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! :)
``````````````````````````````````````````````
BNTBTC
BNT extended consolidation?BNT still in a downtrend and targeting the next Fib retracement at 0.78 level.
I'm shorting my positions considering the bull momentum for BTC in the short-term.
BNT.BTC (Y20.P4.E1).Stalking for the next entranceHi,
Just a heads up, Bancor did it once and its likely to do it again.
Keep an eye on it as the formation is so far neat and the indicators keep getting bullish divergences.
There is no setup to consider entering yet, but when it gets to the level, then we have the next piece of the puzzle.
Currently is only planning stage.
It's like when BTC finds an area to slow down and consolidate, then like many ALTS will find the moment to break to the upside.
First target's like 40% gain.
Cheers,
S.Sari
PREVIOUS POST: I made no trade in it at all. So maybe this time I'll time it.
BNT Trade Set-upI am expecting to see another Leg Up. Price has retraced 50% and upto to the Previous Resistance.
Price is moving in Bear Channel and Looks We are likely to see another Leg up in Bear Channel and If the breakout Occurs then we are likely to see Price breaking Previous High.
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
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/BTC (Temporary Bottom?)BNT/BTC
-The price bounced perfectly at the key daily support
-This may be the temporary bottom for now
-Bearish side, the 200ma acted as new dynamic resistance today
-BNT could revisit the low at 1388 and potentially form a double bottom reversal
-I advise to enter a Buy position only after a clear trendline breakout
-You may enter the breakout or trendline resistance
-ideal stop loss is below this green line support
Here I buy Bancor and BNT will go upHere I buy Bancor
and Bancor will go up
The price is testing the major resistance
so now I buy and the bullish breakout will start.
And Bancor will go up
see you up there
BNT.BTC (Y20.P3.E1).Stalking.Small tradeThis is only for a small trade with a nice upward trend and structure for Bancor, looking to enter a small long and see where it takes me.
Note: 20/50 EMA (ribbon) has confluence on previous resistance as well as a boost with the fib. levels (cradle setup).
Risk in liquidity, so don't invest large.
Cheers,
S.Sari
Bancor (BNT) Will Continue... Is It Possible?You know I am the #1 Bitcoin and Cryptocurrency (Altcoins) Fan in the entire world...
But after a very long and extremely painful (costly) bear market, even my Spirit was hurt strong.
Now, we have Bancor (BNTBTC) that continues to go...
is this possible, will Bancor give us more?
It surely will be based on the chart above but wait, I have more...
Seeing how this altcoin pair is doing is great, especially if you bought early when prices were low but if you didn't don't be discouraged, many more opportunities will show up.
The good thing about Cryptocurrency and the Altcoins market is that everything is linked, all the coins move in groups, what one does, sooner or later the others follow.
We have BNTBTC doing great growth, so we can expect similar bullish action for the related projects.
For future bullish potential...
We saw this pair lose 99% of its value... It is possible to see it grow by 10,000%+ from bottom to top or even more.
Of course, we will have retraces and corrections along the way, the market moves in cycles, this is something we all know.
But I am happy to share that we are finally in FULL BULL MODE.
Enjoy the profits.
Thanks a lot for your continued support.
Namaste.
BNT/BTC (Support Failed)BNT/BTC
-broke a key support at 12386s
-the next strong area of support is located at 9900s
-that's a good rebuy zone to enter a new position
BNT/BTC READY FOR HUGE GAINS +1400% (Touched Support,Volume ...)This is the chart that all of you love!
The undervalued coin BINANCE:BNTBTC gained some positive momentum and is found a resistance at 9700 sats.
Perfect entry would be at 0.618 Line of Fibonacci Retracement.
Profits would be huge if we Bitcoin will consolidate for a longer time or alts detach from BTC (its not very likely to happen anytime soon but who knows:))
At the moment Bancor is overbought and you should stick to the perfect scenario to enter this trade.
Risk: 4
Reward: 9
Bancor is known for long time by traders, some positive news or activity by their team will lead to huge gains!
Comment what do you think about Bancor and your sentiment about cryptocurrency market.
Peace!
Bancor | Time For Retrace? (Support Levels Mapped)Bancor (BNTBTC) went on a great run and it looks like it already peaked.
We shared a weekly chart with the long-term potential profits visible... But short-term (here we are looking at it daily), there can be a retrace which is normal after a bullish jump.
You will also find the most important support level marked on this chart.
This is just a friendly reminder...
BNTBTC printed a lower high.
A very long-wick pointing down on 28-May.
And the 2.618 Fib. extension level was hit, this is a strong level.
These signals are telling me that BNTBTC can go lower.
Note: Remember that the charts are always changing, every day a new candle is printed. What you see now can be different tomorrow and the signals can change, so make sure to have a strong plan before you trade.
Thanks a lot for your continued support.
Namaste.
Bancor (BNT) Long-Term | 330% In, 1360%+ PossibleBancor (BNTBTC) is having a massive run, we can see its value increase by over 330% in the past ~5 weeks... Can Bancor do more?
Here we are looking at the weekly timeframe, the long-term chart.
Remember last year when we would look at the daily (D) timeframe and see all pairs trading below EMA50, EMA10, and MA200?
If you look at most altcoins pairs, we have prices trading above these levels easily and many trading above EMA10/50/100/200 and even EMA300.
Any altcoins/cryptocurrency pair trading daily above these levels can be considered bullish (in general, more signals are needed to take any type of action).
No altcoin has been seen above EMA50 for a very long time on the weekly timeframe... Recently I published a few pairs that moved above and here we have a new one.
Now that BNTBTC is strongly trading above EMA50, additional growth can follow.
On the chart above, we are looking at 1360% or more potential growth if BNTBTC goes as high as it did in its last run.
What will happen now?
It is likely that this pair will continue to grow... The green and red arrows show the main bullish scenarios that can develop on this chart.
Did you enjoy this information?
Remember that you need your own plan/strategy before you decide to trade.
This is not financial advice.
Namaste.
BNT/BTC (Mini Uptrend?)BNT/BTC
-Cross Ultimate Indicator last signal is Long on May 18
-the price went up over 170%
-retest the Moving Averages and went up another 19%
-if this mini-trend will continue rising
-the recent top is our target at 8777s
-tight stoploss should place under 6800s
BANCOR / BTC Trade IdeaBANCOR seems to have some more room to grow after the breakout from the bull flag.
BNT/USDT (Strong Breakout)BNT/USDT
-a strong bullish breakout over 70%
-broke local resistance with followed momentum
-new immediate support is set at 0.28s
-upside potential is up to 0.4s
-wait for a pullback before attempting to enter a Long
-but always make sure there is confirmation of reversal
-please do not enter at the current price level
-it is too extended and we will see correction very soon
Bancor Prints High Volume, Time To Jump (150%+)Bancor (BNTBTC) just printed a strong bounce after breaking below support... This is a bullish signal.
On the above chart, as a signal, we also have really good trading volume.
A bullish RSI and the MACD starting to curve up.
Bancor is now looking bullish, a 150%+ target has been marked on the chart.
This is not financial advice.
Remember to hit LIKE to show your support.
Namaste.