BNTBTC trade ideas
BNTBTC Another Day, Another ALT CRASHAs much as I love a good pump and dump, I wonder how long they can keep the schemes going, but then I remember, "a sucker is born everyday." I know relatively nothing about Bancor. I'm not a crypto-enthusiast. I just like charts. The distribution looks set in, and price should attempt to retrace back down the immediate up-trend to the left, attempting to target areas highlighted. If you like Bancor, those areas may present decent buying opportunities.
Bancor (BNT) Long-term Technical AnalysisJust as in my other TAs, I'm going to be tracking coins that I'm personally interested in. I got into BINANCE:BNTBTC back in November, but have seen its value slip during the BTC crash and now the recovery. It's a decently-sized coin with a lot of potential and actually have a use case to solve. Long-term, I'm bullish on BINANCE:BNTBTC , but short-term I'm staying out of it until we see some reversal. I'm seeing BINANCE:BNTBTC go parabolic here, just not in the direction we'd like it to be going in.
What I'm looking for here is short and sweet:
An end to the downward-facing parabolic line with a flattening section or quick reversal
Oversold on RSI with a quick reversal and decent volume
A continuation of this trend over several days, it will take a lot to reverse this trend
Not too much information in this post, but I'm more interested in a reversal point, not in a consistent downward trend. I'd like to hear your thoughts on BINANCE:BNTBTC ! Where do you think it's headed after this consolidation period? Are we headed for a bull run or will the bears finally take it below the 0.016 support? Please comment below, as the more input we see, the more informed we are!
*** This is not a recommendation to buy or sell, this is for educational purposes only! ***
DEADLY BANCOR SETUPThe longer BNT stays in this flag, the bigger this is going to fly. Black Dynamite has been taking all profits from other coins into this setup. Price discovery may as well blow faces off. Patience will pay off huge. Hard to tell targets into price discovery so just watch indicators.
BANCOR'S Rocketship to the MOONThis one is sitting at a 200mm mcap valuation after a 150mm ICO. Just starting it's first bull run which might as well blow some faces off. Flag finishes early next month if it doesn't break up earlier. Very commanding march up. Not many past resistances so this could take off fast.
BNT - MASSIVE BANCOR BULL FLAGThe longer the accumulation that happens in this zone, the bigger the pump to the moon. Bancor is a steal at <200mm mcap. TA/FA off the charts.
Bancor may quite be the TRADE OF THE YEAR. This could easily pump to a few billion cap. I'm expecting their new wallet release in the next month or so which will make it easier to use their service. Bancor only gets more valuable the more tokens added.
See you on the moon.
BNT/BTCBNT/ BTC :
BUY :
SEL : 0.00072/70
TARGET 1 : 0.00078
TARGET 2 : 0.00082
TARGET 3 : 0.00090
TARGET 4 : 0.000979
TARGET 5 : 0.000107
STOP LOS : 0.000595
BNTBTCBNTBTC
Show bounced from 0.78 fib , buy area at 0.00046475/0.00044748
Targets
0.00062483
0.00092394
0.00111141
Stop-loss
0.00034848
Risk/Reward
22% 145%
invest 10 %
we ask Allah reconcile and repay
RickSmash BNTI can't remember what this coin or token is, but the chart has potential. It's better when they are testing the resistance than when they are riding the trend line, but overall I like it's chances for a breakout at the end of the triangle. A quick test of support below the triangle wouldn't be a death penalty, but the more lines it goes beneath, the less likely a chance for survival.
BNT Bottoming into HUGE Cup and Handle ($150MM ICO)Fundamentals are crazy on this one. Still technically under ICO price in ETH. Elliot waves forming into projected ABC correction to finish handle before moving into price discovery. Huge potential with the Bancor project with a new wallet that can access their protocol coming very soon. Adding new coins every few days that hold BNT in reserve. ICOs on the platform. Raised $150MM in the ICO and just only double that in current market cap. Low capped supply. Oversold. Watch this one.
Targets:
1) .0008
2) .001
3) .0014
4) .003
5) .006
Parabolic advances with good FA is nothing to ignore. Low low risk.
bancor cup&handlecertainly not the most obvious cup and handle but its worth a look, this coin still has some legs volume is consolidating on the daily chart. should be noted that the long bull wick was due to a pump group, this is per twitter though. the volume attention is good for upward trend if it is the case.
Scam group pumping and dropping in a minute. Do not get itScam group pumping and dropping in a minute. Do not get it