LONG position for the longer-term.
Selling 20% of position of BNTETH in the short-term.
Buyback price 0.006790
The comment "comment" is where BNTETH broke through resistance. If there are still enough buyers at that former resistance level, it can become the next support level.
The Inverted Hammer is comprised of one candle. It is easily identified by the small body with
a shadow at least two times greater than the body. Found at the bottom of a downtrend, this
shows evidence that the bulls are stepping in, but the selling is still going on. The color of the
small body is not important but the white body has more bullish indications than...
BNT is in a down trend. When is a good time to buy?
When the down trend is finished and a new up trend is forming.
But don't buy too early - wait for the trend to turn and the chart to show confirmation that the down trend is finished.
I like to use count back line analysis as a buy signal = buy on the daily charts when price closes above the height of the third...