BNT
High risk, high reward, bargain hunting "cheap" crypto coinsLets talk about tiny caps. As crypto continues to run, and get more expensive, everyone will be looking for the next big deal, the still cheap crypto to buy as there is less and less options as the market runs up.
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We need to discuss marketcap real quick because even though the first major site to service crypto is literally named after crypto market cap, it seems a lot of folks in crypto dont pay attention to it. I see too often some will say oh that asset is $500 each, thats too high, looks like I already missed the boat, but look at this cheap asset for $0.0001 and imagine if I own half a million of those and it goes up to $1, I think this is a common vision for crypto holders. But at the same time that asset for $500 which can be bought in fractions, may have a market cap of $100M while that asset for 0.0001 may already have a marketcap of $50B which makes the asset for .0001 50x more expensive than the asset for $500. Keep in mind the amount of money it takes to get an asset to run from $50M to SEED_TVCODER77_ETHBTCDATA:5B versus the money it would take to move an asset from a SEED_TVCODER77_ETHBTCDATA:5B to $500B (half a trillion dollars), its a lot more fuel needed for that engine.
Additionally, if an asset had a $50B market cap already and cost .001 cent and it ran to $1 that means if we took every coin that exists for that crypto, multiplied it by the total coins and it would have a valuation of $50 Trillion dollars, to put it in perspective all USD digital and phsyical in the world right now is worth about $30 Trillion. So the idea that this asset that has almost no real usable purpose other than trading should be worth more money than all the USD's in the word is absolutely absurd. That said, we still see things like XRP that has no traction in getting banks to use a public blockchain for remittance, has a valuation that is more than goldman sachs or HSBC, both which are feature rich banks with dozens of revenue streams beyond remittance and billions in profit every year, which is often shared with sharefolders, none of which XRP has. Its clear XRP is already hugely over priced but crypto populous doesnt seem care about the market cap, they see $1.80 as cheap, they dont see $180B is expensive.
That said I would still day trade XRP though i tend to prefer XLm because it runs many times when XRP does but tends to run harder.
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Now why did I just talk about all this stuff that hopefully you were already aware of? Back to the point, cheap crypto and the likelihood that more and more people will be looking for it as this market continues to run. So actual cheap crypto is crypto with a low market cap, but I think from a trading aspect, because so many people in crypto do not understand market cap and envision that penny coin going to $1, anything under $1 is likely to perform better.
I primarily use Coinbase so this is not exhaustive, I would recommend you check low caps on the exchange you use, but here is a list of low/tiny caps I pulled up yesterday, already had a 70% run on POLS. But there is something you need to be aware of with these low caps, most of them are also low volume. This means you cant just go buy $20k to $100k of these assets at once, you will have a ton of slippage and start off negative right off the bat, the order books and the volume just is not there. So for these assets, you have to slow play acquire them and be prepared for high risk, high volatility and the potential for high reward. A lot of these, like many if not most crypto are kind of, or are, total garbage, but again no one seems to care in crypto, they just want a bargain.
Here are a list of low/tiny caps, with cap rate, circulation, cost and avg daily volume right now. Anything with less than MIL:1M daily volume is pretty much un-tradable, once the daily volume is MIL:1M they are somewhat tradable and once it reaches $5M daily volume it starts to become fairly tradable but the price will have already run a bit by then most likely.
GYEN - $14M cap 2b circ - 0.006613 each $17k volume
SHIPPING GETTEX:18M cap 10B cirv 0.008111 $3m vol
LIT $52M cap 100M .94cents - $5M volume (only 50m in circ)
BNT $90Mcap 10M circ .75 each 8M volume
INV $21M cap , 615k circ, $300k daily volume, $35.81 each
00token (00) $19M cap 1B circ, 1M daily vol
Muse $6M cap, 1.58m daily vol, 950k muse, 508k in circ, $13.15
chrono.tech (TIME) GETTEX:17M cap710k circ, $24 each, 228k vol
FIS $41M cap 149M .40 each $9M vol
ACS GETTEX:68M cap, 88B circ, .0018 price, $1.44M vol
MLN GETTEX:48M cap 2.6m supply, EUROTLX:4M daily vol, $18 each
GST GETTEX:48M cap 2.36B supply, $12M vol
ASM TRADEGATE:56M cap 1.5b circ, 0.03 price, $19m vol
FORTA $71m cap 1b circ, .14 price, $7m vol
POLS $72M , 100M circ, .68 price, $20M volume (just ran up 70%)
Remember these are high risk, generally low quality projects, low volume coins and the play here is trying to get in on the actual cheap coins, before everyone else rushes to do the same. Some or even potentially many could be de-listed which could cause near total loss if you are sitting on one, this is not for those looking for low risk.
