Bytom
BYTOM BTM: $0.18 | easy double to the MOONa game changer that digitize your hard assets into with an ORGANIC price action
that gets everyone on board before the next lift off
Driver: user friendly to Devs from other space and Venture Capitalist piling up placements
BTMBTC 1DBytom; breaking falling channel may start seeking a new trend on long term. For the present; CCI, RSI, MFI gives overbought in the daily. Take this into account, can come out profitable if take action in suitable time.
Break a leg, good luck!
[BTMBTC](83% PProfits) Bytom Bittrex Trade @AlanMastersBytom (BTM) Overview
Established in early 2017, the Bytom (BTM) Blockchain project was launched to develop a protocol that could tokenize assets from the physical world and represent them in the digital world on a decentralized network. Aiming to help businesses and individuals to register and exchange assets such as securities, bonds, deeds and various types of information, the Bytom blockchain uses a proof-of-work protocol that designed to enable customized contracts, promote AI technology, and provide unique identifiers for assets following a standardized naming convention.
Bytom (BTMBTC) Chart Analysis
I started to look at this chart… This was the one that caught my attention, here is what I see… This is the chart:
BTMBTC hit a low on the 13 of May, and this low was retested on the 28 of June, but not quite since it hit a bit higher, creating a higher low.
The first attempt to break above EMA10 above this love produced a high volume inverted hammer. A bullish candlestick which indicates in this position an upcoming change of trend.
We have the double bottom/higher low and the bullish candlestick supporting each other.
The indicators are also moving higher, gaining momentum and creating higher lows.
There is good potential to move up from here…
The weekly time frame supports this analysis and shows that BTMBTC can move up from here after consolidation. Consolidation here can take as little as 1-3 weeks.
Bytom (BTMBTC) Trade by Alan Masters
Buy-in: 0.00001366 – 0.00001477
Next support: 0.00001250
Targets:
(1) 0.00001560
(2) 0.00001700
(3) 0.00001920
(4) 0.00002080
(5) 0.00002270
(6) 0.00002500
(7) 0.00002650
Profits potential: 83%
(Buy-in calculated at 0.00001447)
Stop-loss: Close weekly (1W) below 0.00001100.
Capital allocation: <5%.
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Take it easy … This is just entertainment for your meditations…
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Namaste.
#BITCOIN #BITCOINPRICE #BYTOM #TRADING -BYTOM (BTM)
THE FOUND BOTTOM OF BYTOM WAS AT 1090 Sats. AFTER THAT, PRICE WAS BEING SUPPORTED AT 4262 Sats AND RESISTED AT 94619 Sats. RIGHT NOW PRICE IS AT THE END OF A TRIANGLE IN A DOWNWARD MOVEMENT.
THIS ARE THE OPTIONS:
THE OPTIMISTIC POSSIBILITY COULD BE IF PRICE STARTS GOING UP BREAKING BLACK, RED AND YELLOW RESISTANCE AND GET TO PURPLE RESISTANCE REACHING UP TO 33320 Sats.
THE CONVENTIONAL POSSIBILITY COULD BE IS PRICE STAYS BETWEEN YELLOW AND ORANGE LINES. IF THAT HAPPEN, PRICE MIGHT GET TO 20196 Sats.
THE NEGATIVE POSSIBILITY COULD BE IF PRICE FOLLOWS THE BIG TRIANGLE BETWEEN RED AND GREEN LINES. PRICE WOULD BE BETWEEN RESISTANCE AT 4262 Sats AND SUPPORT AT 1090 Sats.
STOP LOSS IF PRICE BREAKS ORANGE LINE.
