Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals.
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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