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! 🌌💰
Bntusdlong
#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.
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
theCrypster
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
Trading Signal For BNTUSDT Bancor Trading Setup:
There is a Trading Signal to Buy in BNTUSDT Bancor .
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.45
⭕️SL @ 0.37
🔵TP1 @ 0.60
🔵TP2 @ 0.76
🔵TP3 @ 0.93
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
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
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
BANCOR Sketch with Fib LevelsFib extension levels
Within a rising broadening wedge
Will likely continue up above .618, currently sitting just below it
I expect it to smash this level
BNTUSDT (Symmetric triangle breakout)BNTUSDT (1H CHART) Technical Analysis Update
Symmetric triangle breakout
BNT/USDT currently trading at $2.00
Buy-level: $1.90 - $2.00 (Wait for the small retracement)
Stop loss: Below $1.82
Target 1: 2.20
Target 2: $2.44
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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