BANCOR Sketch with Fib LevelsFib 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
Bancorchart
BANCOR! BNTBTCBancor has broken out from a larger falling wedge after a period of extremely low volatility.
A smaller wedge is forming within this structure.
A bullish spark is likely going to break this smaller wedge.
Reversal pattern still forming supports & resistances to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Ideas on $BNT: The Chart is Ready for Growing Up.I ever heard that Bancor was one of the most hyped project on my timeline on twitter. Bancor is a decentralized liquidity network that provides users with a simple, low-cost way to convert tokens directly from their wallets. BNT has 78,045,724 total supply and ranked #85 at the moment.
I can see the chart is trying to make double bottom and most ultimately Bancor has good fundamental it have a good R:R at the moment. I draw the green box for second entry zone if lucky. This trade might gonna take couple of days but it's worth it.
My short term targets are on the white lines and mid term targets you can follow fibonacci level.
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
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