BCN 2H BREAKOUTits not quite a "bet the farm" situation.
bull flag on the break over the down channel and a follow through on the measured move.
at resistance now with better volume behind the push.
was fortunate enough to add at .0025
good luck!
BCN
I got some $BCN @ 50 satsstill early, just broke previous resistance and will continue to go up as long as BTC is uptrending
#BCN - History repeating itself?If we take a look at the previous movement we see that we are currently in a mirror like situation as seen before.
- We clearly see a divergence in the past between the TK and KJ
- We clearly see a divergence downward from a red kumo
What I think will happen:
- We are sitting on a resistance line according to the volume profile (>40 SATS). If it holds, we will linger around this level and gradually pick up and creep closer to the bottom of the red kumo.
Things that will make me excited and prompt action:
- TK cross KJ
- Breaking 56 SATS
- RSI leaving the oversold range
- Double MACD cross where yellow line crosses upward
The above mentioned indicators IN ADDITION TO increased volume with the increase in price would provide me a bit more confidence in sustainable growth.
Assuming the lack of upcoming news quite similar to the Binance listing, I would presume this to linger in the couple month range for the star of the consistent upticks.
byte coin repeating its old pattern? revised perhaps I neglected a crucial spike in my past analysis
BCN under 45 good deal for long termWe get out of green zone with this coin and it entered and reached moving average from before "takeover" when Binance listed BCN. Good opportunity buy . it worths in dollars 0,002669. I think a rebounce will exist at 0,005$
BYTECOINSUCH A FALLING WEDGE.
HISTO AND MACD SHOW US A CORRECTION IS COMING.BEST WAY TO ENTER IS SEE BTC ACT.
TARGET IS ON CHART BUT STOP CAN BE MANUALLY SELECT BCZ BTC IS BROKEN THE TRIANGLE.
LETS SEE WHATS COMING.GOOD LUCK & HAVE A GOOD PROFIT.
$BCN Pattern found?Looks like the pattern is Sell, wait 90-100 day's then buy.
Sold 60 sats (Wait 92 days)
Buy 15 sats
Sold 115 sats (Wait 92 days)
Buy 30 sats
Sold 200 sats (Wait 92 days?)
Buy 45 sats???
Possible Short Term UptrendH Everyone,
Was going through my chart setup for BCN, and noticed a potential uptrend on the daily chart. Both RSI and Divergence are showing an uptrend, with RSI showing 3 potential resistance levels that have to be broken. (46.28, 54.50, and the 58.02)
With some heavy volume, we might see a nice upside short term.
We are still in a downtrend on the monthly chart. RSI has to test the 40 level before we can see confirmation of an uptrend.
Let's buckle our seat belts, and see what happens...
BCN/BTC LONG BCN I observed the 4h frame and it is accumulating quite well to prepare for the new rebound, stronger than the previous times:
BCN buy : 78-80SAT
Sell : 1st 96sat
sell 2st : 100-122sat .
BCN ON double-edged swordHello Every One. Bcn Is The The Descent Trend.We Have 2 Pattern On Bcn. Bearish Break Out And Cornea Pattern. BCn Need To Decision To Go To The Moon Or Go To The Hell. If Bcn Break The Signal Line And Go The Other Side It's Down The Line Goes To The Hell And You Need To Leave The Bcc Alone If Hit The 68 Next Target Is 41 ... Stop Lose Behind The Signal Line .. Another Side We Have The Cornea Pattern Can Be Start New Trend Bulish . Break Upside Line And Hit 76 Next Target Is 102 You Can Buy On 76. Put Stop Lose Behind Line.
Another Side On The Left Side In 1 Day Time Frame We Have A PRoblem Bcn Do not Make Major Pivot And Incapable To BReak Fibo 38.2% That Mean We Need To Make New Floor.
Tron on the first lower part of correction patternAssuming we are in the second wave, wave A is done, in process of quick gain with B, and wait for it to get to C, and then we start wave 3. Possible 70% profit on this trades, invalid if we get below 71.
BCN I'm ready again, fill my orders :) I'm ready again to fill the 50% as I sold at 97. Regrets that I did not sell all, but thought we might manage to reach 110. Still, 50 is much better than nothing. However, it is good profit to accumulate more for me now
Macd starts to slow down, I'm still bullish on bcn when I know there is a fork in the near future so i only trying to accumalte as many as i can
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#BCN : Bearish view, Double top in 4H $bcnbtc #crypto $crypto#BCN after that pump to 2220 sats, got dumped hard and went into correction phase.
Correction we see here is a ABC Zig-Zag .
Wave a retraced to 61.8fib
Wave b retraced to 38.2fib of Wave a
Wave c was a 0.618fib ext of Wave a, coinciding with the 78.6fib support.
After that ABC correction, we saw a spike if 35% till the 61.8fib region.
RSI is below 50 and stoch is also curving down.
In the 4H t-f:
Double top is in formation with critical support at 810 .
View is till bearish , after that X move till the 61.8 fib resistance, we can expect another correction pattern (possibly a triangle)
thus forming a double three correction combination .
Re-entry can be confirmed only after we see trend reversal patterns in price action.
BCN PREPARING FOR NEXT MOVEsupport established
consolidating nicely
next move should be a good healthy one
Bytecoin is not strong enoughBytecoin recovered some ground yesterday but today has been retreating almost 50% of the recovery moving close to $ 0.006. After having found fund at $ 0.005053 the pair tried to look for the Fibonacci Retracement of 50% but the buyers did not have enough momentum and the price stopped just before touching the 200-EMA, at the moment the pair is being sustained by the centerline of the Bollinger bands as the volume drops and stochastic points downwards in a clear sign of buyer fatigue.
Bytecoin, first target reached, second 0.00854 USD!Bytecoin was pumped yesterday and reached ist first short term target.
Second target is 0.00854 USD!
EDIT: We are in breakout zone before binance listing between 0.006610 and 0.007806. Due to some news there could start a second breakout from here soon.