Bancor (BNT) to $8

6 Jan 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 Jan 2023

Trade aktif

19 Mar 2023

Catatan

GRM support confirmed.

22 Apr 2023

Catatan

On GRM support. 60% upside on last confirmation.

4 Agu 2023

Trade aktif

3 Sep 2023

Catatan

now

8 Okt 2023

Trade aktif

Resistance fails. Support is under 45 cents.

11 Okt 2023

Catatan

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

10 Nov 2023

Trade aktif

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 Des 2023

Catatan

Past resistance confirms support.

22 Feb 2024

Trade aktif

27 Feb 2024

Catatan

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

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

8 Apr 2024

Catatan

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 Jun 2024

Catatan

Ready for a near 200% move?