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%
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...
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...
Bancor 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...
Bancor has broken out from a larger falling wedge after a period of extremely low volatility. A smaller wedge is forming within this structure. A bullish spark is likely going to break this smaller wedge.
Hi, As BTC drops, the ALTs all pulling back to potentially a nice setup to the upside. This one on the 2hrly is so far winding up. If however BTC drops that key level of 18850, then its no good. Lets hope BTC dominance stays below this yellow level. There are many doing this, to list a few. Bitcoin Bancor Waves BTC dominance: Regards, S.SAri WAVES 8...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should...
When the altcoins retrace, we normally see prices finding support at the 0.786 Fib. retracement level of the current wave. Here we are looking at BNTBTC and we can see that 85% of its price peak value is gone... Will prices now go higher or continue to drop? As this drop took place, we are seeing now a bounce, very strong bullish divergence with the MACD and...
Bancor is moving up again with ample evidence. As always, target in green, invalidation in red. Let's roll. Don't be stupid, this is not financial advice.
After 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...
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...
The chart explain everything! *************************************************************************************************************************************************************************************************** DO YOUR RISK MANAGEMENT AND MAKE SURE TO FOLLOW YOUR STRATEGY LIKE IF THIS WAS HELPFUL TELL US WHAT YOU THINK IN THE COMMENTS THANKS...
BNTBTC (Bancor) is now gaining bullish momentum together with Bitcoin (BTCUSD) and many other altcoins. Things are starting to look better and better. Here, BNTBTC found support at the 0.786 Fib. retracement level, just below MA200/EMA300, and now momentum is building as prices are moving up... Additional bullish action can follow. The next target is marked...
Hi 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...