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

Bancor
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 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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January 15, 2023

Bancor (BNTUSD) Turns Bullish as the Market Shifts Upward

BNTUSD Analysis: The BNTUSD Turns Bullish as the Market Shifts Upward BNTUSD flips bullish as the market changes character upward. While the major trendline still keeps the price from expanding upward, the market is already showing signs of the beginning of an upward trend. The Bullish Divergence, ...
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January 07, 2023

Bancor (BNTUSD) Resumes Downtrend Along Descending Channel

BNTUSD Analysis: Resumes Its Downtrend Along The Descending Channel BNTUSD resumes its downtrend along the descending channel. Since the emergence of the descending channel, the market has perfectly fit into the trendlines as price expands downward and retraces upward. Until there is a breakout fro...
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December 31, 2022

Bancor (BNTUSD) Continues to Crash in a Falling Wedge

BNTUSD Analysis: The market continues to crash in a bearish channel Bancor (BNTUSD) continues to crash in a falling wedge. The buyers are completely overwhelmed by the selling force in the market. Significant lows are consistently failing to keep prices stable. BNTUSD Significant Zones Demand Zones...
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