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Bnx

BNX FAIR VALUE GAP !!!What Is a BinaryX Token (BNX)? BinaryX platform is the project associated with CyberDragon, a play-to-earn game built on Binance Smart Chain (BSC). The team of BinaryX aimed to create a metaverse game named CyberDragon wherein every player can recruit heroes, enhance levels of heroes, challenge dungeons, and rob unique items. Metaverse is a notion of an online and 3D universe that enables users to meet, work, socialize, and play games in these 3D spaces. The game's ultimate aim is to defeat the Cyber dragon, the ultimate boss. By defeating the dragon, players can get dragon treasure chamber rewards. The players can form a character that gets leveled up by the consumption of Gold. Gold is the in-game currency that can be gained by finishing dungeon adventures or daily mining. BinaryX platform is a multi-token economic system where players can discover the adventurous dungeon and earn daily work income. The multi-economic system comprises BNX, Crystals, and Gold. BNX is a governance token of the BinaryX platform. The token holders of BNX can contribute to community governance. It implies that they can vote on crucial decisions concerning the game. A large portion of the BNX tokens that users pay in the game is employed to determine event rewards, which is finally returned to all the users. The game's main currency is Gold. Gold is needed in most consumption situations within the game. The players can use Gold to recruit other players to build a team. Heroes in the game are required to use Gold to upgrade. Another currency utilized in the platform is Crystal. Players consume Crystal to reforge tools while challenging any dungeon in the game.
Long
by MustansarAli514
APT : SHOWING FREE FALL VIEW TRENDAfter The before coins FTT, LUNA, and the breakdown of BNX and GMT, APT seems also to have a good chance to enter into a new breakdown trend since it did shows today a pattern that could enter this coin into free fall possibility. This is not trading advice, it's our view for this coin, and we personally will follow the coming time trend to confirm some levels on this coin. It's our view of what we expect for now, but the chart and trend should get some confirmation, and we also follow the last trends. This is not a guarantee that it will happen, but depending on what we have scanned today we see APT as a possible coin that can break down coming. APT is also a coin that doesn't have max supply, and there is the possibility to create more coins. It depends on how the market will play. it's possible that this coin will have a breakdown trend for a low time frame, but same time a free fall is also a possibility that can happen. This update is based on the last price action of today. Trade only depending on your plan, and study always the trend 100% by yourself. # Data showing a free fall effect means not always that it should happen, so that's why we will follow it to see if this will happen .
Short
by Goldenbreakout
5
BNX: BROKE FIRST TIME SINCE START 2022 THE BREAKDOWN TREND ZONEBNX shows for the first time since the start of 2022 a signal of entering a new breakdown trend, what this means exactly we should confirm it coming time. but at last, this coin making history into range levels that did not respect for the long term, this could bring BNX to below levels. There is a good possibility that BNX can return below 100 USD since the levels for the uptrend are not confirmed. This is not trading advice, study your charts well before you enter any trade. This coin knows as a coin that did increase and held the levels before since 2022, but now it shows a difference side of the trend.
Short
by Goldenbreakout
1
BNX : BACK WHERE IT DID STARTS 2022 NEXT ONE?BNX, also known as BinaryX, is a project that supports the CyberDragon game on Binance Smart Chain (BSC). Initially, BNX was a decentralized protocol for trading derivatives, but the concept has since evolved to capitalize on the growing trend in the GameFi industry. Recent developments with BNX have shown that the coin is potentially at risk for a free fall in the coming time. This is due to the lack of normal DCA transactions, as well as a potential breakdown of the structure that has been in place since the start of 2022. While this does not guarantee that BNX will experience a free fall, it is a potential risk that investors should be aware of. In order to protect against this potential downside, investors may want to consider diversifying their portfolios and not putting all their eggs in one basket with BNX. Additionally, it may be wise to keep an eye on market conditions and make informed decisions based on the latest developments and trends. Overall, BNX has shown itself to be a resilient coin in the past, but like all investments, it carries some level of risk. By staying informed and making smart investment decisions, investors can potentially mitigate the potential downside of BNX. This is not trading advice, it's only a view of the market at this moment. Time will show or it will breakdown or not.
Long
by Goldenbreakout
10
BNX: AFTER THE FALL NEW UPTREND?BNX, a cryptocurrency, has recently experienced a fall in value. This fall has caused it to lose its important cross trend, and the historical trend of transactions has shown a minus in DCA (dollar cost averaging). See our before view: The big question is whether BNX can recover from this dip and continue on an upward trend. It is difficult to predict the future of any cryptocurrency, and it is possible that this dip may be a temporary fluctuation or it could be the beginning of a longer-term downward trend. However, if BNX is able to recover and return to its previous levels, it has the potential to trend back above the 80 USD level and even reach the 100 USD level. It is important to closely monitor the performance of BNX in the coming days and weeks to see if there are any signs of a potential recovery. If you are considering investing in BNX, it is crucial to thoroughly research the cryptocurrency and make an informed decision based on your own financial goals and risk tolerance. It is always advisable to consult with a financial advisor before making any investment decisions. Yes, it's possible that BNX can recover from this trend, but at last we should see coming time signals of confirmations that show this also. The low time of BNX still shows that there are chances for it, when the price stays above 60 USD there is an even high chance this can happen. we never will know exactly the goal of this dip. This can be a trend, but same time also a new chance for new whales to re-enter into markets. ( that's why crypto will stay unexpected market) Trade safe and on your plan. This is just our view about it.
Long
by Goldenbreakout
BNX 23.11.22 (4h)It dropped sharply from the $161 level I mentioned in my previous review and came to $135. He gets a reaction from there and tries to enter the channel again. 4-hour closes above turquoise should be carefully examined with volume candles. We have 2 scenarios ahead of us. In such a case, the scenario with the red arrow may be valid in such a case that it cannot gain enough volume to hold in the channel and is pulled back to the first support point . If the volume increases and the 4-hour closes are solid above the turquoise line , the green-colored scenario could be realized. I did not close the shorts I opened, I want to put a stop to the profit and see where it will go. I will close part of the position every time it hits the green box. It should not be forgotten that BNX has an extremely high price compared to the market. Also, closures above the white line can take us to the second short point, so be careful. What I write here serves as a note to myself. Does not include investment advice.
by BarbarKalyon
6