BCNBTCRebound to 0.5 Fib before next move up.

22 במאי 2017Looks like BCNBTC is ripe for a rebound to 0.5 Fib (150 sats) before the next leg up. Good entry point for those who missed the first ride. Target of 441 to 600 sats for a healthy profit.

24 במאי 2017

הערה

Sideways movement with decrease in OBV. Expect some sideways movement.

27 במאי 2017

הערה

BTCUSD correction is dragging the Alts down as well. New money is panic selling. This is to be expected when such a big correction takes place. This is when money moves from weak hands to the strong. 0.236 Fib is the next support level to watch. OBV is also holding quite steady with some decline but it's not too steep. BCN is showing strength in a time when others are plummeting.

29 במאי 2017

הערה

Support found at 0.382 Fib and holding so far with minor incursions below the border. OBV is still strong. The market is holding on to BCN, which is a sign strength.