BNTUSDT
BNT/USDT Reject on the demand. The next Pump is coming! 💎 BNT has certainly piqued our curiosity. After a robust surge, breaking past the supply accumulation zone, BNT faced a setback at a formidable supply region, leading it to swiftly retrace to the demand zone between $0.5 and $0.48.
💎Following this retracement, BNT showcased bullish candlestick patterns, hinting at a potential upward continuation and successfully surpassing nearby resistance. For potential entry points, it's advisable to monitor BNT's behavior upon retesting the support, preferably on shorter time frames like 1h-4h.
💎 On the flip side, if BNT exhibits a false breakout and settles below the current support, it might retrace back to the aforementioned demand zone. This zone plays a pivotal role in preventing BNT from slipping back into its accumulation phase. However, if BNT fails to hold its ground within this demand zone, there's a likelihood of it descending further towards a more substantial support region.
BNT is still fallingAfter the sharp rise on the chart where I wrote "strong sell", the whales sold a lot of this symbol and the symbol has entered the correction phase.
After the drop it is now resting to drop more.
I specified the location of supply and tp, and I also specified the invalidation level, that closing a 4-hour candle above this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Another position for Short on BNT tokenIt is going through its downward trend and good conditions have been prepared such as:
Pullback to the downtrend line
Pullback to the 200-day simple moving average line
And pullback to the buy order block area
Risk to reward is about 4
Note: You can also draw a downward trend line on the RSI indicator, which can be a confirmation of the above analysis.
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!
BNT Huge H&S breakout potential on 1D. Low float, ATH $9.70A great oppertunity on a forgotten coin. this coin has made me some good money in the past. It's primed for another run. It just broke the long downtrend, and it has an immeditly reversal incomoing and when it does, it pumps FAST. Dont play catchup, grab coins while its still low. H&S also appears on the weekly!
BNT/usdt 4HBreakout already
Now still retest & accumulate.
Buy zone area
SL 10%
High risk high rewards
BNT/USDT TRADE SETUP! MASSIVE BULLISH DUVERGENCE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BNT/USDT TRADE setup. BNT(Bancor Network) looks great here.
According to the daily chart, BNT is moving inside a descending broadening wedge pattern where the breakout is still pending. Once it breaks the wedge it will pump hard.
Also, RSI is making a massive bullish divergence in the daily timeframe. So try to accumulate in the given range with the tight SL.
Entry range:- $2-$2.16
Target:- 100%
SL:- $1.9
If you like this idea then do show your support and hit the like button.
Also, share your views in the comment section.
Thank You!
BNT-USDT#BNT-USDT
Entre from 3.08 to 2.86✅
The recommended capital is no more than 5.5%
Total Risk is 0.5% from the wallet
Targets:
- 3.58 USDT
- 4.08 USDT (sell at least 50% on this Huge Resistance may stop bulls from climping up more)
- 4.7 USDT
Stop-loss:
Close Weekly candle under 2.8
🌹Don't trade without risk/capital management and Stay Safe 🌹
🌹 Thank you 🌹
See available trades to enter on Related Idea section
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
BNTUSDT on HTFCurrent PA looks to me like a Wyckoff accumulation schematic that we've seen on BTC and many other coins. We can also observe a cup and handle chart pattern Price is currently at a daily supply zone and has been attacking it for the past two days already. 'X' marks equal lows where we know some stops might be sitting that can be used for liquidity.
Hoping for either one of these scenarios:
A. Price breaks out and retests the flipped supply zone as demand so that we can find a better entry.
B. Not the best but not too bad, price is rejected from the daily supply and then retraces below the 50% fib level which is below 3.794 into one of the daily demand zones where we catch an entry.
Cheers!