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BNX price movement projection / (Pay attention to the details)

94
$BINANCE:BNXUSDT
$GATEIO:BNXUSDT

Hello Traders
Until end of this week, BNX can give us two possible good positions in two sides.


Short movement:
  • Price needs to retest lower supports to gain the stability for an upward pullback to near 1.65.
  • So with a SL near the nearest important resistance in 1.4968, you can open a short position with a near target of 1.28-1.18
  • and a far optimistic target near 1.05

Long movement:
  • After price stabilized and gain volume between 1.1618 - 1.3474, only if nothing outside the box (Like start of a war😟 or anything else)happens to the market, BNX can retest resistance near 1.48-1.5 and after that start a movement to near 1.65 level.

The timing for the positions on the chart are not precise.
Pay attention to VRVP closely.
Trade closed: target reached
snapshot

Short setup📉 is on fire. after stabilization of the price, Prepare yourself for long scenario.📈
Note
snapshot

Short Target achieved completely. ✅🎯
Wait for the Long Setup ...
Follow for more updates.
CrazyS
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Also on:
Beyond Technical AnalysisbnxbnxanalysisBNXUSDBNXUSDTbnxusdtlongbnxusdtshortbnxusdtsignallongsetupPitchforksshortsetupTrend Analysis

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Beyond Technical AnalysisbnxbnxanalysisBNXUSDBNXUSDTbnxusdtlongbnxusdtshortbnxusdtsignallongsetupPitchforksshortsetupTrend Analysis
CrazyS
🚀Free Exclusive positions and Crypto tracking💎:
📲 Telegram: t.me/CrazyS_Tradingview_Analysis

Share the analysis & Spread the wealth✨
🖊Got Feedback? We're all ears!📚
🍀Ride this journey with us🥂
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.