Byte Coin looks to have it the 20 period exponential moving average (EMA) which is a significant psychological level for traders.
- the level matches the .382 Fib Level which is also significant trading level
- the price level is .00011 BTC exactly.'
this would represent significant support for this Cryptocurrency. I expect a bounce off support for further upward movement. this isn't financial advice only my observation. Happy trading
please upvote comment and resteem if you like this.
Yes , it will bounce, but if it not then bytecoin will go back to square.
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Solid blog. Nice to see I'm not the only one who thinks like this. Some people say it's a high risk market but if you're willing to hold your coins with a 2 to 5 year vision I bet the risk might not seem that high by then :-). Do you know this interesting site? https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis. On: https://www.coincheckup.com/coins/Bytecoin#analysis To see the: Bytecoin Analysis