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BNX Trade Idea (4H Chart)
▶️ Entry Zone: 1.45-1.49
🛑 Stop Loss: Below 1.3538 (recent low)
🎯 Take Profit 1: 1.5600 (Previous high)
🎯 Take Profit 2: 1.7500 (Estimated higher resistance)
Analysis:
Price is currently above all EMAs (7, 25, 99), indicating a potential bullish trend.
Recent price action shows a strong uptrend with a retest of the 1.3538 support level.
RSI(14) at 62.5421 is in the overbought zone, suggesting potential for a short-term correction.
MACD is positive and showing bullish divergence, indicating strengthening momentum.
24h gain of 7.78% with high volume indicates strong buying pressure.
Rationale:
The current market structure for BNX/USDT is bullish, with the price breaking above multiple resistance levels. A potential long entry can be considered after a clear pullback or consolidation, providing a better risk-reward opportunity. However, the overbought RSI suggests caution and potential profit-taking.
Caution:
The cryptocurrency market is highly volatile.
Use stop-loss orders for risk management.
Overbought conditions in the RSI might indicate a potential short-term correction.
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I had buy $NOT coin at 0.0150 now it's price is around 0.01380 so I am in loss with 3ti4$ so suggest me guys what should I have to do . May I sell this now or not?
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Free signal
$NOT
buy at
0.01397
0.01400

take profit

0.015

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I have 60$ for investment so what do you think where I have to invest $BTC $SOL $ETH
#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #HamsterKombat #BinanceTurns7

if I give you 100$ ,where you invest this?
$BTC $ETH $SOL
#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #HamsterKombat #BinanceTurns7

I have 50$ for investment so what do you guys think that where I have to invest?
$BTC $ETH $SOL