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BNT

BNT easily can hit $3 - Undervalued Defi coin!BNT easily can hit $3 - Undervalued Defi coin! Tim Draper backed Bancor Network Token - solid team and a solid project. On Twitter recent partnership with Polkadot mainly goes unnoticed. BNT is a sleeper, not many people are looking at it. similar to Balancer. undervalued. Also its the lowest market cap defi coin on coinbase that i could find. The price of $2 is also appealing to newbies VS paying $100+ for a coin psychologically. BNT all time high is $10 so we have room to run here back up there. This recent pump is an early indicator of more upside to come. Could be the next 8x DEFI coin that goes parabolic in a matter of days not weeks. I think people will not see it coming and will fomo at $10 -Not financial advise.
COINBASE:BNTUSDLong
by joesdeals
3
BNT.USDT (Y20.P6.E1).Looking for an entryHi all, Bancor has performed well in the past and with this uptrend can probably have more left in the tank. It did hit its target based on the spanning wedge formation but since the bulls are running the show with BTC...it might have some opportunities while BTC looks to break up once more. Potentially the mid 24Ks. For now, stalking this level on the 1 HRLY...looking for a bullish formation or bullish candle on the 8 hrly. All the best, S.SAri 1 Day chart....note the confluence of the fib levels and support\resistance. Weekly chart, still has upward pressure based on the Phoeix indicator, even though the weekly candle has that reject wick. PREVIOUS POST on Bancor
by ssari
BNT.USDT (Y20.P4.E4).Don't miss out.Hi All, Bancor did well in the previous run, better than most as a defi. For now, I have it ranging at this bottom level before it breaks up. I will be looking for it to break the next Fib Level or trend line to be interested, it starts to break the down trend and hence provides interest. For now, its still a down trend but the 0.618 fib level was where it got a strong reaction, so it might be the catalyst to break the down trend. Hence why I'm interested only if it does a lower high and higher high. Note the indicators: Bottom on the daily found and starting to cross over on all indicators, showing upward pressure. On the 3 Day chart, we have this. Not all indicators crossed over. Cheers, S.SAri
Long
by ssari
BNT 1D H&S + a new listing = the growth prospectsBancor is a networked liquidity protocol that supports automatic exchange across multiple platforms. In the summer 2017 the developers attracted an abnormal $153 million to the project, with the help of ICO in just 3 days. However, during 2018-2019, BNT lost value from a maximum of $10 to the minimum $0.11 in March 2020. The project got its new lease of life in 2Q 2020, when it began to develop in the direction of the Defi sector. The price splash was x13-x15. BNT is believed to become a major player in the future as it can efficiently handle trading volumes and convert blockchain assets into cash. For the last 3 months, BNT price has been forming an Inverted Head and Shoulders reversal pattern. Yesterday, there was a breakout of the base on very confident volumes, amid the news of the listing on 12/15/2020 on the Coinbase Pro exchange. As you remember, this happened recently with CVC. We think that at this stage it is not worth waiting for an increase above $1.45-1.55. Possible correction of this strong breakthrough to $1.15. Although, if the reversal pattern works out well according to the TA canons, then we can safely expect that the BNT price will reach $1.77-1.80 in the near future. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
4
Bancor (BNT) Does 85% Correction, Going Back Up?When the altcoins retrace, we normally see prices finding support at the 0.786 Fib. retracement level of the current wave. Here we are looking at BNTBTC and we can see that 85% of its price peak value is gone... Will prices now go higher or continue to drop? As this drop took place, we are seeing now a bounce, very strong bullish divergence with the MACD and RSI, and a break above EMA10. All these can indicate that the retrace might be coming to an end... On the other hand, if Bitcoin (BTCUSD) prints a strong drop, BNTBTC might go to the last support level before its next bullish jump. Something is certain, the bearish wave is coming to an end... The bulls will jump in once more. Namaste.
B
by AlanSantana
2
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
Long
by ssari
Bancor (BNT) Starts To Move Forward (60% Until Next Target)BNTBTC (Bancor) is now gaining bullish momentum together with Bitcoin (BTCUSD) and many other altcoins. Things are starting to look better and better. Here, BNTBTC found support at the 0.786 Fib. retracement level, just below MA200/EMA300, and now momentum is building as prices are moving up... Additional bullish action can follow. The next target is marked on the chart... This is an easy 60% ... There is always more. Namaste.
BLong
by AlanSantana
5
BNT - Catch a Ride up with Bancor?BNT is a blockchain protocol that allows users to convert different virtual currency tokens directly and instantly instead of of exchanging them on cryptocurrency exchanges like Coinbase. Basically a fancy wallet. We saw a big pump early august, capping out on the 8th just under $2.80. Since then, pretty solid downward channel with very little deviation. The past few days we've seen it bounce off the bottom on a pretty convincing breakout. Will it continue? Or will we have a chance to buy in soon? I feel like we'll probably get a bounce off the first TP zone. Upward support is looking strong and we're getting higher lows on every decrease. Indicators are looking generally bullish, with signs of some trend weakening. Bearish trend was long ago bucked on the volume with all the pumps happening during increases and very little sell volume. Considering the steepness of the downward column, how many bears didn't sell high? Sellers tired? We've got good play around the EMA's currently, bouncing off 200 on the 1D and 100 on the 4H. Good chance this will continue up to the next EMA at least. OVERALL Could buy in towards the bottom of the upwards support to snag some quick profit. Or wait for it to likely bounce down off the TP area to get a decent low risk position for long term growth. This could wind up backfiring if it decides to pick up steam all of a sudden, so spreading buys out may be the best course of action if you don't want to miss any fun. Long term TP's are marked in dashed green, and go up higher than previous ATH. There's a lot of potential up room here, but they will likely be LONG TERM . -- “Ego is to the true self what a flashlight is to a spotlight.” - John Bradshaw -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
Long
by cryptosince1963
2