BNT/BTC (Test Old Support?)
💎Technical Analysis Summary💎
BINANCE: BNTBTC
-Bancor is on a downtrend since the pick at 23k sat area
-Its value has declined by -70% already and still going lower
-If BNT will keep respecting this descending channel
-There is a channel to test old support at around 6k sat range
-But until this parallel channel is broken to the upside
-The Bears are still in control of the market
-I recommend waiting for a proper breakout followed with a volume
-This reduces the risk and have proper stop loss location
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Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
BINANCE: BNTBTC
-Bancor is on a downtrend since the pick at 23k sat area
-Its value has declined by -70% already and still going lower
-If BNT will keep respecting this descending channel
-There is a channel to test old support at around 6k sat range
-But until this parallel channel is broken to the upside
-The Bears are still in control of the market
-I recommend waiting for a proper breakout followed with a volume
-This reduces the risk and have proper stop loss location
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.