BitBay (BAY) is available for trading on Bittrex and other less known cryptocurrency exchanges.
We have some trades that are moving strong, others that are growing slowly, some have small market cap. while others have huge market cap., we have everything for all likings, and BitBay (BAY) will definitely be a great addition to our amazing trades.
So let's get started my amazing reader... Let's trade!
BitBay (BAYBTC) Trade Analysis by Alan Masters
Buy-in: 0.00000680 - 0.00000790
BitBay (BAY) Targets:
(8) 3075 (0.000003075 All Time High)
These numbers are satoshis. 847 Satoshis = 0.00000847 btc .
These targerts include short, mid and long term resistance levels. Use these as reference, and remember that not all targets are meant to be reached. They are meant for you to have an estimate to know when to sell for profits or to accumulate more by buying back lower when the price retraces after a peak is reached. If this is too complex for you, you can simply ignore this and follow my basic strategy, which is:
Buy within "buy-in" range (which is the price levels above).
Hold / wait.
Sell on target.
That's all there is.
If the price starts to go down hard and the trade goes "bad", then you can use the "stop loss" as price reference to exit the trade. This is when you stop your loss. I personally don't use stop loss because the market manipulators move the price of certain coins just to kick out those using a tight stop loss. In the cryptocurrency market, in an uptrend, it is better to be patient and hold.
Stop loss: 0.00000620
Note: Trades are only updated here when a target is reached, when there is an important announcement or when we update our stop loss after hitting a few targets (trailing stop loss). Not important updates are shared in the public profile. Thanks for your continued support.
CHARTS, SIGNALS & INDICATORS
BitBay reached its all time high on the 3rd January 2018. After retracing for almost 4 months, it touched bottom (24-March @ 430 satothis) and started to move up strong, doubling in price. After the last peak was hit, the retrace came and now we have an opportunity to buy and hold to profit from its next wave up.
Here is the daily chart:
The and are in an uptrend, we are now in a retrace, but this a great time to buy.
The is sitting at the bottom, which is , but this allows for plenty of room for growth, it also shows that the retrace is reaching its end and we are on the buy zone for this coin.
We are on the lower part of the .
The weekly chart shows signals of positive action comign in the near future, maybe just a few weeks from now.
Position yourself and you will be buying a potentially very profitable coin at a very good price. Once this one takes off, you will see great profits and this coin can be used for swing trades as well.
Note: This is a long term trade. It will require time to develop. The first few targets, which are the short ones, can be reached in a matter of days or just a few short weeks.
LET'S START AGAIN!
Here comes the race, again, to the top.
We are the participants, we train before the start.
Let's all enjoy together, not only the end but the process as well.
Living each and every single moment, will bless us with plenty of wealth.
So after a short break, a simple but sweet retrace...
We now focus on the money ...
Hey ... What are you doing?
Let's Start Again!
When the price dips (goes down), feel free to rebuy and reload.
I moved some OkCash funds to BitBay, let's see how this one goes.
Here is the 4 hours chart:
Here is the strategy that we will follow for this coin/trade:
1- Ignore the stop loss.
2- Each time the price dips, rebuy and reload.
3- Keep doing this for as long as you want/can.
We sell on target when we start to move up again.
This coin has very strong price swings, when it shots up, you will be seeing 20-30% on each hit.
So feel free to buy the dips (buy up, rebuy and reload each time the price drops)... Long term.
P.S. You will thank me later.