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🔥 BNX Regaining Strength After Massive Capitulation

Early last month I made an analysis on BNX and the fact that it was capitulating very hard. My initial target of $50 was reached fairly quickly, congratulations if you took the trade.

For now, I think that BNX is not facing an immediate capitulation risk. There's a high probability that all the selling has taken place in December and that there's little sellers left.
I'm looking at the top of the channel for a potential long-exit and/or short entry. The pattern could very well be classified as a bear-flag, so I'm cautious with calling for longs.

For now, I think that BNX is not facing an immediate capitulation risk. There's a high probability that all the selling has taken place in December and that there's little sellers left.
I'm looking at the top of the channel for a potential long-exit and/or short entry. The pattern could very well be classified as a bear-flag, so I'm cautious with calling for longs.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
相关出版物
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。