BYTEBALL (GBYTE) & Head & Shoulders Pattern

in #byteball • 7 years ago (edited)

SUMMARY

Byteball (BGYTE) had undergone a complex wxyxz wedge correction which burst out in a five wave impulse (white). I've labeled the abc as a simple zigzag and the key question is if the bottom is in or not. As long as Bitcoin performs, I beieve it could be highly likely.

The pattern that seems to be paint a bullish scenario is the inverted Head & Shoulders as shown in below chart. The pattern is also confired by volume thus far. IF this pattern is correct, then the right shoulder should start completing soon. This could allow price to rise towards $887 or so.

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#money #cryptocurrency #blockchain #altcoins
7 years ago in #byteball by
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     7 years ago  

    Good to read this post as it gives me a good insight of the discuss matter, keep it coming and don't forget to give me a cool reward on my thread. Enjoy

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     7 years ago  

    Thanks for this analysis! Please do SPR, I'm curious if you think it will come back after it failed to fork in late January and sentiment is now that it was/is a scam.

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     7 years ago  

    Great info! I have taken a liking to Byteball, but can anyone recommend a channel/blog to follow that trades on Satoshi value as well? I personally can't trade in USD (I'm South African) so it makes it a bit difficult going by these USD signals, although we do appreciate it nevertheless.

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     7 years ago (edited) 

    Are you going to downvote until i die? İs it ethical always? You are such a bad analyst and you earn to much everyday? Money is not everything? There is not a good authority which will analyze our posts quality. You think that members like me mustnt earn money. İt is not ethical that i had only wrote The link in wrong place. You may warn. instead you had behaved like an enemy. if you want to killme , money is not the gun haejin. And also i didnt write a post for nearly about 20 hours in your blog? Whats The reason of your hate like an enemy?

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     7 years ago  

    I think i will do a research on Byteball to understand it better.

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       7 years ago  

      nice content take a look on my posts as well, need lot's of your upvotes :)
      https://steemit.com/remoteworker/@rizwana/life-of-a-remote-worker

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         7 years ago  

        Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 249.34 SBD, based on the pending payout at the time the data was extracted.

        If you do not wish to receive these messages in future, reply with the word "stop".

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           7 years ago  

          greatstuff!!! :):):)

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             7 years ago  

            I'm thinking he was wrong on this one.

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               7 years ago  

              Head and shoulders was the very first pattern I learned. I tried to apply to every chart and led me to some trouble...always nice to identify head and shoulders and get good confirmation from you!!

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               7 years ago  

              Congratulations @haejin, this post is the fifth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 32 and the total pending payments to posts in these categories was $5203.30. To see the full list of highest paid posts across all accounts categories, click here.

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