LONG_38
STOP LOSS_30
targets according to fib levels
Usually bcn follows doge run and climbs slowly, blue line is a strong support above 26-35
Good squeeze momentum on weekly and daily, good luck.
This is no financial advice.
Technical analysis:
. BYTECOIN/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000880 to 0.00000770). if so, traders can set orders based on...
Technical analysis:
. BYTECOIN/MONERO 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 52.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
Technical analysis:
. BYTECOIN/MONERO is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. BYTECOIN/MONERO is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
. While the RSI downtrend is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to...
