BNTUSD
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
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
KIT KATMaking a break for it. BNT always a fan favorite.
well at least back in November before Christmas.
this could be pushing all the way up around $1.5 again along with BTC push upwards...
always keep in mind that you should be fearful when others are greedy, however we've waited many years for this crypto bull market to happen and were defiantly showing signs that we've entered that market.
good luck and have fun with it
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/USDT: The Countdown to Blast-Off Begins! 📈🚀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 circulation of 134,283,554 BNT – that's something to keep in mind for potential price movements.
Strategy:
I'm diving in now and keeping an eye on those yellow lines in case of a market dip.
Remember the DCA mantra and don't go all in on a single coin – spread the love!
🚨 Disclaimer:
This isn't financial advice. Your success is rooted in your own research and prudent trading.
Wishing you all a stroke of good luck in the crypto cosmos! 🌌💰
patienceBNT 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 coins for the bull market.
There are many profitable coins doing 80-180% gains such as BNT did just recently.
while BNT and XRP are filling up orders ill try to post some scalps im looking into.
DIMO is looking pretty promising, waiting on a retracement on Flare and something we could see some major gains on and have seen these past weeks is Fetchai.
good luck and have fun with it.
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
SCALPERSThese past couple hours have been great opportunity to scalp a lot of money. 12% ranging up and down, right before take off to $1.18. This coin will have some very strong bullish momentum once this top red line is broken. Feel free to scalp on the way up or just put on your pants and enjoy the gains. This will help you get your Christmas presents this year.
Good luck and have fun with it.
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
a close upA 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 to put somewhere else but we could see something big coming up.
remember Risk management and good luck, have fun with it.
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 horizontal double topBNT clearly created horizontal double top on 1hr TF and if 1hr candle closed before the green line again will make sellers come in and sell massively/slowly to 4hr demand zone as indicated on the chart….. Wait closely and make action to short immediately it closed below it and retest on 1hr TF…
Follow for more market update
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.
#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.
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Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
theCrypster
#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! :)
Bancor (BNT) token formed bullish Gartley for upto 44.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Bancor (BNT) token with US Dollar pair.
On a daily time frame, GLMR has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BNT Parabolic inverse BART moving SOONJust take a look for yoru self. ATH on this $10 its now just $0.60 cents. Its broken the down trend and the 50d moving address is now below the price. Its about to swoop back underneath and push this up. When this moves it'll move so fast market orders will be all that works. Best to get in now before it rises instead chasing the pump. Buy some a sit on it.
BNT 4H Volume increaing, Parabolic potential. BNT 4H Huge volume increase, when it breaks it's FAST and Parabolic. Get in early otherwise you will risk chasing with market orders. Thats never fun!