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Bytecoinbtc

A trading opportunity to buy in BCNBTCTechnical analysis: . BYTECOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000000300 to 0.000000244). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000000300) Ending of entry zone (0.000000244) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000000406 TP2= @ 0.000000498 TP3= @ 0.000000592 TP4= @ 0.000000663 TP5= @ 0.000000981 TP6= @ 0.000001400 TP7= @ 0.000002010 TP8= Free
Long
by ForecastCity
A trading opportunity to buy in BCNBTCTechnical analysis: . BYTECOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000000300 to 0.000000244). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000000300) Ending of entry zone (0.000000244) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000000406 TP2= @ 0.000000498 TP3= @ 0.000000592 TP4= @ 0.000000663 TP5= @ 0.000000981 TP6= @ 0.000001400 TP7= @ 0.000002010 TP8= Free
Long
by ForecastCity
A trading opportunity to buy in BCNBTCTechnical analysis: . BYTECOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000000300 to 0.000000244). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000000300) Ending of entry zone (0.000000244) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000000406 TP2= @ 0.000000498 TP3= @ 0.000000592 TP4= @ 0.000000663 TP5= @ 0.000000981 TP6= @ 0.000001400 TP7= @ 0.000002010 TP8= Free
Long
by ForecastCity
5
Time to Byte in? Bytecoin/BTCALWAYS LOOK AT COINS IN RELATION TO BTC . NEVER TRUST SOMEONE WHO DOESN'T LOOK AT THE RELATIONSHIP TO BTC. THE CHART IS INTENDED TO BE ZOOMED IN ON TO SEE CERTAIN POINTS. PLEASE DON'T KILL YOUR EYES LOOKING AT THE SPECIFICS OF THE ZOOMED OUT VERSION. See what BTC might do before thinking about buying any Crypto. I believe in trading when BTC looks good to bounce (continue/end current trend)and using BTCas the base-point for buying into and out of alts. Coins may trade on their own TA, but more than not their TA will be effected by BTC. Due to the severity of the big trends possibly ending. Ok, so a decent amount of info to see. At the current time, Bytecoin seems pretty bad to me. So from the top of this trend we see: .75 bounce, .618-.75 bounce, support below .5 pushing back over and holding at .5, from that .5 to .75 and then back to .5. Then an extension to about .9 and then a series of attempts to stay above the .75. My thinking is: where does the steam come from now? It matters not if BTC does well, but for me to want to buy into this almost without thinking, I would like to see BTC near my levels (6.9k) and Btyecoin around the .25. We can see that the upwards trend was broken several days ago, but we have found support on the .618. I think this may be some of those people hoping BTC goes up and are buying into it now. The movement hasn't been horrible, but neither has BTC's movement. Tl:dr : I want to see Btc hit 6.8k-6.9k and Btyecoin to hit the .25 to feel definite.
B
by TrendLINEBoys
BytecoinThere and Back Again I'm not in Bytecoin and I'm not planning an entry, just going to track it for a year or so and see how the chart will develop!! I'm just curious if that one dude that bought at 10000 satoshi is ever going make a profit, assuming he's going to HODL :D He needs Bytecoin to reach a marketcap of $167.331.629.570. That's a x45 from where it is now. So that's a maybe, but stranger things... As a relatively boring privacy coin I don't see this happening. You are going to need a few dozen tweets from coinkiller John McAfee to help you out here. I hate that man with a passion and I'm still wondering why Coupit took him on board. Anyway, I'm going to name the guy that bought at 10000 satoshi. Lets name him Dave. So Dave, this one is for you my friend, lets see if you can ever sell this thing with a profit and based on the (retarded) Fibonacci we have here I would advise you to sell at around 15494 Good luck my British amigo
B
by iera
25
BCN published on Binance and rocketing. Who is BCN?Coin of the day is Bytecoin. Bytecoin is an open-sourced decentralized cryptocurrency with untraceable payments that was started in 2012. Bytecoin is considered one of the oldest blockchain projects and one of the first to focus on privacy for the end-user. The team clearly states in their whitepaper that they don’t consider Bytecoin as a Bitcoin replacement. Instead, they feel that having multiple strong currencies is beneficial to everyone involved. Until recently, the team behind the coin has kept themselves anonymous. Now, though, they’ve opened up multiple communication channels and removed some layers of anonymity. 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. Today listing on Binance is a positive sign of acceptance and also will drag a lot of capitalization to the coin. Technicals As a majority of altcoins BCNBTC bottomed on the 18.03.2018 at the 0.00000025 price. On the 14.04.2018 the coin breakthrough above the 100-days EMA and major Bullish Trend Line, since then it was showing a sustained growth, which brought the coin above the 0.0000007 level till today. Today, after the official listing on Binance the coin showed significant upward impulse from the 78.6% Fibonacci zone (almost bottom of the coin) to the 38.2% Fibonacci level of the global uptrend, this is almost 3x rise. The uptrend impulse reached 0.000002 level and went into a correctional pattern. If the price were able to preserve Bullish bias, by reversing above the 0.0000014 zone, that would be a good basis for the further growth. So, it would be wise to wait until the price forms a rebound pattern to consider buying in. Breakthrough below the 0.000001 level would cast a shadow on further growth of the coin.
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by DestinationMoonCrypto
12