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The Bancor ( BNTBTC ) chart has produced two "crazy" candles, signals of a strong move in the making, but where will this move go, up or down?
Let's start with the daily chart:
On the chart above you can see a red candle (yellow-negative) and a green one to the right (positive).
Notice that the volume on the GREEN candle, is way higher than the RED (yellow) candle.
You can also notice the MACD bullish crossover and the bullish RSI .
Now, for a final confirmation we look at the weekly chart (which is the main chart above).
Trading week closes within 32 hours. The candlestick that you are seeing is really bullish in nature and signals a trend reversal.
The volume is off the books, higher than bull run volume . So you can expect a very strong positive move coming from Bancor ( BNTBTC ).
Can't say you weren't warned... I hope you enjoy the profits.
With patience it is possible.
Namaste.
Let's start with the daily chart:
On the chart above you can see a red candle (yellow-negative) and a green one to the right (positive).
Notice that the volume on the GREEN candle, is way higher than the RED (yellow) candle.
You can also notice the MACD bullish crossover and the bullish RSI .
Now, for a final confirmation we look at the weekly chart (which is the main chart above).
Trading week closes within 32 hours. The candlestick that you are seeing is really bullish in nature and signals a trend reversal.
The volume is off the books, higher than bull run volume . So you can expect a very strong positive move coming from Bancor ( BNTBTC ).
Can't say you weren't warned... I hope you enjoy the profits.
With patience it is possible.
Namaste.
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The Best Altcoins Trades | Discount code 🔥85ofall
https://alanmasterstrades.com
➡️ Alts, Btc, FREE trades & More
https://t.me/AMTrades
🥇 Results
https://alanmasterstrades.com/results/
💬 CHAT http://alanmasters.chat
Comments
It was only scam pump without any reason so don’t get to excited!
An altcoin like this I would do a long term trade and buy in anytime above the brown dotted line.
My stop loss would be a close on the weekly below 0.000138 and targets EMA50 on the weekly and above. A long term trade.
Shorter term, I would buy now and sell in a few days weeks depending on how it evolves.