Bancor/TetherLong
BNT Technical Analysis in Weekly Timeframe
Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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~ Short-term market movements.
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Now, let’s dive into this chart analysis:
BNT/USDT is showing potential for a significant breakout from the current symmetrical triangle pattern. The key support levels are holding strong, and technical indicators are aligning for a bullish movement.
Coupled with strong fundamentals, Bancor is looking for growth in the upcoming months.
- Accumulation Range: $0.5216 to CMP.
- Lower Support: $0.455.
- Initial Target: $1.48.
- Mid-term & Long-term Targets: $5 to $10 (8x to 16x).
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
BNT/USDT is showing potential for a significant breakout from the current symmetrical triangle pattern. The key support levels are holding strong, and technical indicators are aligning for a bullish movement.
Coupled with strong fundamentals, Bancor is looking for growth in the upcoming months.
- Accumulation Range: $0.5216 to CMP.
- Lower Support: $0.455.
- Initial Target: $1.48.
- Mid-term & Long-term Targets: $5 to $10 (8x to 16x).
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
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