evasivesteering

BNX is searching for liquidity to bounce

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BINANCE:BNXUSDT   BNX / TetherUS
BNX 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
Komen:
BNX has been pumping shortly after the post.
TP1 already hit (+4%)
Dagangan aktif:
It is the first sign of a new pump.
Dagangan aktif:
BNX (almost) touched the daily trendline and is moving up.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.