#BNX (SPOT) IN (.46- .56) T. (1.47) SL(0.4574)BINANCE:BNXUSDT
( GAMING)
Entry (.46- .56)
SL 1D close below 0.4574
T1 .67
T2 .95
T3 1.09
T4 1.30
T5 1.47
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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Bnxanalysis
BNX price movement projection / (Pay attention to the details)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.
BNX analysisNote: The volatility of this coin is high and its volume is small, be careful.
From where we put the red arrow on the chart, it looks like the BNX correction has started.
It seems to be a diametric correction.
It can move down from the red box.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BNXUSDTBased on the market data provided, the BNXUSDT pair is currently trading at a price of 0.2653 USDT.
The 4-hour chart shows a Relative Strength Index (RSI) of 0.0119, which is extremely low and indicates that the pair is heavily oversold and could be due for a price correction or reversal. The Moving Average Convergence Divergence (MACD) is 0.098, suggesting a bullish trend. The Bollinger Bands (BB) value is 0.2460, indicating high price volatility.
The daily chart shows an even lower RSI of 0.0095, suggesting continued oversold conditions. The MACD is 0.0098, which still suggests a bullish trend, but less pronounced than in the 4-hour chart. The Bollinger Bands value is 0.2183, indicating a lower price volatility compared to the 4-hour chart.
The 7-day chart shows the lowest RSI of 0.0070, suggesting extreme oversold conditions. The MACD is 0.0909, still indicating a bullish trend. The Bollinger Bands value is 0.2590, showing high price volatility.
In terms of support and resistance levels, the 4-hour chart shows support at 0.2275, 0.1960, and 0.1839 USDT, and resistance at 0.2715, 0.2870, and 0.3008 USDT. The daily chart shows support at 0.1978, 0.1879, and 0.1682 USDT, and resistance at 0.2957, 0.3362, and 0.3462 USDT. The 7-day chart shows support at 0.2290, 0.1858, and 0.1619 USDT, and resistance at 0.2686, 0.3356, and 0.4900 USDT.
In conclusion, the BNXUSDT pair is currently showing extreme oversold conditions across all time frames, suggesting a potential price correction or reversal. However, high price volatility and bullish MACD values suggest that the pair could still experience upward price movements. Traders should consider these factors and their risk tolerance before making a trading decision.
BNX Technical Analysis 4 HOUR CHART! LOCAL TOP ?? FIB LVLS Could this be a local top for BNX??? OR to the MOOON it goes!?
Let me know what you guys think of this token right now! It's going crazy!
Here are some key fib lvls that IF BNX has found a top.. we could look out for these incoming lvls of SUPPORT
LETS GET THIS CRYPTO!!!!
BINANCE:BNXUSDT