BNT/USDT - Long - Potential 14.02%***NEW TRADE SET-UP***
BNT/USDT - Long - Potential 14.02%
Trade Set-Up Only:
N/A
Entry- 5756
TP1- 6995
TP2 - 7660
SL- 6272
Triggers;
- Secondary Break Up
- Rejection from local support
- Rejection from trend support
Notes;
- Alt market volume increasing
- Trailing Buy, TP & SL recommended
BNTUSDT trade ideas
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
BANCOR is DeFi Bottomed out ?!!!The chart explain everything!
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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
BNT - Catch a Ride up with Bancor?BNT is a blockchain protocol that allows users to convert different virtual currency tokens directly and instantly instead of of exchanging them on cryptocurrency exchanges like Coinbase. Basically a fancy wallet.
We saw a big pump early august, capping out on the 8th just under $2.80. Since then, pretty solid downward channel with very little deviation.
The past few days we've seen it bounce off the bottom on a pretty convincing breakout. Will it continue? Or will we have a chance to buy in soon?
I feel like we'll probably get a bounce off the first TP zone. Upward support is looking strong and we're getting higher lows on every decrease.
Indicators are looking generally bullish, with signs of some trend weakening. Bearish trend was long ago bucked on the volume with all the pumps happening during increases and very little sell volume.
Considering the steepness of the downward column, how many bears didn't sell high? Sellers tired?
We've got good play around the EMA's currently, bouncing off 200 on the 1D and 100 on the 4H. Good chance this will continue up to the next EMA at least.
OVERALL
Could buy in towards the bottom of the upwards support to snag some quick profit. Or wait for it to likely bounce down off the TP area to get a decent low risk position for long term growth. This could wind up backfiring if it decides to pick up steam all of a sudden, so spreading buys out may be the best course of action if you don't want to miss any fun.
Long term TP's are marked in dashed green, and go up higher than previous ATH. There's a lot of potential up room here, but they will likely be LONG TERM .
--
“Ego is to the true self what a flashlight is to a spotlight.” - John Bradshaw
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I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
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BNTUSDT ANALYSISI am bearish at the moment
If you hold this coin , time to sell it
It is not good time to buy this coin , try to catch EngineeringRobo ' s buy signal
Unfortunately, EngineeringRobo gave Sell 1 & Sell 2, Bear and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
If you want to use EngineerinRobo please dm me.