Hi all,
Bancor has performed well in the past and with this uptrend can probably have more left in the tank.
It did hit its target based on the spanning wedge formation but since the bulls are running the show with BTC...it might have some opportunities while BTC looks to break up once more.
Potentially the mid 24Ks.
For now, stalking this level on the 1 HRLY...looking for a bullish formation or bullish candle on the 8 hrly.
All the best,
S.SAri
1 Day chart....note the confluence of the fib levels and support\resistance.
Weekly chart, still has upward pressure based on the Phoeix indicator, even though the weekly candle has that reject wick.
PREVIOUS POST on Bancor
Bancor has performed well in the past and with this uptrend can probably have more left in the tank.
It did hit its target based on the spanning wedge formation but since the bulls are running the show with BTC...it might have some opportunities while BTC looks to break up once more.
Potentially the mid 24Ks.
For now, stalking this level on the 1 HRLY...looking for a bullish formation or bullish candle on the 8 hrly.
All the best,
S.SAri
1 Day chart....note the confluence of the fib levels and support\resistance.
Weekly chart, still has upward pressure based on the Phoeix indicator, even though the weekly candle has that reject wick.
PREVIOUS POST on Bancor
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.