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✴️ BinaryX Short-Term Move Mapped, Bitcoin Double Up (111%)
BNX / Bitcoin
Long
✴️ BinaryX Short-Term Move Mapped, Bitcoin Double Up (111%)
By AlanSantana
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Dec 25, 2023
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Dec 25, 2023
Let's look at a short-term move based on a simple chart pattern and several classic signals.
BinaryX vs Bitcoin | BNXBTC
— We have a descending triangle as consolidation already breaking bullish.
That's the pattern.
— Rising volume.
— Trading daily above EMA10 and EMA21.
— Bullish RSI.
— Altcoins market bullish.
These are the classic signals.
All these support a bullish move in the coming days; maximum a week or two.
— The orange line at the bottom can be used as support/stop-loss.
Make sure to do your own research and planning before trading.
This is not financial advice.
This is chart reading/technical analysis.
Namaste.
Chart Patterns
Technical Indicators
Trend Analysis
AlanSantana
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