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
What Is Bancor (BNT)? Bancor consists of a series of smart contracts that manage the on-chain conversion of tokens. The protocol makes it effortless and quick to convert tokens without having to go through an exchange. The protocol's smart contracts manage the liquidity pools that connect various tokens available in the network. The major token used on the...
MARKET LOOKS BULLISH TO ME HOLD ON . DO NOT MAKE AN ACTION WITHOUT CHOOSE YOUR STOP LOSS POINT
💎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/BTC -Bancor may have found a temporary top at 23500 sat range -The price has already declined by almost -26% -If the current market price will not hold in the next 24-48 hours -The next strong potential support is located around 14000 sat area -This zone is a confluence of previous resistance and support -Meaning, the chances of bounce reaction is...
BNT Bancor breakout - Bullish H4 - bntbtc bntusd bntusdt bnteth
it's better to sell the asset. The divergence shows that there is no power to grow further. Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
BNT/USDT BNT shows a strong breakout of this trend-line resistance plus a Moving Averages cross of 20 & 50 on the 4H time-frame. The RSI is currently facing strong resistance level at 70 condition level, we may face some minor pullback to continue its uptrend again. But every movement is critically base on Bitcoin's action in the coming days ahead. There is no...
Bancor may have bottomed out. Certainly hit ATL. I will be entering with a stop loss, but I'm giving it some wiggle room. 4hr TK cross inside cloud so this could go either way... But hey, no risk NO reward.
RED ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market ====================== My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the...
Technical analysis: . Bancor/Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 53. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00015100 to 0.00013800). if so, traders can set orders based on Price...
RED ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market
Technical analysis: . Bancor/Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00015100 to 0.00013800). if so, traders can set orders based on Price...
BLUE ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market
Technical analysis: . BANCOR/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00016600 to 0.00015300). if so, traders can set orders based on Price...
BLUE ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market