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BNTUSDT

BNTUSDT: Massive Breakout Incoming or Bullish Trap? Yello Paradisers! Are we on the verge of a major breakout on #BNTUSDT, or will the bulls lose their momentum? Let’s dive into the analysis! 💎#BNTUSDT is currently showing promising signs of bullish continuation from the key demand level at $0.4851. If the price holds steady at this point, there’s a solid chance we’ll witness a breakout above the descending resistance of the ongoing channel. Momentum is key if sustained, this could lead to a significant price movement in the near future. 💎That said, we’re not in full breakout mode just yet. For confirmation, we need to see a decisive break above the internal resistance at $0.5574, supported by strong engulfing candles and sustained momentum. Until we get that confirmation, it’s essential to stay cautious and avoid jumping into positions prematurely. 💎But what if buyers lose momentum? If #BNT fails to break above $0.5574 and starts to weaken, sellers could take control. The critical support level to watch is $0.4169 it has been tested twice and held firm. A rebound from this level would keep the bullish outlook alive. However, a break below $0.4169 would invalidate the bullish setup, potentially leading to a sharp decline. Stay sharp, Paradisers! The next move will be crucial. Whether we get that breakout or face a reversal, sticking to strategic trading and disciplined risk management is what will keep us ahead of the game. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
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
Short
by behdark
BNT/USDT UPDATE 10-04-2024BNT/USDT G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS": It was slow...very slow... with an endless retracements... but finally we'll be here, surviving strongest & smartest only! :) PS: ( 1 ) Remember: recommended re-enter area is between Stop Loss (ST) & Entry Point. ( 2 ) If price went half way between Entry Point & Take Profit (TP), be patient please & re-entering wait for the price retracement to ( 1 )- EP-SL area or for the next new set up ;) PS: Congratulations to all who "survived" all retracements back! ;) Also, Congratulations to all traders who are capable to "ride" trend! ;)
by G-money2022
BNT/USDT Break Alert! Potentially for continue upward movement!💎 BNT has garnered significant attention in the market, notably after successfully reclaiming and breaking out of the resistance area. However, before continuing its upward momentum, BNT is likely to undergo a retesting phase around the $0.85 support level. 💎 There is a high probability that following this retest, we may witness a substantial upward movement, with the next target being the resistance area. 💎 However, if BNT fails to bounce off the support level during the retest, it could signal a concerning development. This failure may indicate that the support has been compromised, potentially leading to a retest of the demand area. 💎 If BNT fails to elicit a positive response from the demand area, such as a lack of bounce, it could pave the way for a breakdown below the demand level, resulting in further downward movement.
by MyCryptoParadise
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
Long
by behdark
1
BTNUSDT Bullish ConfirmationBTNUSDT appears to be unveiling an ideal buying opportunity following a bullish breakout. Notably, the repeated respect for a key demand zone laid the foundation for the subsequent bullish momentum. The breakthrough above the downtrend trendline served as a second confirmation of the bullish sentiment, reinforcing the likelihood of BTN continuing its northward trajectory. The present pullback is unveiling an enticing risk/reward trade setup, presenting traders with a compelling proposition. With the potential for a substantial 122% upside, the current market conditions suggest a promising scenario for those considering entry into BTNUSDT.
Long
by CryptoPAMM
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
by behdark
BNT/USDT Potential Bounce and back to testing on the resistance!💎 BNT has recently seen noteworthy developments in the market. Presently, BNT is in a consolidation phase within the support zone. 💎 There is potential for a bounce from this support zone, with the next target being the resistance area at 0.842. 💎 The resistance zone holds key importance, as a successful breakout probability could lead to a relatively straightforward path toward reaching our short-term target at the bearish OB area. 💎 However, if BNT fails to sustain its price above the support zone, resulting in a breakdown, this would signify a bearish trend. In such a scenario, the price would likely continue its downward movement, potentially returning to the strong support area.
by MyCryptoParadise
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! 🌌💰
Long
by KarimMohsen
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.
COINBASE:BNTUSDLong
by Ncard137
BNT/USDT Speculative Trading IdeaBelow is a speculative trading idea for the BNT/USDT pair. As of writing, the asset's value has decreased by more than 50% after a strong growth of 240%. The asset meets our expected indicators and reaches a high of $1.9546 . We decide to acquire the asset at the current price of $0.8426. The 50-day moving average serves as support. A decrease in seller activity is also noted, and the price is being held by buyers according to the cumulative delta. The volume profile also reflects market participants' interest in this asset at this price level. The first target of our trade is to reach the mirror level at $1.0500, with a profit percentage of over 20%. Upon reaching this level, we plan to close the majority of our position, which will be 80%. The second target, intended for the remaining 20% of the position, is to reach a price of $1.2163 in the event of a breakout of the mirror level. The expected profit at this stage will be over 40%.
Long
by Rick_SimpleSwap
7
#BNT#BNT The coin came to resistance at $0.7524 Since we are in a bullish trend, a small rollback is possible, the main thing is not lower than $0.6191, then there will be a move to $0.8953 (1.) There we can see consolidation with a continuation of the upward movement to $1.2494, where there will either be a strong pullback (3.). Or a breakout up to $1.5960 (4.), where there is also consolidation with a rollback or growth (5. 6.) A return to 0.6191 - 0.5211 $ is normal, the coin’s growth may also continue from there (7.8.) Only if we see consolidation below the blue support line, then the coin will go to update the lows (9.)
Long
by vazitrades
4
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.
COINBASE:BNTUSDLong
by Ncard137