Bnx
BNX/BTC start up trend againBNX/BTC technical indicators:
1/ ema12 is about to cross up ema26 => Short term up trend
2/ ema200 is going up => long term up trend
3/ MACD already cross up Signal and MACD is about to cross up zero line.
4/ RSI14 is above 50 (buyer in control)
5/ Stoch RSI fast above slow => RSI is going up
Action: Buy now
TP: 0.006927 (20%)
BNX/USDT pullback before the rally - 36% growth expectedI love how the price action played out, currently we are at the long-term support level. At the same time we must not forget the bounce of a strong Fibonacci based support. This might result in the fast rally, towards the Fibs resistance near $170
BNXUSDT - Triangle Breakout!!BNXUSDT (1h Chart) Technical analysis
BNXUSDT (1h Chart) Currently trading at $118.2
Buy level: Above $118
Stop loss: Below $113.50
Target 1: $120.50
Target 2: $124
Target 3: $128
Target 4: $133
Max Leverage 3x
Always keep Stop loss
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BNXUSDT🔥 Forecast update💡Subscribe to the channel that will receive new information about the cryptocurrency market✅
Hello everyone👋
I want to update the idea a little.
We broke through the support of the rising wedge, the priorities of all are the same.
Duplicate the plan👇
💡Entry $128.4
🔝Take profit 100.7$
✖️Stop Loss $96.5
BNX is searching for liquidity to bounceBNX is also a high volatile crypto, recently. Its moves (up and down) are quite periodic.
In my opinion, now it is looking for liquidity to pump again. The liquidity is around $25-$26. When being at this level, it is very likely that a hidden bullish divergence would be seen. As a result, I expect a strong bounce of BNX the next days.
Invalidity when there is a 4H candle closing below the daily trendline (below $25).
Here below is the view in 1D TF
BNXUSDT🔥Subscribe to the channel to receive more new information about the cryptocurrency market✅
Hello everyone👋
▫️There is a rising wedge formation on the chart.
▫️The price has broken the lower border of the wedge, I expect a fall to the local support zone of $96.5
Sample deal plan:
💡Entry $128.4
🔝Take profit 100.7$
✖️Stop-loss 96.5$
BNXUSDT - SETUPBNXUSDT's price held its ground during this insane dumping and showed so much positivity during the near time. But now there are two problems: One, Price flirting with golden Fib level 0.618 continuously but got rejection at 145 $. Secondly, price did print a new HH on a closing basis. Which is a disturbing sign for the Bulls.
Although the price came out from a triangle still there is no confirmation is it a breakout or a fakeout. Wait for the better price action. Good Luck!
BNX is one of those coins with a positive tendency ❗️💎BNX has been able to defend strong support at $93, after which a new higher high has been printed. Is this a strong bullish sign or we are about to see a downtrend?
💎Based on the price action, the uptrend remains valid as long as the recent lower low at 104.70 is respected. On the chart, we can see the critical demand level at 115.83, where the most trading volume has occurred during the past two months.
💎While the probability of an uptrend remains high........
BNXUSDT - SETUPBNXUSDT price has got a serious rejection from the above critical zone as it is a key level resistance. This area is occupied with a 0.618 Golden ratio of ATH. So Bulls needs to show a strongest effort to cross this hurdle, otherwise, We may see a drop towards the previous support area of around 100$.
$BNX - bullish if we break out of the rectangle pattern!the price has formed a rectangle pattern made of a good support level @100 and the resistances @120 and @130
if we see a breakout from the @130 resistance on the 1D timeframe, we can expect a good rally until the following resistance, which would be around 160 thus providing a juicy 17 % ish profit!
I'm entering if this scenario plays out, just be patient guys!
let me know what you think about this!