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.
Bancortrade
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.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
BNT.USDT (Y20.P4.E3).Don't miss out.Hi,
*** This is another continuation post (v2) from the previous one, as per my posting methodology where I like to link the trading story where its applicable ***
Link supplied below:
Keeping it short and to the point. I entered in the bottom formation and now I wished I bought more.
We can see a nice Inverse H&S took place and the target has confluence with previous support and resistance levels;
If you missed out, this pullback will be shallow as per my chart so don't miss out on the 4 HRLY.
Enjoy,
S.SAri
2 Day chart looking positive
Macro view
Weekly chart, gaining momentum but not there yet. Need to see the RED rsi above 50%.
PREVIOUS POST (Note Mistake on the title, BNB should have been BNT
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!
-----------------------------------------------------
www.tradingview.com Rules:
#1 Always obey tradingview.com house rules
#2 Always read the description
#3 Don't spam on the comment section
#4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after
#5 My opinions are not financial advice, follow it at your own will and your own risk
#6 Together, let's build a better community on this platform
-----------------------------------------------------
