Opened a small long here. Adding more onto this upon retest of support after a clearer break-out. Could offer a solid opportunity for decent returns.
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.
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...
#BNT/BTC Buy 4400-4650 Best entry try to buy when the STOCH RSI flip positive flip blue on with red on 4 hour Chart invalid bellow 4069 orange line
💎Technical Analysis Summary💎 BINANCE: BNTBTC -Bancor is dropping fast and now back at previous swing low support -We can see a Bearish engulfing candle signaling a strong selling pressure -This is not good in the short term because the Bulls are not showing any sign of strength -It will be crucial for the next few days if BNT will bounce from here or...
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...
BNTBTC - Long - Potential 24.67% Enter- 8557 TP1- 9313 TP2- 9898 TP3- 10872 SL- 6702 Happy Trading! “Beware the investment activity that produces applause; the great moves are usually greeted by yawns.” Warren Buffet
BNT, trendline resistance is finally broken, expecting to move up retesting the resistance at 17k Price need to break 9700 Let's see how it goes
💎Technical Analysis Summary💎 BINANCE: BNTBTC -Bancor is on a downtrend since the pick at 23k sat area -Its value has declined by -70% already and still going lower -If BNT will keep respecting this descending channel -There is a channel to test old support at around 6k sat range -But until this parallel channel is broken to the upside -The Bears are still in...
BNT still in a downtrend and targeting the next Fib retracement at 0.78 level. I'm shorting my positions considering the bull momentum for BTC in the short-term.
BNTBTC - Long - Potential 7.54% Enter- 0.00011316 TP1- 0.00011641 TP2- 0.00012112 SL- 0.00010845 Happy Trading! Like & Follow if you Agree!