BNX price movement projection / (Pay attention to the details)
Updated
BNXUSDT BNXUSDT Hello Traders
Until end of this week, BNX can give us two possible good positions in two sides.
Short movement:
- Price needs to retest lower supports to gain the stability for an upward pullback to near 1.65.
- So with a SL near the nearest important resistance in 1.4968, you can open a short position with a near target of 1.28-1.18
- and a far optimistic target near 1.05
Long movement:
- After price stabilized and gain volume between 1.1618 - 1.3474, only if nothing outside the box (Like start of a war😟 or anything else)happens to the market, BNX can retest resistance near 1.48-1.5 and after that start a movement to near 1.65 level.
The timing for the positions on the chart are not precise.
Pay attention to VRVP closely.
Trade closed: target reached
Short setup📉 is on fire. after stabilization of the price, Prepare yourself for long scenario.📈
Comment
Short Target achieved completely. ✅🎯
Wait for the Long Setup ...
Follow for more updates.
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