BNX has been in accumulation for +36 days and just under resistance
watch for volume confirmation with breakout
entry ideas on chart
Forming a ROUNDED BOTTOM
" Rounded Bottoms ... Pay the Bills " - Mid to Long Term Hold Idea
Market Cap: 189.6M
Category: Ecosystem
Target 1: 0.842
Target 2: 0.961
Target 3: 1.256
Target 3: ...
BinaryX (BNXUSD) is one of the hottest top 100 cap this week and it hit the 181.500 level, which was the High of October 27 2022. Technically we have identified a High Volatility Zone where BNX traded sideways for 2.5 months before the FTX crash.
As you see, the rise since the FTX bottom matches almost perfectly the rise from January 24 2022 to April 01 2022 (so...