Bancor / TetherUS
Updated

BNT.USDT (Y20.P6.E1).Looking for an entry

189
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.
snapshot

Weekly chart, still has upward pressure based on the Phoeix indicator, even though the weekly candle has that reject wick.
snapshot

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