BNX/USDT Bearish Divergence.Hi everyone,
There is a bearish divergence on three indicators. It should minimum hit the Fib. 0,5 level.
I would be glad to see your opinion.
Regards.
Bnx
bnx looking mega bullishbnx formed many bullish patterns on 4h chart like bullish symmetrical triangle , ascending triangle and Descending Broadening Wedge Chart Pattern also bouncing 0.5 fib retracement level . currently trading close to resistance , better to buy on 0.618 level to 0.66 level of fib retracement and new higher high is around 124 simply buying should above 124 to 127 with stop loss 123 targets 133, 135 , 137 , 140 ,145 .
BNX Long Position -1% Stop +10% Target. Lets Take a Look!A positive divergence has formed between BNX daily RSI and price. If we count the black trend line coming from the bottom as the stop zone, this stop corresponds to 1% from the point I shared now, this risk grows with leverage. The risk for spot buying is 1%. If the black price line is broken in volume, its possible move will be as i pointed out to wave 5. In case of a daily closing or a voluminous exit above the black price line, secure the principal with a stop, so the risk will be reduced to zero. I wish you lots of luck.
NOTE: Pay attention to the 23,800 resistance in BTC. It is an important resistance, if there is a hard sell from that area and you noticed this chart late, do not force it to buy long or spot!
Don't forget to like the graphic!
BNX/USDT - Two scenarios of an uptrendI like the way BNX bounced off the simple uptrend trendline. As long as current support holds, there should be a fast jump within next couple of days.
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
BNX MAKING RISING WEDGE PATTERN Is bnx not stop on the trend line support it will go more down
Not a financial advice
If you are agree hit the like button ✅
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!
Bullish on $BNXNice setup to long
top wicks need to be filled.
expecting a nice pump to 150 and beyond possibly
Shorting $BNX at 200bnx is a really good project.
It has held well in this bear market.
Expecting it to drop when it hits 200.
If invalidated I will short it at 400 or 350
BNX is one of those coins with a positive tendency ❗️💎BNX has been able to defend strong support at $93, after which a new higher high has been printed. Is this a strong bullish sign or we are about to see a downtrend?
💎Based on the price action, the uptrend remains valid as long as the recent lower low at 104.70 is respected. On the chart, we can see the critical demand level at 115.83, where the most trading volume has occurred during the past two months.
💎While the probability of an uptrend remains high........
BNXUSDT - SETUPBNXUSDT price has got a serious rejection from the above critical zone as it is a key level resistance. This area is occupied with a 0.618 Golden ratio of ATH. So Bulls needs to show a strongest effort to cross this hurdle, otherwise, We may see a drop towards the previous support area of around 100$.
BNXUSDT - SETUPBNXUSDT price has been in a range for quite some time, But is it consolidation or distribution? We may see a bearish for a few sessions, creating a trendline breakdown. So wait for price action.
BNX bullish structure BNX / USDT
Another interesting coin in this red market !
BNX printed a bullish structure :
Bull flag above S/R zone
Invalidation : lose support zone (blue color )
This idea for educational purpose
