PolarHusk

BNT/BTC (Temporary Bottom?)

BINANCE:BNTBTC   Bancor / Bitcoin
BNT/BTC

-The price bounced perfectly at the key daily support
-This may be the temporary bottom for now
-Bearish side, the 200ma acted as new dynamic resistance today
-BNT could revisit the low at 1388 and potentially form a double bottom reversal
-I advise to enter a Buy position only after a clear trendline breakout
-You may enter the breakout or trendline resistance
-ideal stop loss is below this green line support

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