BNT bottom reversal signal
Bancor was one of the hottest ICOs that looked very promising, but the only thing this coin has done - massive drawdown in Satoshis.
Right now, it's showing huge Ascending Triangle which was formed within all-time low. Triangles are usually continuation patterns, but sometimes they can act as reversal of the tops and the bottoms.
We can observe an increase in volume since the last 3 months.
Massive spikes in volume indicate us, that somebody is aggressively buying.
Targets - I don't really know how much this coin will be accumulating. Due to the upcoming Alt boom, we can see this coin pumped a lot in near future. My targets will depend on chart patterns and time.
Right now, it's showing huge Ascending Triangle which was formed within all-time low. Triangles are usually continuation patterns, but sometimes they can act as reversal of the tops and the bottoms.
We can observe an increase in volume since the last 3 months.
Massive spikes in volume indicate us, that somebody is aggressively buying.
Targets - I don't really know how much this coin will be accumulating. Due to the upcoming Alt boom, we can see this coin pumped a lot in near future. My targets will depend on chart patterns and time.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.