Bancor BNT Price Targets and Stop LossBNT /USDT
Entry Range: $2.14 - 2.31
Price Target 1: $2.64
Price Target 2: $2.95
Price Target 3: $3.30
Stop Loss: $2.06
BNTUSD
just an ideathis is my idea. Breaks the downward channel, moves upwards similar to previous movement then higher.
Orange ovals are an example.
Purple ovals shows the market tapping off resistance multiple times.
i believe we have bottomed out.
If not keep in mind it may retrace as low at $2.50 but has a lot more potential to gain.
spot & hold BNTall social say us buy cheep
now our strategy is on spot
we buy BNT/USDT in deep
our target is 30% profit
BNTUSDT - LongBNT/ USDT
Buy Now + Block.
SL - Trigger 1D (Close 1D candle below)
When TP is triggered, SL is transferred to the breakeven
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
bnt/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
A cup and handle has been formed on this chart, awaiting breakout for the 5th wave on this count.
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 ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
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
BNT/USDT : Minority Venture Capital (MVC)Shown in white line is our entry price for this crypto asset. Please add to this TA and keep discussing about take profit and and buy targets
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
Entry is now, massive bull flagbnt macro bull flag , 1 more resistance to overcome before it goes on a rally!
Bntusd buy patternAs you know, the cryptocurrency market is very volatile, involuntary wrong analysis leads to a loss of capital. My drawing should only be accepted as a technical analysis idea, it is definitely not investment advice.
BNT LON POSITIONMARKET LOOKS BULLISH TO ME HOLD ON . DO NOT MAKE AN ACTION WITHOUT CHOOSE YOUR STOP LOSS POINT
Bancor / $BNT / 1D my Bancor Notes.
The current direction seems somewhat unclear to me.
Perhaps someone has a clearer opinion?
BNT/USDT Bullish Falling WedgeMinor regression but still headed to $12.4 about 64% uptick from where it currently is...once it's done being manhandled by Bitcoin.
BNT/USDT 1hr - Falling Wedge Breakout IdeaBNT has been one of the most secure coins during Bitcoins wild ride. A breakout of this falling wedge at the lower support could lead to easy 25%+ gains. BNT is also available on Coinbase Pro for those not using Binance.
Set some alerts and DYOR.
Cheers
BANCOR or BANKher? I think Bancor looks super bullish with its chart setup, but Im also leaning on a breakout for Banor because of its continued protocol usage growth, measured by the growing daily generated protocol fees and this is especially true when compared to similar DEXes fees generated to market cap...
also, if ethereum wallet activity is any indicator, the increased investment from Large ETH wallet addresses into BNT during this recent market mini-correction (many big purchases at $5/BNT) could be important...I will be leaning bullish breakout, but still watching BNTUSD for any bearish price breakdown due to a breakdown in the price of Bitcoin or the BNT/BTC ratio... will update this after we get a clearer price direction but I linked a Crypto Fees site below if you want to monitor BNT daily fees and/or compare to the other top used protocols in DeFi.
Crypto Fees: There's tons of crypto projects.Which ones are people actually paying to use?
The site is pretty simple, just the title above and below it, a list that updates everyday with the 1 day fees and the 7 day avg fees for the top used protocols (according to fee generation) imo this is a great tool to monitor current DeFi protocol fee generation while also staying on top of any new protocols that quickly climbs up the fees list due to increased protocol usage and fee generation. hope this helps, cheers!
cryptofees.info
