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BNT

BNT is still fallingAfter the sharp rise on the chart where I wrote "strong sell", the whales sold a lot of this symbol and the symbol has entered the correction phase. After the drop it is now resting to drop more. I specified the location of supply and tp, and I also specified the invalidation level, that closing a 4-hour candle above this level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Short
by behdark
1
BNT THE FIRST COIN THAT CAN SHOW EXPLODE in 2023Thank you for taking the time to read our update. Please remember that this is not trading advice. We are familiar with the cryptocurrency market, where some coins appear to increase in value but eventually return to their initial levels. This is why many cryptocurrencies are considered risky, as they often lack a consistent upward trend in their price cycles. Could BNT be the first coin to establish a sustained increase, reaching $1 or even $3? This is precisely what we will be monitoring in the near future. However, this can only happen if BNT can maintain stability on a weekly time frame, which is something we need to confirm. If BNT follows a pattern similar to that of large investors (whales) and experiences a significant increase in trading volume, it may have the potential to become one of the best-performing coins in 2023, with unexpected price growth. For now, it's a coin that we are closely watching.
Long
by SatochiTrader
1
BNT/BTC - Bancor: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $BNT / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00001319 | 0.00001361 | 0.00001427, and the major support zones can be found at 0.00001253 | 0.00001229 | 0.00001163. Consider entering at the current price zone of 0.00001799 and targeting higher levels. ◰◲ General info : ▣ Name: Bancor ▣ Rank: 279 ▣ Exchanges: Binance, Huobipro, Poloniex, Bittrex, Kraken, Hitbtc ▣ Category/Sector: Financial - Decentralized Exchanges ▣ Overview: Bancor is a decentralized exchange (DEX) built on the Ethereum and EOS blockchains. The Bancor protocol employs an automated market maker (AMM) smart contract to facilitate token trades against token liquidity pools without matching buyers and sellers. It has a built-in token called BNT that serves as the common price token to fulfill trades among other smart contract tokens. A portion of total trading fees are distributed to Liquidity Providers, or LPs, that deposit tokens into Liquidity Pools. Trading fees also protect user deposits from Impermanent Loss while minted and burned BNT supply maintains the constant market function for continuous token pricing. While Bancor already exists on Ethereum and EOS, it can be integrated into any smart contract-enabled blockchain to provide cross-chain liquidity. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00001799 ₿ ▣ 24HVol: 121.240 ₿ ▣ 24H Chng: 23.813% ▣ 7-Days Chng: 35.80% ▣ 1-Month Chng: 37.51% ▣ 3-Months Chng: 14.85% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00001319 | 0.00001361 | 0.00001427 ◢ Support: 0.00001253 | 0.00001229 | 0.00001163 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 2.77 ▣ Last 90D: 1.00 ▣ Last 1-Y: 0.41 ▣ Last 3-Y: 0.15 ◲◰ Volatility : ▣ Last 30D: 1.84 ▣ Last 90D: 1.14 ▣ Last 1-Y: 0.84 ▣ Last 3-Y: 1.12 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.49 - Bearish ▣ Reddit sentiment score is 0.54 - Bullish ▣ In-depth BNTBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
B
by Crypto2AF
BNT (Bancor) Token Analysis 14/04/2021Fundamentals: Bancor consists of a series of smart contracts that manage the on-chain conversion of tokens. The protocol makes it effortless and quick to convert tokens without having to go through an exchange. The protocol's smart contracts manage the liquidity pools that connect various tokens available in the network. The major token used on the network is the “Bancor Network Token,” BNT. Currently, Bancor and Uniswap are the frontrunners for this new DeFi trend. Bancor enables the seamless conversion of tokens used in the network. This removes the need for an exchange or third-party platforms. The protocol also maintains several self-governing pools for tokens supported by the network. The uniqueness of Bancor is in their goal to create liquidity for altcoins and to remunerate liquidity providers. The protocol monotonously converts various crypto tokens into other tokens, including those running on other blockchains, without the interference of a third party. BNT, the protocol’s main token, is the default for all smart tokens created on the network. Bancor’s creation of smart tokens is the first of its kind to be built via blockchain technology. The protocol’s main objective for creating smart tokens is to provide a lasting solution to liquidity problems, hence making it different from other market makers. The protocol’s smart token allows traders to provide liquidity for the pools available on the network. Anyone can contribute liquidity to the pools. When liquidity providers contribute liquidity to a pool, they are eligible to receive rewards for trades that pass through the pool. Liquidity providers will receive pool tokens that represent a percentage of their total stake. Bancor was founded by Eyal Hertzog, Yudi Levi, and Galia and Guy Benartzi in 2017. It was named "Bancor" to honour John Maynard Keynes, who came up with the word 76 years ago to describe a supranational currency. Eyal Hertzog is the product architect of the protocol, BNT, and other products that utilize the network. He is a known voice in the crypto industry and has been a technology entrepreneur for over 20 years. He previously founded MetaCafe, a top video sharing site in Israel with over 50 million users. Guy Benartzi is the chief executive at Bancor. He also co-founded Mytopia in 2005, a company that develops cross-platform games for users on social networks. Galia Benartzi has been a technology entrepreneur for many years, and is a co-founder of the Bancor protocol. At Bancor, she is the business developer. She is also the CEO and founder of Particle Code. Yudi Levi is the CTO at Bancor. He has been a technology entrepreneur for