Bancor / TetherUS
Long
Zaktualizowano

Bancor (BNT) to $8

6 847
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

Zlecenie aktywne
Uwaga
GRM support confirmed.
Uwaga
On GRM support. 60% upside on last confirmation.
Zlecenie aktywne
Uwaga
now
Zlecenie aktywne
Resistance fails. Support is under 45 cents.
Uwaga
Support under 45 cents held very nicely. Textbook 90% flush out.
Zlecenie aktywne
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.
Uwaga
Past resistance confirms support.
Zlecenie aktywne
Uwaga
** target update **, now $12 not $8

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

snapshot
Uwaga
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.

snapshot
Uwaga
Ready for a near 200% move?

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