Please before read this.. dont follow my advice to trade as this coin is very very very unpredictable as this coin is very small marketcap below $ 0.20 billion . I dont responsible if you're gonna holding bag for a long time as i trade this coin with small stake i had and this post only an opinion.
From indicators
MACD is still can continue it's momentum it's trend to downside but it can changed dramatically as this coin is just a small marketcap.
RSI is already on lowest level for 2019 and seems testing 30 value over neutral zone.
resistance #1 15 satoshi (20 ema)
resistance #2 16 satoshi (50ema)
reistance #3 20 satoshi (200ema)
keep in mind this coin quite hold alot of gain and risk as 29 november 2014 price drop into 1 satoshi before they 29x 1 year later ..As ALTseason will come.. i believe this coin have a potential gain for a exponential profit while there's a catch for being unpredictable.
As for me personally i'm waiting for the 17 may 2019 hardfork whether that news will move up the price or not. Small capital coin do tend a volatile movement how it handle the news such as hardfork news or etc.
https://twitter.com/Bytecoin_BCN/status/1128683811611525120
- Bytecoin_BCN
Though this isnt guarantee, the impulse movement often happen during downfall or while btc dominance on the bottom.
take a look into these 2 charts:
BCN
BTC dominance
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
