Updated

BNX analysis

655
Note: The volatility of this coin is high and its volume is small, be careful.

From where we put the red arrow on the chart, it looks like the BNX correction has started.

It seems to be a diametric correction.

It can move down from the red box.

Closing a daily candle above the invalidation level will violate the analysis

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
Without hitting the invalidation level level, it dropped more than 29% and reached the target

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.