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From where we entered "START" on the chart, it looks like a big triangle has started. This triangle will eventually end in a drop It seems we are now in wave D of the big triangle By keeping the red box, it can drop towards the swap range. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget...
💎 BNT has garnered significant attention in the market, notably after successfully reclaiming and breaking out of the resistance area. However, before continuing its upward momentum, BNT is likely to undergo a retesting phase around the $0.85 support level. 💎 There is a high probability that following this retest, we may witness a substantial upward movement,...
Now, upon further investigation, we can say that after the diametric (where there is a green arrow) we may have a more complex ABC or bullish pattern. BNT can continue to climb while maintaining the green range. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital...
BNT USDT -21/03/24 After purely technical analysis, right now is almost perfect time to go long. It is going to take a pretty long time to reach TP @0.9541
BTNUSDT appears to be unveiling an ideal buying opportunity following a bullish breakout. Notably, the repeated respect for a key demand zone laid the foundation for the subsequent bullish momentum. The breakthrough above the downtrend trendline served as a second confirmation of the bullish sentiment, reinforcing the likelihood of BTN continuing its northward...
It has had a sharp drop and the power of sellers has been reduced for some time. It has a support range inside bar which I marked with green color. We also have a Boolean mCH. The green range is a strong support and can move up by maintaining this range . Count on TP 1 more For risk management, please don't forget stop loss and capital management When we reach...
💎 BNT has recently seen noteworthy developments in the market. Presently, BNT is in a consolidation phase within the support zone. 💎 There is potential for a bounce from this support zone, with the next target being the resistance area at 0.842. 💎 The resistance zone holds key importance, as a successful breakout probability could lead to a relatively...
Hello Fellow Traders! 👋 Exciting news on BNT/USDT – it's been simmering and looks like it's ready to sizzle with a potential pump anytime soon. 🟡 Buy Zones and Targets: Take a peek at those yellow lines – that's our buy zone! Targets are neatly marked on the chart with red lines and greens for good measure. 📉 Low Circulation Alert: BNT is working with a lean...
BNT is preparing to be drawn back up like a magnet. Its high was $19 se we haven't seen the last of the game on this one. Stack BNT and XRP and you should be fine for the next years but while XRP sleeps it always has very strong impulse moves that are hard to catch so building a bag on that is the best bet. I recommend scalping trade and placing money into these 2...
We have a pattern of cups and handles. The fan handle itself is also a pattern of cups and handles. This pattern has taken enough time. We have a backup order block which is a good support and is below the price. We have rising CHs and mCHs in a row. It looks ready to fly. For risk management, please don't forget stop loss and capital management Comment if you...
Below is a speculative trading idea for the BNT/USDT pair. As of writing, the asset's value has decreased by more than 50% after a strong growth of 240%. The asset meets our expected indicators and reaches a high of $1.9546 . We decide to acquire the asset at the current price of $0.8426. The 50-day moving average serves as support. A decrease in seller...
Thank you for reading this update. Depending on our study we see that BNT has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. The coins show a high volume for the possibility of increased break. #Nottradingadvice
#BNT The coin came to resistance at $0.7524 Since we are in a bullish trend, a small rollback is possible, the main thing is not lower than $0.6191, then there will be a move to $0.8953 (1.) There we can see consolidation with a continuation of the upward movement to $1.2494, where there will either be a strong pullback (3.). Or a breakout up to $1.5960 (4.),...
A descending triangle has formed, we are now in wave E of this triangle and we have descending CH and BOS. We also have a falling QM, which is now trading below the qm level. The green box will be the main price target. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
BNT already touched the 1hr trendline 4times already and I expect to break it when next it test it after a bearish retest is down above…. Good to take a short from the short as indicated on the chart….. Follow for more market update
A bit closer look at BNT/USD... not a huge fan of fan fib but here's an example. we could see this push up to the .66 and if there is a break we could see some major movement within this coin. Not financial advise keeping a small bag to make a decent profit as XRP/USD is a more reputable coin in the long term. This coin is strictly for scalping some quick profits...