BNTUSD trade ideas
BNT in the midst of a massive parabolic move looks like it needs to cool off a bit before next leg up
buying the retest of the previous high is a safe strategy in a bullmarket
parabolas are hard to read tho
Bancor Retrace incoming. Based on the previous highs and support level. It seems we have reached wave 5 of the uptrend on BNT. After wave 5 there is a consolidation period shown in A, B, C. Good entry around $5.20 or lower if possible. After this, we would get back up to the 1.61 Fib level target marked as so. Do your own research. There is still a lot of upward movement on this considering the Moving Average. Consolidation is good to start our next wave up to $6.50.
If you look at the market cap on Uniswap or Sushiswap this is right in line to trend to hit $21. If you at look at the market cap on BNT: it is 666. million Uniswaps Market cap is 3.5 billion currently. Bancor should be able to reach this market cap. BNT's all-time high is $10 and should reach this level in the next week or two.
Not financial advice. Invests at your own risk. Do your own research and patience.
$BNT move to $21BNT broke out from inverse head and shoulders now in an ascending triangle pattern. Target $21
BNT sell off Yeah Im one of those guys who use fib circles. theres potential for further downside on this one. but just to point out, could be a quick sell off before a bullish week ahead
BNT Bancor Network TokenThis coin has been super bullish
Market cap
$529.4M
Volume (24 hours)
$138.1M
Circulating supply
127.0M BNT
Popularity on Coinbase
#41 most held
Trading activity
55% buy
45% sell
Typical hold time
5 days
This one has great potential to reach $8 or greater. This is a hold , current resistance at $4.40.
Bancor Fib Transition - CircleLooks rather bullish
Strong movement upwards following the transition out of 1.618
Linking my fib circle guide for those new to the circle
Also my speculative idea - Fibonacci waves
Hope these helps with any concerns regarding the circle, and subsequent transitions.
Bancor 2.12.21Look out for Bancor to make big moves. It's low in value compared to most defi on Coinbase. Also far off of its ath and just broken out. short term target of mid 4's and from there 10 and then the sky is the limit. Why Bancor? It's looking to provide cross chain liquidity for Polkadot/Kusama as well. 21 will be the year of Dr Gavin Wood's 2nd masterpiece. His first was Ethereum
Bancor Upward ContinuationBancor looks really good for an entry and will produce some nice returns for investors and traders in the coming weeks
BNT IN GoldenzoneBNT in currently in the GoldenZone after that pump. Can be a great entry zone with a very tight stop loss!
Target Price 3$
BNT - Heading to $3.75 for restest within the next week or two.It's having issues breaking out of the $2.20-$2.40 area, but once it does it will move smoothly up to $3.75
BNT easily can hit $3 - Undervalued Defi coin!BNT easily can hit $3 - Undervalued Defi coin!
Tim Draper backed Bancor Network Token - solid team and a solid project.
On Twitter recent partnership with Polkadot mainly goes unnoticed.
BNT is a sleeper, not many people are looking at it. similar to Balancer. undervalued.
Also its the lowest market cap defi coin on coinbase that i could find.
The price of $2 is also appealing to newbies VS paying $100+ for a coin psychologically.
BNT all time high is $10 so we have room to run here back up there.
This recent pump is an early indicator of more upside to come.
Could be the next 8x DEFI coin that goes parabolic in a matter of days not weeks.
I think people will not see it coming and will fomo at $10
-Not financial advise.
BNT Possible New Price Discovery. Not Financial Advice.
In my opinion BNT will have its new price discovery after being below $2.00 for a long time.
Don't want to give to many specific numbers I am expecting it to hit $3.50. Don't know what else to say after that.
BNT - Bancor Long Term buyBancor was copied to create the UNI interface. Bancor is also basically an earlier version of RUNE.
Both dwarf the pioneer BNT. TVL is growing and yields are great.
Bancor is very very undervalued.
bnt/usd forming a reversal patternthe only complete chart of bnt/usd on tradingview is on the HITBTC site. on this chart we will see it tries to form head and shoulder. the price is different on different platforms but not as much we think. find a proper target on your platform.
