BNT looks bearish (1D)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 stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BNTBTC
BNT UPDATE (12H)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 management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BNT can go upIt 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 the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BNT will explodeWe 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 have any questions
Thank You
BNT ON BREAK LEVELThank 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 LOOKS BEARISHA 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
BNTUSDT 200% Potential!BNTUSDT Technical Analysis Update.
BNT/USDT has been ranging for the last 500 days, we can expect a good up move once breakout confirms.
Buy zone : Below $0.64
Stop loss : $0.54
Take Profit 1 : $0.635
Take Profit 2 : $0.89
Take Profit 3 : $1.25
Take Profit 4: $1.95
Always Keep Stop Loss
Thanks
Hexa
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
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.
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.
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$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 -
BNTUSD Analysis / ThoughtsThe previous transition through Fibonacci levels shows bullish activity as it passes through
Price is currently at another transition point which may also produce bull activity if the trendline hodls, I am acknowledging both scenarios.
The major trendline merged with another line produces a rising wedge, which is a bearish pattern
Also the potential Head and Shoulders pattern that can be illustrated arises which supports the bear move
BNTBTC Technical Analysis
BNTBTC on H4 has tried several times to break above the significant resistance but it couldn’t. After the last Pullback it seems that it is going to break above it soon.
⬆️Buy now or Buy at 0.00008475
⭕️SL @ 0.00007795
✅TP1 @ 0.00009040
✅TP2 @ 0.00009200
✅TP3 @ 0.00009300
✅TP4 @0.00009600
✅TP5 @ 0.00009800
✅TP6 @ 0.00010000
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Bancor BNTUSDT - MASSIVE Ascending channel +1000% gains!- Bancor BNT Rank #90, Volume 24h $62,027,992
- On the chart we can spot a massive ascending channel (on the weekly chart).
- Target is top of the channel or 1:1 fib extension.
- Volume favors bulls and RSI Is also prepared fot the pump very soon!
- Due to my Elliott Wave count, we are in the 5th super impulse wave.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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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
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!
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Chartomatic
Longing for Sats #7 - BNT/BTCBancor is my favorite defi play. I bought in 2 months ago (take my word for it?) because no one was really talking about it and it seemed undervalued. This project survived the most recent bear market and continues to innovate.
It would be pretty bearish IMO if we closed below the nice support that we've built there, but the BTC pair can easily double from here. We just need this bullish trend to continue.
Checkout Longing for Sats #5 to see what XLM did in a similar situation