Let's look at a short-term move based on a simple chart pattern and several classic signals. BinaryX vs Bitcoin | BNXBTC — We have a descending triangle as consolidation already breaking bullish. That's the pattern. — Rising volume. — Trading daily above EMA10 and EMA21. — Bullish RSI. — Altcoins market bullish. These are the classic signals. All these...
BNX may also start to recover after a big downfall BNX was very overpriced (since it started to grow in 2022). Although it did had a critical dump in the past... is managed to recover. I don't like to call bottoms. But this looks like a bottom to me. If you have any questions please leave a comment bellow.
Binary X is about to regain 50MA and seems ready to leg up towards 100EMA resistance. ⚡️⚡️ #BNX/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 4.9% Current Price: 0.00000856 Entry Targets: 1) 0.00000853 Take-Profit Targets: 1) 0.00001290 Stop Targets: 1) 0.00000678 Published By: @Zblaba $BNX #BNXBTC #BinaryX #BSC #P2E Risk/Reward=...
BNX/BTC technical indicators: 1/ ema12 is about to cross up ema26 => Short term up trend 2/ ema200 is going up => long term up trend 3/ MACD already cross up Signal and MACD is about to cross up zero line. 4/ RSI14 is above 50 (buyer in control) 5/ Stoch RSI fast above slow => RSI is going up Action: Buy now TP: 0.006927 (20%)