SUMMARY: LONG BNT, in the final impulsive wave with a Target $25
Breaking out of the accumulation zone and slow forming Higher Lows.
Above the 50,100, 200 EMAs.
On track to recover the 200 MA.
Still room on the RSI and Stoch for further upside.
BNT is seeing a healthy surge of demand. I took an early entrance yesterday at 3.4552 and we watched it run to the Fibs. It's amazing what a little volume spread analysis can reveal when Bitcoin stays on its meds.
*I regularly seek out the most lucrative crypto swing trades available.
My win rates are between 80-85%.
All my charts are clean, straightforward, and...
Can buy on Coinbase!
Understand that it can reach target within the next few years. May not hit this year. We have to go thru many fib levels before breaking out! But who knows when.
SMALL MARKET CAP CRYPTOCURRENCIES ARE
ABOUT TO GO PARABOLIC! ITS ALL IN THE CHARTS.
TRADE WITH CALCULATED RISK AND NO EMOTIONS!
ONCE A STOCHASTIC RSI CROSS HAPPENS ON THE...
BNT looking to break this 60+ day bull flag to the upside. Couple targets from previous highs from the last top and the consolidation over this time frame.
Flips those levels to support and you are looking at testing the ATH of $10.72.
Everything is on the chart! BNT is on the verge of exploding higher. HUGE GAIN opportunity in the coming months!!. On the chart, we are creating a bullish cup and handle!! Bullish Stochastic RSI just crossed on the weekly. RSI is clearly oversold on the weekly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!...
As you know, the cryptocurrency market is very volatile, involuntary wrong analysis leads to a loss of capital. My drawing should only be accepted as a technical analysis idea, it is definitely not investment advice.