Joeyqt

BNT due another breakout?

Long
COINBASE:BNTGBP   None
Bancor Network (BNT) has been making 50% climbs during 2021. With the dip over the last week, it's held well compared to most others which have fallen well back in recent surges.

Unlike most other cryptos listed on coinbase on the 4 hour, BNT is currently below the 20 on the Stochastic RSI indicator, and has been in consolidation and below the MACD for some time. A breakout above the Ichimoku could see it head towards £5-6. Most other coins are only half way down the Stochastic + RSI and just crossing the MACD, suggesting they have room to drop much lower.

The other 2 coins showing similar signs to BNT are Nucypher & LTC.

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