Long
BCNBTC low risk profitable opportunity
At the 1 week chart it can be seen that a price touched long term support level. This level has been tested three times. Currently we can see double (triple) bottom was formed and indicators become bullish again. Stochastic, WPR and CCI indicate a good entry point, while RSI is neutral.
We can seen that each time a new growth wave starts when the price touches the global support level which coincide with Fib 1 retracement level. Here we can see a reapeat of this pattern.
Summary, BCN is recommended for the long term trade using the designed strategy. Buy zone, free target and the stop loss are drawn at the chart. Follow the updates for this coin and stay tuned
Sincerely,
SkyRock Signals team
We can seen that each time a new growth wave starts when the price touches the global support level which coincide with Fib 1 retracement level. Here we can see a reapeat of this pattern.
Summary, BCN is recommended for the long term trade using the designed strategy. Buy zone, free target and the stop loss are drawn at the chart. Follow the updates for this coin and stay tuned
Sincerely,
SkyRock Signals team
Trade active
Free target and the buying zoneWait till the price goes down to the buying range. Place a conditional order
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Claim up to 600 USDT in welcome rewards & compete for a share of 5,000 USDT in BitMart Futures Contest!
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.