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Bnx

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
BNX: THE TOP WHALE BREAKOUT THAT CAN HAPPEN ANY MOMENTBNX: the Top coin where soon more whales will see the effect of it. This coin can get soon the expected trend as long as this DCA whale trend going. BNX has a higher plan, this depends on the DCA whale holders, and even with the breakdown of markets, this coin can show an unexpectedly high increase change. Waiting for the real golden breakout that can happen at any time. Read also about why it can increase and binance support. Also, if BTC breakdown, as you can see depending on this history chart BNX stays increasing This is not trading advice and a view from the side of traders.
Long
by Goldenbreakout
BNX: WHY THIS COIN CAN INCREASE IN 1 WEEK TO ATH (CZ Binance)BNX is known from the start increase at 02-FEB 2022 until now as DCA increase coin, since that time it did not more breakdown and even with the breakdown of markets, BNX did stay strong for the long-term goals. some called the diamond hands, and is that right? BNX did stay strong as the DCA whales gave some protection to the price action so that NO breakdown zone will be confirmed , and they increase it time by time. The supply of this coin is very low and if the AVAX coin market cap would be on this coin in this bear market, that the price of BNX would be over 2K USD. This week is an interesting week, and with a high chance that we can see NEW ATH in 1 week. this coin has a goal and long-term vision. There is also a high chance that CZ the binance owner one of the main investors in this project, out of the LAB investment from BINANCE. on Twitter, he shows also more times them support for BNX and likes to show some interesting talks with the owner. I think and believe that CZ plays a high role to support BNX. and with time we can see this effect. same time i would be not surprised if he is also one of the part investors of this coin personally and getting this out later. (Some reasons and confirmation make me think this) This week is important, and also with the breakdown of BTC: BNX can still hit the ALL-TIME HIGH of 224 USD. The real increase trends would start when this coin shows the next 100% increase - from there the CC supply would do more work. Trade safe. Don't see this as trading advice. Studying self is always the trend before taking any action. Crypto can be in all ways very risky.
Long
by Goldenbreakout
BTC BREAKDOWN - BNX GOING INTO INCREASE SIDEMost coins following BTC - BNX is the only coin that since the start of 2022 going on the side of increase. To read more about it check: In the long term, the BNX price does not affect huge as most of the coins when there is BTC breakdown. we have seen more times even if the breakdown is small, the recovery of BNX gets in a small time back, this means more for the future. BNX has the same max supply as BTC 21M. In long term, it seems to be more over BTC depending on the statics chart. There is also expecting for ATH in 1 week. This is not trading advice. all crypto can be risky.
Long
by Goldenbreakout
BNX : THE COIN THAT CAN BREAK ALL TOPS AND THIS IS WHYBNX is one of the best coins at this moment and even with the breakdown of markets it still can go to the expected targets. BNX same time the best one at the moment with long-term target DCA increasing. And even with a breakdown of BTC - it still keeps going into increase, the reason for this all: it has the DCA WHALE TREND. That means there is a time-by-time buying by whale trend to stable the price and with the goal of higher targets. This project expecting is that it can go to targets as 188/224/332 and higher. Read more about it on the next idea 188/224/332 There is a connection between CZ Binance owner and this project, Wich connection there exactly should confirm later, but depending on more studies shows CZ have to do with this project. and if you only study some tweets, you can get an idea. Is this the sleeping giant? My expecting is yes. This not a trading advice. manage your risk always.
Long
by Goldenbreakout
2