GBYTEBTC trade ideas
Buy at the bottom or frightened turtle?Not much in the way of historical patterns to go on.
Could the price be squeezed down a little more before breaking out? I guess bittly-coin could pull it down further.
Will it poke it's head up for a quick look around, then act like a frightened turtle?
What will happen when the price starts approaching the 50MA?
p.s. I'm not here to show you short-term 'rocket to the moon' drawings. Just fun times and coloured lines.
OBYTE GBYTE rebranded to OBYTE is fundamentally a really unique coin. Its yet to be discovered but it's gaining some ground as its being added to other exchanges and built upon. There's an opportunity for OBYTE to make a nice move up in the near future but keep in mind this is a lower volume, low supply coin that is directly linked to BTC's performance and volume.
Looks like an accumulation bottom here. Pump on Jan 29 or beforeFrom a technical perspective, if this is the bottom, we should be seeing some significant price action in the near future.
At a glance, the breakout is confirmed, but does require additional money flow to generate more interest and FOMO effect as this thing will shoot RAPIDLY.
With only 1 million supply, i bet the liquidity is weak here. So the upside swing can be quite dramatic here.
I am certain, that somebody is preparing to pump this coning any time now. Any favorable event will push the price in double digits.
Don;t invent here anything if u are not willing to loose at least 10% of your investment, as this coin, can and will get volatile.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
Another byte bites the dust? Not so fast: 100-300% gainThis feels like a bottom to me.
The price action at 5, indicated a huge demand.
I have no idea what this coin does , but price action at 3, had some good returns.
And ABC pattern is just beginning.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
PS: Sorry guys, i know i got a lot of coins to cover. Will do them as soon as i can.
GBYTEBTC starting a new uptrendGBYTEBTC has been in the dumps for a long time. However, the chart points to a likely bottom. After staying below the horizontal resistance for a long time, price has broken out and sustained above it.
The 20-day EMA and the 50-day SMA are also on the verge of a bullish crossover. If the sentiment in the crypto universe remains neutral to bullish, we should see a rally higher.
We will not give a particular target level on it, we shall prefer to trail the stops higher or sell when the uptrend stalls because if we are correct in catching a new uptrend, it should continue for sometime.
We shall sell it, if it turns down and remains below the horizontal support for about three days.
