@Obyte (#gbyte) very bullish. Take profit from Fibonacci. Playing above support(last resistance).
Still im waiting Gbyte big bounce. Strong weekly support is at level 21.08$ and daily trendline holds. In the end we can see big bounce up if we get hit from support or we break out from trendline and we get candle close above this line. Right now i dont belive that we break weekly support and going more down. Eyes on this chart.
Checking weekly, bi-weekly and monthly charts. Obyte-USD is in compression for 1078 days, which is just under 3y. I reckon that December will be explosive for this market pair and Obyte-USD will be trading between $200 and $300.
The BITTREX:GBYTEUSD known a violent price correction today. The target @ 34$US is still there. The bearish resistance is futile.
BITTREX:GBYTEUSD @ 34 dollars between December 25th and 2021, January 4th
Gann, volume, and some magic. I might just be a little biased, really starting to like the fundamentals on this coin so take this with a Shill Pill. $OBYTE $GBYTE
Obyte was hit hard by speculation during the last bull run, and with only 600,000 coins in circulation its no surprise it fell like a ton of bricks with the market. The good news is, the sharp decline also brought the MAs down quick so a sharp move up is possible. Obyte has made a lot of progress in the meantime from a dev perspective and is set to launch on BITZ...
GBYTE rebranded to OBYTE is fundamentally a really unique coin. Its yet to be discovered but it's gaining some ground as its being added to other exchanges and built upon. There's an opportunity for OBYTE to make a nice move up in the near future but keep in mind this is a lower volume, low supply coin that is directly linked to BTC's performance and volume.
Marked some points of interest and paths of least resistance. Please follow the trend lines as OBYTE moves and as the price aligns with the fans and intersections. Pretty easy- If it's on a trend line, respecting it as support, its heading that way because its a path of least resistance. If the price breaks the trend line, it should respect the the next...
Not trading at all. Would just be interesting to see what happens if this is indeed the bottom and the weekly TTM squeezes long.
At the end of June Byteball has tested the low at $100, which is a strong psychological support. After bounce, price went up and broke above the downtrend trendline, corrected down, and went up again, this time breaking above the 200 Moving Average. GBYTE/USD then bounced off strong resistance area at $150 and went down sharply. Currently it is trading at the...
I think Gbyte bottom has been reached. Higher lows on RSI for the past month and currently at 50, it has to stay above 50. MA Crossover imminent. RSI divergence triggered the reverse. current supply is very low, although there's an airdrop coming. Goodluck! Not a financial advise.
Technical analysis: . BYTEBALL/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (114.00 to 95.00). if so, traders can set orders based on Price...