BANCOR Another move up ? BNTUSDBancor idea
Possible channel formation and getting ready for the third touch
Under the red line is not the best scenario
Neutral on this one
Bntbitcoin
BANCOR Area to WatchResistance curve is possible
May lead to a rejection and a fall out of the trend
Watch area in circle for direction, I am neutral
Bancor (BNT) Trading Setup & MomentumWhat Is Bancor (BNT)?
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.
Who Are the Founders of Bancor?
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.
What Makes Bancor Unique?
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.
Why trade this?
I consider Bancor a top project and there's nothing that can make me change my mind. You can have set up of :
1. Either wait for the breakout of R1 explained in the chart.
2. Trade in the channel and wait for the breakout to happen, and it will, at a point.
Current closed trades (with success!):
February-March:
Chiliz
Digibyte
BAT
SC #1
SC #2
SC|BTC
March-April:
StormX
Perlin
ETC
DOGE
April-May (Open Trades):
OMG
NANO
BNT
For details comment at any time!
Don't forget to hit the like and follow button if you find this helpful!
Chartomatic
BNT/BTC (Test Old Support?)💎Technical Analysis Summary💎
BINANCE: BNTBTC
-Bancor is on a downtrend since the pick at 23k sat area
-Its value has declined by -70% already and still going lower
-If BNT will keep respecting this descending channel
-There is a channel to test old support at around 6k sat range
-But until this parallel channel is broken to the upside
-The Bears are still in control of the market
-I recommend waiting for a proper breakout followed with a volume
-This reduces the risk and have proper stop loss location
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
BNT/BTC (Temporary Top?)BNT/BTC
-Bancor may have found a temporary top at 23500 sat range
-The price has already declined by almost -26%
-If the current market price will not hold in the next 24-48 hours
-The next strong potential support is located around 14000 sat area
-This zone is a confluence of previous resistance and support
-Meaning, the chances of bounce reaction is high
-Let's watch this zone if BNT will give us a trading opportunity
BNT Bancor breakout Bullish H4 - bntbtc bntusd bntusdt INTRADAYBNT Bancor breakout - Bullish H4 - bntbtc bntusd bntusdt bnteth
BNT/USDT TA Update (strong trend-line breakout)BNT/USDT
BNT shows a strong breakout of this trend-line resistance plus a Moving Averages cross of 20 & 50 on the 4H time-frame.
The RSI is currently facing strong resistance level at 70 condition level, we may face some minor pullback to continue its uptrend again.
But every movement is critically base on Bitcoin's action in the coming days ahead.
There is no red flag yet, the bulls may start buying on the 1st pullback attempt before another leg up continues.
#BNT $BNT @BANCOR may have bottomedBancor may have bottomed out. Certainly hit ATL. I will be entering with a stop loss, but I'm giving it some wiggle room.
4hr TK cross inside cloud so this could go either way... But hey, no risk NO reward.
Daily Bullish Signal $BNT #BNT #BNTBTC #BTC $BTC (12 April)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
======================
My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the direction I drew. I will always try and practice until PERFECTION is MY OWN
A trading opportunity to buy in BNTBTCTechnical analysis:
. Bancor/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00015100 to 0.00013800). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00015100)
Ending of entry zone (0.00013800)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00018700
TP2= @ 0.00019500
TP3= @ 0.00021900
TP4= @ 0.00023500
TP5= @ 0.00027000
TP6= @ 0.00030050
TP7= @ 0.00035350
TP8= @ 0.00048170
TP9= @ 0.00057770
TP10= @ 0.00071100
TP11 = @ 0.00100500
TP12 = Free
Daily Bullish Signal $BNT #BNT #BNTBTC (26 March 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
A trading opportunity to buy in BNTBTCTechnical analysis:
. Bancor/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00015100 to 0.00013800). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00015100)
Ending of entry zone (0.00013800)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00018700
TP2= @ 0.00019500
TP3= @ 0.00019500
TP4= @ 0.00023500
TP5= @ 0.00027000
TP6= @ 0.00030050
TP7= @ 0.00035350
TP8= @ 0.00048170
TP9= @ 0.00057770
TP10= @ 0.00071100
TP11 = @ 0.00100500
TP12 = Free
Daily Bullish Signal $BNT #BNT (20 Jan)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
There is a trading opportunity to buy in BNTBTCTechnical analysis:
. BANCOR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016600 to 0.00015300). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00016600)
Ending of entry zone (0.00015300)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00018700
TP2= @ 0.00019500
TP3= @ 0.00019500
TP4= @ 0.00024020
TP5= @ 0.00027000
TP6= @ 0.00030350
TP7= @ 0.00035500
TP8= @ 0.00047950
TP9= @ 0.00057260
TP10= @ 0.00071100
TP11= @ 0.00100500
TP12= Free
Daily Bullish Signal $BNT #BNT BNT/BTC (2 Jan)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Daily Bullish Signal $BNT #BNT BNT/BTC (04 Dec)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
BNT Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >15 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you.
Show your love.
Please ask me for any coin address to make a donation.
Thanks for visiting.