we have a big resistant on area 685 with fibo levels if it break it we will see 750 - 870
With BitBay being the world's first fully functional decentralized marketplace I see some huge upside potential. BitBay enables you to buy and sell goods and services securely and anonymously using their unbreakable smart contracts and double deposit escrow system. 2018 we could see a $1+ $BAY #HODL :D
BitBay will still be expected to have some minor negative correlations, but is investible short term. Conservatively, I can expect at least a 10 to 12% return within the next 14 days with low risk. The long term price variation is still yet to be fully determined. However, having invested in Bitbay few weeks ago and looking at sudden rises in demand, I would say...
Wave 1 and tow complete. Bounced off the .618 fib nicely. Goal for next wave - 777
Look at the elliot waves.. Now is 5th time the same situation, in every 4 times, last wave was up 200-300%. I think now he can do the same, and new All Time High is too very possible in few days. Remember 30 November is hardfork, so.. ;)
There are new events and announcements until the end of November.
MacD about to cross, broke out of a downtrend. New wallet and hard fork in a couple days time
Price has reached a critical support level for the first time since August (just before it spiked to 894sats) and just like when it did eventually break that 800sat level within that month of August, it will again do so maybe within a week or two. I'm predicting a small turn in the market based on how low the RSI has droped since it touched the over bought...
$BAY - BitBay a Buy Rebounding off trendline $BTC $ETH $NEO $OMG $STRAT $ARK $IOP Note: Idea/Opinion, not investment advice.
Someone suggested I make an analysis on Bitbay and here it is. Looking at Bitbay, it seems to be going soon and this is my current setup for it. The risk reward is great with at 1:2 as the minimum. If this trade fail, we will look to enter at a lower price. Based on the price action, it seems to become a bit positive for the upside. Let me know what you think. Thank you.