◳◱ A Resistance Breakout has been identified on the $BNT /
BTC
chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00001319 | 0.00001361 | 0.00001427, and the major support zones can be found at 0.00001253 | 0.00001229 | 0.00001163. Consider entering at the current price zone of 0.00001799 and targeting higher levels.
◰◲ General info:
▣ Name: Bancor
▣ Rank: 279
▣ Exchanges: Binance, Huobipro, Poloniex, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: Bancor is a decentralized exchange (DEX) built on the Ethereum and EOS blockchains. The Bancor protocol employs an automated market maker (AMM) smart contract to facilitate token trades against token liquidity pools without matching buyers and sellers. It has a built-in token called BNT that serves as the common price token to fulfill trades among other smart contract tokens. A portion of total trading fees are distributed to Liquidity Providers, or LPs, that deposit tokens into Liquidity Pools. Trading fees also protect user deposits from Impermanent Loss while minted and burned BNT supply maintains the constant market function for continuous token pricing. While Bancor already exists on Ethereum and EOS, it can be integrated into any smart contract-enabled blockchain to provide cross-chain liquidity.
◰◲ Technical Metrics:
▣ Mrkt Price: 0.00001799 ₿
▣ 24HVol: 121.240 ₿
▣ 24H Chng: 23.813%
▣ 7-Days Chng: 35.80%
▣ 1-Month Chng: 37.51%
▣ 3-Months Chng: 14.85%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.00001319 | 0.00001361 | 0.00001427
◢ Support: 0.00001253 | 0.00001229 | 0.00001163
◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary: BUY
◲◰ Sharpe Ratios:
▣ Last 30D: 2.77
▣ Last 90D: 1.00
▣ Last 1-Y: 0.41
▣ Last 3-Y: 0.15
◲◰ Volatility:
▣ Last 30D: 1.84
▣ Last 90D: 1.14
▣ Last 1-Y: 0.84
▣ Last 3-Y: 1.12
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.54 - Bullish
▣ In-depth BNTBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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BTC
chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00001319 | 0.00001361 | 0.00001427, and the major support zones can be found at 0.00001253 | 0.00001229 | 0.00001163. Consider entering at the current price zone of 0.00001799 and targeting higher levels. ◰◲ General info:
▣ Name: Bancor
▣ Rank: 279
▣ Exchanges: Binance, Huobipro, Poloniex, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: Bancor is a decentralized exchange (DEX) built on the Ethereum and EOS blockchains. The Bancor protocol employs an automated market maker (AMM) smart contract to facilitate token trades against token liquidity pools without matching buyers and sellers. It has a built-in token called BNT that serves as the common price token to fulfill trades among other smart contract tokens. A portion of total trading fees are distributed to Liquidity Providers, or LPs, that deposit tokens into Liquidity Pools. Trading fees also protect user deposits from Impermanent Loss while minted and burned BNT supply maintains the constant market function for continuous token pricing. While Bancor already exists on Ethereum and EOS, it can be integrated into any smart contract-enabled blockchain to provide cross-chain liquidity.
◰◲ Technical Metrics:
▣ Mrkt Price: 0.00001799 ₿
▣ 24HVol: 121.240 ₿
▣ 24H Chng: 23.813%
▣ 7-Days Chng: 35.80%
▣ 1-Month Chng: 37.51%
▣ 3-Months Chng: 14.85%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.00001319 | 0.00001361 | 0.00001427
◢ Support: 0.00001253 | 0.00001229 | 0.00001163
◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary: BUY
◲◰ Sharpe Ratios:
▣ Last 30D: 2.77
▣ Last 90D: 1.00
▣ Last 1-Y: 0.41
▣ Last 3-Y: 0.15
◲◰ Volatility:
▣ Last 30D: 1.84
▣ Last 90D: 1.14
▣ Last 1-Y: 0.84
▣ Last 3-Y: 1.12
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.54 - Bullish
▣ In-depth BNTBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Trade active:
Binance
#BNT/BTC Take-Profit target 1 ✅
Profit: 3.0017% 📈
Period: 1 Days 9 Hours 32 Minutes ⏰
#BNT/BTC Take-Profit target 1 ✅
Profit: 3.0017% 📈
Period: 1 Days 9 Hours 32 Minutes ⏰
Trade active:
Binance
#BNT/BTC Take-Profit target 2 ✅
Profit: 5.0022% 📈
Period: 1 Days 9 Hours 32 Minutes ⏰
#BNT/BTC Take-Profit target 2 ✅
Profit: 5.0022% 📈
Period: 1 Days 9 Hours 32 Minutes ⏰
Trade closed: target reached:
Binance, Bittrex
#BNT/BTC All take-profit targets achieved 😎
Profit: 8.6048% 📈
Period: 2 Days 7 Hours 28 Minutes ⏰
#BNT/BTC All take-profit targets achieved 😎
Profit: 8.6048% 📈
Period: 2 Days 7 Hours 28 Minutes ⏰