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Bytecoin possible reversal
Bytecoin has been going down since the 01/06 almost 100 satoshis mark. It was a long way down until the heavy resistance at the 35 satoshis starts to push it back up. As we can see, there's a possible reversal on the MACD, so now it might be a good time to long it. The stochastic RSI also shows some signal of buying strength increase.
Nota
Be aware though that if the 35 satoshis resistance doesn't hold, it might try to test the 17~19 very heavy resistance. So, for educational purposes only, if you'll long it, you might put a stop loss just below the 35 resistance.Nota
The 35 satoshis support (sorry for the wrong terminology before) is still holding, even after almost one week. Therefore, we might still see the reversal.Nota
And we're back at the 35 satoshis. Maybe now it will reverse the trend.Trade fechado manualmente
I closed my trade at 48 satoshis.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.