Bytecoin / BCN: Potential 50% Swing In Sight

in cryptocurrency •  6 years ago 

Hi there, I will make it quick and painless: Fred sees a whopping 50% upswing on Bytecoin and it might happen soon.

Before I continue, please make sure to visit Fred's Discord to talks predictions, trading and cryptos!

Since the lows on all levels of Fred are very close to each other, rest assured we reached a strong support (which goes along with support levels as shown in several TAs out there).

Question is, where it is going from here?

Well, since we have a similar situation on all Fred's level highs and the first test breaking the current 30 sats resistance just happened, we will likely see another re-test of the 22 sats level before BCN will make another try to break out from 30 sats and likely settle around 34 sats:

Level 1 highs and lows for Bytecoin
Level 1 highs and lows for Bytecoin

Level 2 highs and lows for Bytecoin
Level 2 highs and lows for Bytecoin

Level 3 highs and lows for Bytecoin
Level 3 highs and lows for Bytecoin

Summary

Due to the strong support at the 22 sats level we will likely see a bounce, retesting breaking 30 sats with a good chance of settling at around 34 sats, bringing us a potential 50%+ gain.

This article has been made with the help of Fred (CoinStudio) and a lot of love.

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