BNTUSDT
BNTUSDT_Daily: Update******************************
Price: 1.93 USDT
ENTRY: Market Order
TP_LVL I: 2.3 USDT
TP_LVL II: 2.7 USDT
TP_LVL III: 3.3 USDT
SL: 0.58 USDT
Expected Return: 40%
Risk/Reward: 0.26
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BNTUSDTafter the green highlight the chart will reveal which of the 2 scenarios are going to happen after that.
if you are a trader just wait for the extremums and go for it
if you are an scalper then wooohooo you can get each and every micro wave of it there would be a party with thousands of percent of profit after the chart reveals its scenario
BNT.USDT (Y20.P6.E1).Looking for an entryHi all,
Bancor has performed well in the past and with this uptrend can probably have more left in the tank.
It did hit its target based on the spanning wedge formation but since the bulls are running the show with BTC...it might have some opportunities while BTC looks to break up once more.
Potentially the mid 24Ks.
For now, stalking this level on the 1 HRLY...looking for a bullish formation or bullish candle on the 8 hrly.
All the best,
S.SAri
1 Day chart....note the confluence of the fib levels and support\resistance.
Weekly chart, still has upward pressure based on the Phoeix indicator, even though the weekly candle has that reject wick.
PREVIOUS POST on Bancor
BNTUSDT about to POP!Falling wedge heading for long term trendline support. Upward breakout imminent!
BANCOR ( BNT ) price at support price at support zone also made good falling wedge breakout on 2 hour time frame
-- can bounce from this support zone with falling wedge breakout
Buy : 1.24 - 1.242
Stop : 10%
Target : 5% to 30%
BNT.USDT (Y20.P5.E1).Don't miss out.Hi,
** A continuation of the previous post, and so far, accurate **
Revisiting this Banor coin that did well during the Defi surge.
It looks like it can do it again and I feel it won't pull back much, so look for the opportunity to reenter or enter.
I expect a retest of the bottom trend line support as per chart below, or the .382 fib level.
Cheers,
S.SAri
PREVIOUS POST
BNT.USDT (Y20.P4.E4).Don't miss out.Hi All,
Bancor did well in the previous run, better than most as a defi.
For now, I have it ranging at this bottom level before it breaks up.
I will be looking for it to break the next Fib Level or trend line to be interested, it starts to break the down trend and hence provides interest.
For now, its still a down trend but the 0.618 fib level was where it got a strong reaction, so it might be the catalyst to break the down trend.
Hence why I'm interested only if it does a lower high and higher high.
Note the indicators:
Bottom on the daily found and starting to cross over on all indicators, showing upward pressure.
On the 3 Day chart, we have this. Not all indicators crossed over.
Cheers,
S.SAri
BNT 1D H&S + a new listing = the growth prospectsBancor is a networked liquidity protocol that supports automatic exchange across multiple platforms.
In the summer 2017 the developers attracted an abnormal $153 million to the project, with the help of ICO in just 3 days.
However, during 2018-2019, BNT lost value from a maximum of $10 to the minimum $0.11 in March 2020.
The project got its new lease of life in 2Q 2020, when it began to develop in the direction of the Defi sector. The price splash was x13-x15.
BNT is believed to become a major player in the future as it can efficiently handle trading volumes and convert blockchain assets into cash.
For the last 3 months, BNT price has been forming an Inverted Head and Shoulders reversal pattern.
Yesterday, there was a breakout of the base on very confident volumes, amid the news of the listing on 12/15/2020 on the Coinbase Pro exchange. As you remember, this happened recently with CVC.
We think that at this stage it is not worth waiting for an increase above $1.45-1.55.
Possible correction of this strong breakthrough to $1.15.
Although, if the reversal pattern works out well according to the TA canons, then we can safely expect that the BNT price will reach $1.77-1.80 in the near future.
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BNTUSDT_DailyPrice: 0.69 USDT
ENTRY: 0.65-0.7
TP_LVL I: 0.85 USDT
TP_LVL II: 0.95 USDT
SL: 0.58 USDT
Expected Return: 40%
Risk/Reward: 0.26
BNT/BTC (Bounce at Key Level Support?)💎Technical Analysis Summary💎
BINANCE: BNTBTC
-Bancor is dropping fast and now back at previous swing low support
-We can see a Bearish engulfing candle signaling a strong selling pressure
-This is not good in the short term because the Bulls are not showing any sign of strength
-It will be crucial for the next few days if BNT will bounce from here or not
-Always plan your trade and don't try to catch a falling knife blindly
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
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Please Exercise Risk Management 💱
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BNTUSDT Trading Set-upAfter I closed my position on BNT I wanted to share my view on that. This is not a tradable option yet, I'm just underlining the possible path. My intension here is to be able to trade the bottom but most probably it will develop a different bottom than I drew on the chart. Not just the bottom actually, the whole path will differ but the idea is catching the falling knives as usual with some leveraged position.
BNTUSDT AnalysisAt this moment, there is 2 BUY signal present and I'm BULLISH.
If you are holding BNT, do not hurry to sell.
You can sell when there are sell signals present or you can take profit at the resistance level (2.63)
Also, if you haven't bought BNT, since there are 3 BUY signals present you can buy right now.
If you buy, please watch out for EngineeringRobo's sell signals.
BNT.USDT (Y20.P4.E3).Don't miss out.Hi,
*** This is another continuation post (v2) from the previous one, as per my posting methodology where I like to link the trading story where its applicable ***
Link supplied below:
Keeping it short and to the point. I entered in the bottom formation and now I wished I bought more.
We can see a nice Inverse H&S took place and the target has confluence with previous support and resistance levels;
If you missed out, this pullback will be shallow as per my chart so don't miss out on the 4 HRLY.
Enjoy,
S.SAri
2 Day chart looking positive
Macro view
Weekly chart, gaining momentum but not there yet. Need to see the RED rsi above 50%.
PREVIOUS POST (Note Mistake on the title, BNB should have been BNT
BNB.USDT (Y20.P4.E2).Macro.Timing for entranceHi All,
Another crypto that is holding up strong with good macro form.
Based on the indicators, fib level, and structure so far, has a potential re-accumulation structure to go long.
Note:
> Moving averages on the daily, will act as resistance;
> 0.5 fib pullback ;
> MACD has not passed the zero level;
> Phoeix rsi's showing bullish formation on the daily, above 50%;
> Current resistance levels;
> Assumption of a bottom formation, even if BTC drops, the bottom trend line would likely be the next lower high;
> Potential inverse H&S;
Hence waiting to see what BTC does (refer to my previous post for my thesis), need to see it hold the critical level and pass the obvious resistance.
So far, its all planning at this stage, stalking.
Please give me a like or tick for this post.
Regards,
S.SAri
12 HRLY chart, note the EMA's, crossing over as well, potentially acting as support
Daily chart: William alligator indicator, another sign of a potential support level
