BNXUSDT trade ideas
BNX Short SetupBNX Short Setup
Entry: 158$-159$
Stopplopss: 164$
Target: 152$ - 148$ - 140$
Best regards,
JK55Cryptop
BNX 19.11.22The outflow of money from cryptocurrencies, which are considered high-risk, continues. BNX won't be able to escape it either. In my opinion, a good point for the start of a bear trend for 161 $ BNX would be the 134$-137$ range, the first target in a possible downtrend.
What I write here serves as a note to myself. Does not include investment advice.
BNX Has Weak Rallyas you see BNX has Weak Rally to be continue.
you can take short position with 4x leverage.
save profit at horizontal line.
BNXUSDT BUY POSITIONMARKET in up trend
trendline break because of trend bullish
morning star pattern
now we can buy it
BNXUSDT | BEARISH CHANNEL BROKENBNXUSDT has been trading in a bearish parallel channel from last 2 months .
The price has broken above the channel.
The bulls need to hold the price above the breakout zone.
Manage your levels accordingly.
BNX breaking the channel
BNX is a GameFi crypto.
It has been moving in an ascending channel since April 2022. However, the trading volume has continuouly decreased. Today, it is breaking out and going back to demand area (grey zone), likely.
We can observe that the money flow is out, with MFI and OBV indicators: buyers are vanishing.
With the bad news of macros, I expect that BNX will break the channel and go down to look for liquidity.
Looks like it's the end of the uptrendLooking by the structure on daily and weekly, I can see that it has broken under major previous support that was held for months, so it might be time for BNX to chill a bit.
BNX/USDT Possible movements! Hey, traders
Let's take a peek at BNX/USDT pair. Well despite our bearish trend that we are going through for the last months BNX coin has done pretty good with a nice uptrend. We have drew two scenarios for you where one would be if we break this uptrend and other one if we hold strongly this uptrend and go for new ATH.
Buy and Sell zone has been marked so let's see what we will get from here
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
BNX - ON INCREASING TRENDBNX shows some volume trends that can bring BNX into high price action.
Targets - 189 - 225 USD is an important targets for BNX
BNX known as cycle coin and have long term movements.
🔥 BNX Still A Top Performer During The Bear MarketSome time ago I made an analysis on BNX where I argued that BNX could very well be a top performer during the bear market. Since then, BNX has continued to gain in value and has kept on trading within the bullish channel.
A couple of days ago, BNX has successfully bounced from the bottom support. In my view, it's highly likely that BNX will simply continue to go up. Target is the top of the channel.
BNX bullish here on LTFBNX has been holding it's support line while catching liquidity below main support level.
As we see other NFT coins pumping while BTC accumulates within 20500 ~ 21000 range, there is strong chance of BNX pumping ahead as well.
Entering at CMP level and DCA'ing on FIB levels while adding trailing and moving stops as TP's hit. TP 150.55, 151, 151.80 & 152.
BNXUSDT | BREAKOUTBNXUSDT has broken above the falling resistance. The price need to sustain above the breakout zone.
We are watching out for retesting of breakout level.
The bulls are in control.
Manage your trades accordingly.
BNX breaking the channel
BNX has been moving in an ascending channel. Today, it seems to breakout and go back to demand area (grey zone).
We can observe that the money flow is out with MFI and OBV indicators: buyers are vanishing.
BNXUSDT | BULLISH PARALLEL CHANNELBNXUSDT has been trading in bullish parallel channel .
The price has approached to the lower boundary of channel.
The price has previously too approached to boundary and get support.
The bulls need to break above the falling resistance
Manage your trades accordingly.
BNX/USDTHello everyone, today is a very exciting day for all of us at our coin market analysis.
We will be following price movements on BNX/USDT and have detected a buying movement on the market.
As we know that most cryptocurrency markets have been decreasing its a time for investors to buy low and sell high.
BUY BNX/USDT
ENTRY : 144.5$ -146.5$
TP1 : 153.8$
TP2 : 161.0$
TP2 : 164.8$
SL : 137$
bnx longBNX is #229 with it's mark cap and today it showed the best impulse in the best place. Between strong EMA-s. Minimum target is ATM...
BNXUSDTBNXUSDT RISING WEDGE FORMATION.
I would be watching for a clean break of this pattern possibly in Q4.
IMAGINE THE SMELL
BNX/USDT Short...BNX/USDT Sell.... This is not signal... Dont risk more than 3% of your account on any trade...
BNXUSDT | RISING WEDGE BROKENBNXUSDT has been trading in bullish trend .
The price has broken below the rising wedge
The bearish candles on retest of resistance zone will confirm the downtrend.
The bears will take control from resistance zone .
Manage your trades accordingly.
BNX [ TA ] One would like to say " Just buy and hold ".
This is a hidden bull market - it is possible that it will surprise us more than once again
one of the few coins with positive YTD performance is BNXgetting in after insidebar days or entry signals from the percent R indicator was profitable in the past with a two day low trailing stop...
