BNT hit the all time low on December 18. To mark my Reversal Strategy I see these: 1) Triangle Formation (It has tested its Support Level) 2)Previous Trendlines (It has just tested previous trendlines, we will see bearish price action before reversal) 3) EMA10 Contesting (Potentially forming a upward curve, Hint for Bullish Scenario) 4)Bullish Divergence on RSI, Momentum, MACD (A Quick Pump, will support this Bullish Divergence) 5)All Time Low (Price is already up 8% from ATL)
Price action appears to test a new All Time Low before making reversal. If the price breaks longest trendline then we have situation of Huge Profit/Ultimate Reversal.