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
Bnx
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▫️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
BNX LONG SIGNALNice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
BNX my hero ! I think we will see big pumps ! This coin got good fundamental and graph looks good too !
$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!
BNXUSDT BNX SHORTpurple line: entry after 1 Hr candle close
Red: Stop loss
Blue: Targets
trade size: 10% of trading balance
good luck.
#BNX/USDT BEST ENTRY GREEN ZONE AND 35% PUMP AND SPOT !Hello, members welcome to BNX/USDT 4hr chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
Show some support, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:
Now, IMO we can see BNX touch the upper trend line one more time and bounce which will be the confirmation of a good green rally.
ENTRY:-$112,$114
TARGET:-35%
STOPLOSS:-$109
with leverage 5x to 10x
STAY TUNED WITH US MORE LARGE-CAP CHART ANALYSIS IS UPCOMING.
This is not a piece of financial advice.
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$BNX - Ichimoku breakout + downtrend breakoutBNX is breaking the downtrend and breaking out of the ichimoku cloud
this can be a good trade as the next resistance is at about a 10% distance from the current price
I'm entering if I see a good close of this 4h candle
let me know what you think or if you see anything I didnt see!
Can we see 200% move to the upside with BNX in March?Possibly yes, I do like this inverted hammer candle pattern on monthly chart... usualy price should go back to grab some liquidity... BUT then it can be flush back down and even under monthly open in March. RISKY ONE
NOT A FINANCIAL ADVICE
POSTIN THIS JUST FOR EDUCATIONAL PURPOSES
BNXUSDT - SETUPBNXUSDT price has consolidated and bounced from a good support zone area and trying to break the trendline. Bulls were Active before and showed a positive momentum then price retraced and now again strength has been shown by the bulls. So keep on your watchlist as we are looking for momentum towards the next resistance zone at the 40.0 level.
66 dolar waitingIf we close the day above 22.1, there is a quick exit to 66 dollars. We have a resistance point at 27.2
Double Your Investment Ideas : BNX/USDtBNX is currently standing at the point where it can be bounce anytime and we could make at least 2x return ...
DISCLAIMER : Invest with Safety and Risk Management . Invest with D.C.A ( Dollar Cost Averaging ) strategy so you Make better returns with Minimize Risk.
Learn D.C.A if you are not aware about it.
Good Luck !
Power of 2x .
$50 $100
$100 $200
$200 $400
$400 $800
$800 $1,600
$1,600 $3,200
$3,200 $6,400
$6,400 $12,800
$12,800 $25,600
$25,600 $51,200