This is not investment advice, its also one of the higher risk strategies I have pushed, I would urge you to tread lightly here.
If you know of assets sub $100M market cap that I missed here, feel free to add it in the comments for others.
Happy bargain shopping.
BNT Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
BNT/USDT is showing potential for a significant breakout from the current symmetrical triangle pattern. The key support levels are holding strong, and technical indicators are aligning for a bullish movement.
Coupled with strong fundamentals, Bancor is looking for growth in the upcoming months.
- Accumulation Range: $0.5216 to CMP.
- Lower Support: $0.455.
- Initial Target: $1.48.
- Mid-term & Long-term Targets: $5 to $10 (8x to 16x).
DYOR, NFA.
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BNT looks bearish (1D)From where we entered "START" on the chart, it looks like a big triangle has started. This triangle will eventually end in a drop
It seems we are now in wave D of the big triangle
By keeping the red box, it can drop towards the swap range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BNT/USDT Break Alert! Potentially for continue upward movement!💎 BNT has garnered significant attention in the market, notably after successfully reclaiming and breaking out of the resistance area. However, before continuing its upward momentum, BNT is likely to undergo a retesting phase around the $0.85 support level.
💎 There is a high probability that following this retest, we may witness a substantial upward movement, with the next target being the resistance area.
💎 However, if BNT fails to bounce off the support level during the retest, it could signal a concerning development. This failure may indicate that the support has been compromised, potentially leading to a retest of the demand area.
💎 If BNT fails to elicit a positive response from the demand area, such as a lack of bounce, it could pave the way for a breakdown below the demand level, resulting in further downward movement.
BNT UPDATE (12H)Now, upon further investigation, we can say that after the diametric (where there is a green arrow) we may have a more complex ABC or bullish pattern.
BNT can continue to climb while maintaining the green range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BTNUSDT Bullish ConfirmationBTNUSDT appears to be unveiling an ideal buying opportunity following a bullish breakout. Notably, the repeated respect for a key demand zone laid the foundation for the subsequent bullish momentum. The breakthrough above the downtrend trendline served as a second confirmation of the bullish sentiment, reinforcing the likelihood of BTN continuing its northward trajectory.
The present pullback is unveiling an enticing risk/reward trade setup, presenting traders with a compelling proposition. With the potential for a substantial 122% upside, the current market conditions suggest a promising scenario for those considering entry into BTNUSDT.
BNT can go upIt has had a sharp drop and the power of sellers has been reduced for some time. It has a support range inside bar which I marked with green color.
We also have a Boolean mCH.
The green range is a strong support and can move up by maintaining this range .
Count on TP 1 more
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BNT/USDT Potential Bounce and back to testing on the resistance!💎 BNT has recently seen noteworthy developments in the market. Presently, BNT is in a consolidation phase within the support zone.
💎 There is potential for a bounce from this support zone, with the next target being the resistance area at 0.842.
💎 The resistance zone holds key importance, as a successful breakout probability could lead to a relatively straightforward path toward reaching our short-term target at the bearish OB area.
💎 However, if BNT fails to sustain its price above the support zone, resulting in a breakdown, this would signify a bearish trend. In such a scenario, the price would likely continue its downward movement, potentially returning to the strong support area.
BNT/USDT: The Countdown to Blast-Off Begins! 📈🚀Hello Fellow Traders! 👋
Exciting news on BNT/USDT – it's been simmering and looks like it's ready to sizzle with a potential pump anytime soon.
