Bancor may have bottomed out. Certainly hit ATL. I will be entering with a stop loss, but I'm giving it some wiggle room.
4hr TK cross inside cloud so this could go either way... But hey, no risk NO reward.
BNT seeing some upward momentum with the 21/55 EMA flipping, it's been rejected by the 99EMA once but with a bit more buying pressure it should breakthrough. Combine that with the 55/99 EMA flip that should be occurring soon as well, we should be seeing much more upside very soon.
Bancor (BNTBTC) is displaying a massive increase in trading volume the past two days after breaking above EMA10.
It is also showing a bullish RSI and bullish chart structure.
This one is very likely to move really soon.
Here are some targets for your entertainment:
Thanks a lot for reading.
BINANCE:BNTBTC just broke the huge descending wedge since it's ATH. We're essentially sitting at an ATL for BNT, the slightest amount of volume could push it high. MACD about to cross, RSI moving up. I'm targeting 50k sat as my target.
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the...
$BNT Sitting at ATL range, If an Altseason is coming again, this could be a good entry for future days/weeks
For now I will wait for better confirmation (volume or breakout test from range)
UCTS Is already showing a buy signal on the 6H
Will update as soon as I see changes
Commodity : BANCOR
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 2-4 weeks
Investment in trade : 5% of the total Trading Balance.
Bancor is looking like a Snack!
you cant ignore that pattern man... you just cant. ascending triangle/Adam and Eve/Cup and handle...
I took off the wicks under settings to get a clean picture of this one. but no real difference. just a technique I like to use sometimes.
this has to pop basically. the 50 and 100 Day MA just crossed like 4 days ago. the pattern...
. Bancor/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
. There is a possibility of temporary retracement to suggested support zone (0.00015100 to 0.00013800). if so, traders can set orders based on Price...