This is a fantastic + 1666%. But I have big doubts that this will happen in the near future, as the market is not “green enough” yet and there is no one to buy at local highs. If there is a breakthrough in the price and consolidation above 0.0000002300, then a rapid rise in price is possible. If this breakout of the wedge resistance develops into a local uptrend, I advise you to work in it, and not wait in excess of profit. Do not be greedy in trading and as a result you will be richer. Always be aware of the risks and exit the market if the price goes against you.
by SpartaBTC
17
BCN. Work on a coin. Ross hook point 3-1. Potential + 30-40%BCN (Bytecoin) / BTC. According to the previous trading idea, the price did not reach a potential entry point, as the symmetrical triangle that formed was broken down. Let me remind you that with this coin it is not possible to work short. Now the price has reached a potential entry point with good potential. The price broke through the local downtrend line, thus forming 1 Ross hook. When forming the second Ross hook, the potential is + 30-40%. A new uptrend may be emerging. You also need to understand that this is a pump coin, it can happen as with HBAR + 500% with several candles. An important zone, as in HBAR, I highlighted on the chart. ENTRANCE Now or at the beginning of the upward movement. TARGET. 1 target for Ross hook + 30-40% Stop loss Set Stop Loss value with calculation of your trading strategy and money management. Stop Loss percentage should be adequate. What matters is not the Stop Loss value itself, but the entry point and your system of work. Work Ross hooks on HBAR / BTC + 65% The first impulse to the target zone is 2 Ross hooks. +85% After working off the goal 2 Ross hooks securing above the important zone, as a result of the pump + 500% of the first entry point according to the previous trading idea Another example of my work is Ross hooks on a pair of BTC / USD EDUCATION Ross hooks on the example of BTC / USD. After some time. 2 more Ross hooks were made in the trend. All goals are taken. The trend reversal zone is determined in advance. All trading and educational ideas on BCN coins and Ross hooks I attached under the description.
by SpartaBTC
7