BNX - Expecting a rebound to $50 area then $58
update for the last move for BNX
after a hard dump from stop loss at support $58 to $39
now I expect a rebound to retest $50 area then $58
we need to breakout $43 first
now $39 must hold the price otherwise if BTC dumped hard the next supports are $33 - $24 - $15
Stop-loss below $39 but better to accumulate if the price dumped
Risky trade due to the market conditions
after a hard dump from stop loss at support $58 to $39
now I expect a rebound to retest $50 area then $58
we need to breakout $43 first
now $39 must hold the price otherwise if BTC dumped hard the next supports are $33 - $24 - $15
Stop-loss below $39 but better to accumulate if the price dumped
Risky trade due to the market conditions
Comment:
Previous analysis