🟡 Buy Zones and Targets:
Take a peek at those yellow lines – that's our buy zone! Targets are neatly marked on the chart with red lines and greens for good measure.
📉 Low Circulation Alert:
BNT is working with a lean circulation of 134,283,554 BNT – that's something to keep in mind for potential price movements.
Strategy:
I'm diving in now and keeping an eye on those yellow lines in case of a market dip.
Remember the DCA mantra and don't go all in on a single coin – spread the love!
🚨 Disclaimer:
This isn't financial advice. Your success is rooted in your own research and prudent trading.
Wishing you all a stroke of good luck in the crypto cosmos! 🌌💰
patienceBNT is preparing to be drawn back up like a magnet. Its high was $19 se we haven't seen the last of the game on this one. Stack BNT and XRP and you should be fine for the next years but while XRP sleeps it always has very strong impulse moves that are hard to catch so building a bag on that is the best bet. I recommend scalping trade and placing money into these 2 coins for the bull market.
There are many profitable coins doing 80-180% gains such as BNT did just recently.
while BNT and XRP are filling up orders ill try to post some scalps im looking into.
DIMO is looking pretty promising, waiting on a retracement on Flare and something we could see some major gains on and have seen these past weeks is Fetchai.
good luck and have fun with it.
BNT will explodeWe have a pattern of cups and handles. The fan handle itself is also a pattern of cups and handles. This pattern has taken enough time.
We have a backup order block which is a good support and is below the price. We have rising CHs and mCHs in a row. It looks ready to fly.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BNT/USDT Speculative Trading IdeaBelow is a speculative trading idea for the BNT/USDT pair.
As of writing, the asset's value has decreased by more than 50% after a strong growth of 240%. The asset meets our expected indicators and reaches a high of $1.9546 .
We decide to acquire the asset at the current price of $0.8426. The 50-day moving average serves as support. A decrease in seller activity is also noted, and the price is being held by buyers according to the cumulative delta. The volume profile also reflects market participants' interest in this asset at this price level.
The first target of our trade is to reach the mirror level at $1.0500, with a profit percentage of over 20%. Upon reaching this level, we plan to close the majority of our position, which will be 80%.
The second target, intended for the remaining 20% of the position, is to reach a price of $1.2163 in the event of a breakout of the mirror level. The expected profit at this stage will be over 40%.
BNT ON BREAK LEVELThank you for reading this update.
Depending on our study we see that BNT has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
The coins show a high volume for the possibility of increased break.
#Nottradingadvice
#BNT#BNT
The coin came to resistance at $0.7524
Since we are in a bullish trend, a small rollback is possible, the main thing is not lower than $0.6191, then there will be a move to $0.8953 (1.)
There we can see consolidation with a continuation of the upward movement to $1.2494, where there will either be a strong pullback (3.). Or a breakout up to $1.5960 (4.), where there is also consolidation with a rollback or growth (5. 6.)
A return to 0.6191 - 0.5211 $ is normal, the coin’s growth may also continue from there (7.8.)
Only if we see consolidation below the blue support line, then the coin will go to update the lows (9.)
BNT LOOKS BEARISHA descending triangle has formed, we are now in wave E of this triangle and we have descending CH and BOS. We also have a falling QM, which is now trading below the qm level. The green box will be the main price target.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
a close upA bit closer look at BNT/USD... not a huge fan of fan fib but here's an example. we could see this push up to the .66 and if there is a break we could see some major movement within this coin. Not financial advise keeping a small bag to make a decent profit as XRP/USD is a more reputable coin in the long term. This coin is strictly for scalping some quick profits to put somewhere else but we could see something big coming up.
remember Risk management and good luck, have fun with it.
BNTUSDT 200% Potential!BNTUSDT Technical Analysis Update.
BNT/USDT has been ranging for the last 500 days, we can expect a good up move once breakout confirms.
Buy zone : Below $0.64
Stop loss : $0.54
Take Profit 1 : $0.635
Take Profit 2 : $0.89
Take Profit 3 : $1.25
Take Profit 4: $1.95
Always Keep Stop Loss
Thanks
Hexa