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Bancor (BNT/USD) Poised for a Breakout to Reach Elevated Price Levels

Bancor
February 24, 2023

Bancor (BNTUSD) Buyers Enter the Market as Price Leaves Discount Array

BNTUSD Analysis: Buyers Enter The Market As The Price Leaves The Discount Array BNTUSD buyers enter the market as the price leaves the discount array. The market was bullish before the bounce off the discount array. The bullish trend started to develop at the beginning of the year, with the first d...
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February 16, 2023

Bancor (BNTUSD) Discounts as Price Breaks off Ascending Channel

BNTUSD Analysis: As Price Breaks Out Of Ascending Channel, Market Heads To Discount As the price breaks out of the ascending channel, BNTUSD heads for a discount. Following the Change of Character (CHOCH), the market flipped bullish as it broke a falling trendline. However, there seems to be enough...
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February 14, 2023

Bancor (BNT) Bull Market Hits a Major Brick Wall 

On the 7th of February, the Bancor market experienced a completely bullish daily session that took the price to around the $0.5 price level. But this very significant bullish move may be a contributing factor to the reversal of the trend, which was also characterized by a significant bearish move. ...
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February 10, 2023

Bancor (BNTUSD) Remains Bullish, Heads Into Discount Array

BNTUSD Analysis: The Market Remains Bullish as Price Heads into the Discount Array BNTUSD remains bullish as the price heads into the discount range. The market has successfully returned to the daily bearish order block. BNTUSD appears to be heading into a discount before resuming the bullish trend...
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February 03, 2023

Bancor (BNTUSD) Goes Bearish with RSI Indication

BNTUSD Analysis: Price Prepares to Flip Bearish as RSI Indicates Bearish Divergence BNTUSD is preparing to turn bearish as the RSI shows a bearish divergence. The bulls in the market have succeeded in driving the price along a rising flag into a mitigation block at the $0.4500 price level. This mig...
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January 26, 2023

Bancor (BNTUSD) Hits Diagonal Resistance As Market Aims Higher

BNTUSD Analysis – Price Hits Diagonal Resistance As The Market Aims For Higher Highs BNTUSD hits diagonal resistance as the market aims for higher highs. Following the Change of Character (CHOCH) to the upside, the price struck the diagonal resistance against the selling pressure in the zone....
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