jaydee_757

BNT Update: Bullish Cup and Handle in the making!

Long
jaydee_757 Updated   
HITBTC:BNTUSD   Bancor Network
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!!

FACTS:
1. Can buy on Coinbase and Binance!
2. Market Cap: 1.3 Billion (Highly undervalued)
3. Circulating Supply: 178 Million
4. Total Supply: 178 Million
5. DEFI IS THE FUTURE!
6. Just had a Stochastic RSI Bullish Cross on weekly!
7. RSI is highly oversold


CHARTS DON'T LIE!! Small/Mid size Corrections will happen on this journey to $140+ in the next couple of months! Once target is met, a HUGE CORRECTION (maybe 70% dip) will occur. Take profit and buy again for the REAL bull run to begin! Target is at a Fib target of around $500 - 1000!!

Total Supply: 50 billion!
Market Cap: $2.3 Billion! (HIGHLY UNDERVALUED!)


Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Altcoin Season is just getting started!! BULLISH CROSS on weekly!


Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.


Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.


I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, BTMX, LINK, FORTH, and NKN are the some of the altcoins I am moving BTC too).


Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!


Good Luck!


"If you can't beat the fear, do it scared!"

"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.

"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet

"Show me the charts, and I'll tell you the news." - Bernard Baruch

Comment:
If we close above $7 on the weekly (Sunday night, 8PM EST), that will be confirmation of the bullish continuation up!! if we close below $7... we have better opportunity to buy lower! ;)

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