over 20 years. He previously co-founded AppCoin, an app that allows communities to create their own currencies. In January, Bancor made a move to provide more liquidity and awareness for its native token. Therefore, it distributed some ETH/BNT valued at $60,000 into various wallets that were holding a required minimum of BNT. In 2017, the protocol raised more than $144M during its initial coin offering. The protocol allows other tokens to be liquidated as well. However, these tokens (also called reserve tokens) must comply with ERC-20 or EOS standards. Bancor ecosystem supports a two-way token model: liquid tokens and relay tokens. A liquid token is an automated token with a single reserve that mints and destroys itself. It does this either by sending the reserve token to its smart contract or removing it from the smart contract. In order to use Bancor Network, a liquid token must have its reserve token either in BNT or a derivative of BNT. On the other hand, relay tokens are used in staking to provide liquidity. The token holders will get a percentage of the future earnings of Bancor. Relay tokens indicate the proportion of amount staked to the total value in the pool. As at the time of this writing, Bancor has facilitated over $2 billion trades involving several tokens, as well as cross-chain tokens. The network has made millions through staking, which are distributed to BNT token stakers. Several exchanges that support BNT include Binance, Coinswitch and ZenGo The live Bancor price today is $7.13 USD with a 24-hour trading volume of $132,660,982 USD. Bancor is up 2.30% in the last 24 hours. The current CoinMarketCap ranking is #83, with a live market cap of $1,272,103,055 USD. It has a circulating supply of 178,430,973 BNT coins and the max. supply is not available. The top exchanges for trading in Bancor are currently Binance, Huobi Global, OKEx, CoinTiger, and FTX. Technical Analysis: The token has done its Initialization and accumulation phase followed by Some Move UP and Distribution. Currently this token is at the consolidation and Reaccumulation phase and it has very high chances of Repumping and start of its new Impulsive cycle. There are some chances that the price Falls to the Fibonacci Golden Level where it can Starts its New Rally from there. There are total of 3 Targets Defined by Fibonacci Projection where as we get the 3 TP confirmation as soon as the Price triggers the 2 Target followed by some Price Correction and retracement in the Parallels Leg zone of the same fib projection.
Long
by BitonGroup
10
$BNT/#BTC [#Bancor]: Resistance_Breakout_Confirmation◳◱ We've detected a Resistance Breakout and Confirmation on the $BNT / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.0000207 | 0.00002143 | 0.00002306 and the major support zones are respectively at 0.00001907 | 0.00001817 | 0.00001654. We may consider entering a trade at the current price zone at 0.00002045 and targetting higher levels. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00002045 ₿ ▣ 24HVol: 4.624 ₿ ▣ 24hChng: 0.988% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.0000207 | 0.00002143 | 0.00002306 ◢ Support: 0.00001907 | 0.00001817 | 0.00001654 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: BUY ◰◲ Technical Indicators Summary : BUY ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.57 - Bullish ▣ Reddit sentiment score is 0.44 - Bearish ▣ In-depth BNTBTC technical analysis on Tradingview TA page www.tradingview.com ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
B
by Crypto2AF
#BNTUSD - Potential for Something Really Big HereThis could end up being one of those trades you remember for a long time - we've recently broken out of a clear consolidation channel to the upside and there's some big jumps to resistance! We've got a *small* TP set at 20% above current price, with TP2 and TP3 at massive percentages above. If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ theCrypster
KRAKEN:BNTUSDLong
by theCrypster
17
Made own "Mutual Fund" with Altcoins that have > 10X potentialTHIS IS COPY PASTE done earlier today OKAY! Made own "mutual fund" with #crypto #altcoins that can do >10X, if $BTC runs of course, IMO We'll go by PRICE order $BADGER Nov peak = 10x, goes to ath = VERY NICE NICE fully Diluted Still decent volume #defi #yield $BADGER has 19M coins circulating = easy pump - $BNT 2022 peak is not much but ath is 20X Has decent volume Great Fully Diluted Not very hard to be pumped - $DODO Weird name :D Fully Diluted sub 50% Chart best so far, above both avg's, looking to CROSSOVER 2022 high not much but 2021 can be 10x+++ - $OGN chart looks good, trading above both avg's 2022 high not much but ath is 20X Fully diluted is acceptable Buying coming in GOOD VOLUME - $TLM = least fav Horrible tokenomics & still has big circulating supply GOOD Volume, some buys Like chart, above both moving avg's STEADY user base 2021 high = 20x - $WIN LIKE NAME! Weakest chart of all Great Fully Diluted Good volume Honestly, like the name LOL #Launchpad #Oracle
by ROYAL_OAK_INC
1
#BNTUSD - 25% Short Trade After RejectiontheCrypster - After an explosive sell-off almost a year ago we've had an extended period of consolidation, with moves from the top to bottom of the consolidation's trading range. Although it looks like we may be getting close to the natural end of this period, we think there's still time for a relatively huge 25% Short trade from top to bottom, resistance to support. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:BNTUSDShort
by theCrypster
6
BNT/USDT TRADE SETUP! MASSIVE BULLISH DUVERGENCE!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BNT/USDT TRADE setup. BNT(Bancor Network) looks great here. According to the daily chart, BNT is moving inside a descending broadening wedge pattern where the breakout is still pending. Once it breaks the wedge it will pump hard. Also, RSI is making a massive bullish divergence in the daily timeframe. So try to accumulate in the given range with the tight SL. Entry range:- $2-$2.16 Target:- 100% SL:- $1.9 If you like this idea then do show your support and hit the like button. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1