Free Bancor Governance Token (VBNT) Technical Analysis Signals

Overal Signal
Buy
Signals
Buy Hold Hold Hold
Last Update / Period
07 Nov / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

Bancor Governance Token (VBNT) signal with technical analysis on 07 Nov

On 07 Nov, we conducted a comprehensive technical analysis of Bancor Governance Token (VBNT), considering 256 signals with intricate details. Here are the key findings: 48 signals suggested buy strategies, while 107 indicated sell strategies. The remaining 101 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 29
Sell Signals: 10
Neutral Signals: 25
Result: This strategy leads to a Buy position.

Strategy 2:
Buy Signals: 10
Sell Signals: 30
Neutral Signals: 24
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 6
Sell Signals: 33
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 3
Sell Signals: 34
Neutral Signals: 27
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 48
Sell Signals: 107
Neutral Signals: 101
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Bancor Governance Token (VBNT) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Bancor Governance Token (VBNT) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

Bancor Governance Token (VBNT) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

Bancor Governance Token (VBNT) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of 22.79%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **Bancor Governance Token (VBNT)** holdings.

Bancor Governance Token (VBNT) Price Analysis and Resistance Levels:

Given our current long position in Bancor Governance Token (VBNT), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (0.433): The primary hurdle we face is the 0.433 price level. If the current trend remains unchanged, Bancor Governance Token (VBNT) could break above this level, signaling its strength and potential for further growth.

Second resistance level (0.472): If the upward trend continues with significant strength, we may see Bancor Governance Token (VBNT) cross the second resistance level at 0.472, indicating a major upside move and a promising direction for our position.

Third resistance level (0.483): For a more comprehensive analysis, consider a scenario where Bancor Governance Token (VBNT) not only breaks the second resistance level but holds its price above this mark. If this trend continues in the coming days, Bancor Governance Token (VBNT) could potentially reach the third resistance level of 0.483.
It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading Bancor Governance Token (VBNT), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

Bancor Governance Token (VBNT) technical analysis chart

Bancor Governance Token (VBNT) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 0.433 0.472 0.483 0.486 0.496
Support 0.331 0.326 0.296 0.211 0.158
 Bancor Governance Token (VBNT) Support and Resistance area (07 Nov)

Bancor Governance Token (VBNT) signals list for 07 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Bancor Governance Token (VBNT) candlestick patterns on 07 Nov

Today's Bancor Governance Token (VBNT) Candle Patterns List:

Belt-hold Closing Marubozu Long Line Candle Marubozu

Bancor Governance Token (VBNT) technical analysis over the past days

# Date Overal Signals ALL Signals
1 06 Nov Buy BuyHoldHoldHold
2 05 Nov Hold NeutralHoldHoldHold
3 04 Nov Hold HoldHoldHoldHold
4 03 Nov Hold HoldHoldHoldHold
5 02 Nov Hold HoldHoldHoldHold
6 01 Nov Sell SellSellHoldSell
7 31 Oct Sell NeutralNeutralSellNeutral
8 30 Oct Hold HoldBuyNeutralNeutral
9 29 Oct Buy HoldNeutralNeutralNeutral
10 28 Oct Buy BuyHoldNeutralNeutral
11 27 Oct Hold HoldHoldHoldHold
12 26 Oct Hold HoldHoldHoldHold
13 25 Oct Hold HoldHoldHoldNeutral
14 24 Oct Hold HoldHoldHoldNeutral
15 23 Oct Sell HoldSellSellNeutral
16 22 Oct Neutral NeutralHoldHoldNeutral
17 21 Oct Buy BuyBuyHoldHold
18 20 Oct Hold NeutralNeutralHoldHold
19 19 Oct Buy HoldHoldBuyHold
20 18 Oct Buy BuyHoldNeutralBuy
21 17 Oct Hold NeutralBuyNeutralNeutral
22 16 Oct Buy HoldNeutralBuyBuy
23 15 Oct Neutral HoldNeutralNeutralNeutral
24 14 Oct Buy BuyBuyBuyNeutral
25 13 Oct Sell SellNeutralNeutralNeutral
26 12 Oct Hold NeutralNeutralSellBuy
27 11 Oct Hold NeutralSellNeutralNeutral
28 10 Oct Buy HoldNeutralBuyNeutral
29 09 Oct Buy BuyNeutralNeutralHold
30 08 Oct Hold HoldHoldNeutralHold

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