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š„ 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.
šÆOfficial Channel: t.me/FieryTradingChannel
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
šÆOfficial Channel: t.me/FieryTradingChannel
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.