Bytecoin possible reversal

6 mar 2018

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.

6 mar 2018

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.

8 mar 2018

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.

14 apr 2018

Nota

And we're back at the 35 satoshis. Maybe now it will reverse the trend.

21 apr 2018

Trade chiuso manualmente

I closed my trade at 48 satoshis.