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 .
BNXBTC
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%)
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 $. Secondly, price did print a new HH on a closing basis. Which is a disturbing sign for the Bulls.
Although the price came out from a triangle still there is no confirmation is it a breakout or a fakeout. Wait for the better price action. Good Luck!
BNXUSDT - SETUPBNXUSDT price has got a serious rejection from the above critical zone as it is a key level resistance. This area is occupied with a 0.618 Golden ratio of ATH. So Bulls needs to show a strongest effort to cross this hurdle, otherwise, We may see a drop towards the previous support area of around 100$.
#BNX/USDT BEST ENTRY GREEN ZONE AND 35% PUMP AND SPOT !Hello, members welcome to BNX/USDT 4hr chart analysis by CRYPTOSANDERS.
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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
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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