BNXUSD - Potential Bullish TrendThis pair has been long in accumulation and has formed a bullish divergence. This could potentially move upwards. We will target 1:5 TP.
BNXUSD trade ideas
BNXUSD Hit the Resistance Top. See where to buy next!BinaryX (BNXUSD) is one of the hottest top 100 cap this week and it hit the 181.500 level, which was the High of October 27 2022. Technically we have identified a High Volatility Zone where BNX traded sideways for 2.5 months before the FTX crash.
As you see, the rise since the FTX bottom matches almost perfectly the rise from January 24 2022 to April 01 2022 (so far). On that fractal, it was when the price closed a 1D candle below the 4H MA100 (red trend-line) that started a Channel Up, where all 1D MA50 (blue trend-line) hits have been buy opportunities. You know the pattern if those parameters are fulfilled act accordingly and buy the dip.
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BinaryX token $BNX Next Pump or Dump?BinaryX to re-launch BinaryX DAO to fairly decide the buyback plan with all.
BinaryX token $BNX crashes down -65%.
Stochastic RSI:
Weekly - Oversold/Bearish.
Daily - Oversold/Bearish.
There is uncertainty, hence no clear direction.
Best to watch out for clear trend reversal.
Fundamentals:
Watch out for Dec 13 (Fed data) - The crypto market anticipating a 50bps rate hike on December.
Noteworthy:
The trend is your friend; Identify the trend, ride the trend;
Once you get risk free, ride the trend until it end and reaches its bend.
No one ever went broke taking profits whenever the crypto market trend (direction and time) is in your favor.
Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
Let us know what you think about this subject in the comments section below.
Kindly support this idea with your like and comment, thank you.
BNXUSDT UPok guys we have an another signal for BNX/USDT
we need some volume for bnx to pump now bnx 54$ we can see 60$
if btc dump V touch sl
#ariyan1999
BinaryX at 33$ may retest upper resistance with up to 99% gainsBNX had gone down in price more than other altcoins we may say
We can see a potential here from a risk - reward perspective
Beside a falling wedge pattern and a super sold RSI we can hope from a reversal ,with bitcoin price also making a pause going down
This "bottom" was easily calculated with the FIB tool, not financial advice to buy!
Enjoy your Weekend !
About
Cyber Dragon's governance tokens, BNX token holders can participate in community governance and voting rights on major game decisions. At the same time, holding BNX tokens can also get regular airdrops of gold . Some key operations of the game require consuming BNX tokens, such as creating heroes, forging rare equipment, challenging the Cyber Dragon dungeon and some top dungeons. Ways to get BNX tokens: buying from Dex such as Pancake, Babyswap, challenging specific dungeons in the game, and participating in other Defi products of BinaryX. Most of the BNX paid by users in the game will be used to set event rewards and returned to users.
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
