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
Bancor is my favorite defi play. I bought in 2 months ago (take my word for it?) because no one was really talking about it and it seemed undervalued. This project survived the most recent bear market and continues to innovate. It would be pretty bearish IMO if we closed below the nice support that we've built there, but the BTC pair can easily double from...
I think Bancor looks super bullish with its chart setup, but Im also leaning on a breakout for Banor because of its continued protocol usage growth, measured by the growing daily generated protocol fees and this is especially true when compared to similar DEXes fees generated to market cap... also, if ethereum wallet activity is any indicator, the increased...
Fib extension levels Within a rising broadening wedge Will likely continue up above .618, currently sitting just below it I expect it to smash this level
We've reached a point where we are seeing Bitcoin grow at the same time the ALTSBTC pairs are also growing... This is the best! I just shared a chart for BNTBTC recently but here we go again... (Previous chart) The bullish wave for BNTBTC started mid-May and went on for 1173% (Over 1070% of growth) in 84 days. The bearish wave started in August after prices...
We have so many bullish signals on the Bancor (BNTBTC) chart... Let's have a look at those. One of my original signals is the MA200 "magnet"... Prices tend to gravitate towards this line (black on the chart). As we see the MA200 line moving down, we see prices moving up. We have the classic 3 white soldiers pattern (three consecutive green candles each on...
I published this one on twitter back when it was at $2.45. It's already up $150 since then. Looking for more upside still. 🚀
One more great trade is expected, wolves🔥 One more ascending triangle on a bigger frame now. There was a strong bullish sentiment before. So now it may be a signal of continuation of bullish trend. However don't enter too early, wait for the breakout. So follow the chart carefully and look for the best price to enter. If you enjoy my FREE Technical Analysis ,...
Consolidation has been going on in this wedge for while. Breakout would confirm bullish momentum.
not the easiest chart, just seems to have tapped the middle loomline good volume and a double rounded adam and eve bottom
Cheers
Bancor is the best AMM in the top 100 that isnt even close to Uni or Sushi's price. we have a long way to go. UP ONLY $BNT
Looks rather bullish Strong movement upwards following the transition out of 1.618 Linking my fib circle guide for those new to the circle Also my speculative idea - Fibonacci waves Hope these helps with any concerns regarding the circle, and subsequent transitions.