Bancor (BNT) to $8

6 de jan. de 2023

On the above 3-day chart price action has corrected 96% since the awesome sell signal back in March 2021 (not shown). Now is an excellent moment to be long. Why?

1) A break out from price action and RSI resistance as price action falls on historical support.

2) Multiple oscillators printing bullish divergence over a 7 week period. Amazing.

3) The target is $8. Some of you know why some of you don’t.

4) Unlike many projects around this market capital size (56m) it is fantastic to see circulating supply matched by the total.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 20x minimum

6 de jan. de 2023

Trade ativo

19 de mar. de 2023

Nota

GRM support confirmed.

22 de abr. de 2023

Nota

On GRM support. 60% upside on last confirmation.

4 de ago. de 2023

Trade ativo

3 de set. de 2023

Nota

now

8 de out. de 2023

Trade ativo

Resistance fails. Support is under 45 cents.

11 de out. de 2023

Nota

Support under 45 cents held very nicely. Textbook 90% flush out.

10 de nov. de 2023

Trade ativo

Following the flush out of weak hands price action is free to fly. A number of tokens over the last 48hrs saw weak hand flush outs, at least 20 by my count.

28 de dez. de 2023

Nota

Past resistance confirms support.

22 de fev. de 2024

Trade ativo

27 de fev. de 2024

Nota

** target update **, now $12 not $8

Price action exited the wedge earlier than expected, this increases the cycle top target.

8 de abr. de 2024

Nota

2nd target update, now until $30.

This is a 3 week chart below with confirmed bull flag breakout. No doubt there shall be 30-40% corrections on the way up, plan for it.

4 de jun. de 2024

Nota

Ready for a near 200% move?