BNT is ranging since May 2021. Support that built at $2.66 on June was tested again one month later in the form of a fakeout. In January 2022, price passed through $2.66 and found strong resistance in the high demand zone between $2.30 – 2.08. In the 4H LTF, BNT was accumulated between 22 Jan. and 05 Feb. That in conjunction with the long tail candlesticks - in...
this is my idea. Breaks the downward channel, moves upwards similar to previous movement then higher. Orange ovals are an example. Purple ovals shows the market tapping off resistance multiple times. i believe we have bottomed out. If not keep in mind it may retrace as low at $2.50 but has a lot more potential to gain.
The previous transition through Fibonacci levels shows bullish activity as it passes through Price is currently at another transition point which may also produce bull activity if the trendline hodls, I am acknowledging both scenarios. The major trendline merged with another line produces a rising wedge, which is a bearish pattern Also the potential Head and...
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.
Reclaiming support. Amazing continuation patterns forming. This seems to be on tack to 4.74. Let’s see how she will react up at old resiatnce !!
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...
Bancor idea Possible channel formation and getting ready for the third touch Under the red line is not the best scenario Neutral on this one
Resistance curve is possible May lead to a rejection and a fall out of the trend Watch area in circle for direction, I am neutral
With over 77% of the Bancor supply staked, look for it to run. Daily BNT chart
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.
bnt macro bull flag , 1 more resistance to overcome before it goes on a rally!
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!!...
1 more resistance to overcome, buy the back test