Richart

BCNXMR Bullish Bullish Bullish

Long
POLONIEX:BCNXMR   None
After binance spike, BCNXMR is the pair which was the strongest in correction phase.

If January resistance breaks, the binance high is just a matter of time.

MACD is nearly crossing in daily, watch out!

On the fundamental hand, Bytecoin was often blamed being a scamed from Monero community.
You can only speculate, but the rise of XMRBTC in 2017 is also mainly due to a very strong community.

The Monero community weakens a lot, looking at a few unsuccessful hardforks,
moreover the XMRUSD Chart is one of the weakest in crypto at the moment.

It seems likely that Bytecoin will strengthen its position as first cryptonote coin.

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