Panjang
ParkByte Has The Potential To Double In Value

ParkByte has been trending upwards since it tested the low at $0.08 on the 11th of July. Price broke the 200 Moving Average and continues to trade above it. PKB/USD at the same time has been trading within the ascending channel, but on the 25th of December managed to close above, signaling that the uptrend could accelerate.
The buying opportunity is there and considering the recent price action, ParkByte could more than double in value against USD, targeting $3 psychological resistance level. At this price two Fibonacci confirming the resistance, first is the 127.2% applied to the corrective wave down from June, and the 361.8% Fibs applied to the corrective wave after the ascending channel breakout. Keep in mind that break below the $6.5 support could invalidate bullish outlook.
The buying opportunity is there and considering the recent price action, ParkByte could more than double in value against USD, targeting $3 psychological resistance level. At this price two Fibonacci confirming the resistance, first is the 127.2% applied to the corrective wave down from June, and the 361.8% Fibs applied to the corrective wave after the ascending channel breakout. Keep in mind that break below the $6.5 support could invalidate bullish outlook.
Nota
Nice wave upDagangan ditutup: sasaran tercapai
Closed at 2.85Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.