BNXUSDT - SETUP

18 ביוני 2022

BNXUSDT's price held its ground during this insane dumping and showed so much positivity during the near time. But now there are two problems: One, Price flirting with golden Fib level 0.618 continuously but got rejection at 145 $. Secondly, price did print a new HH on a closing basis. Which is a disturbing sign for the Bulls.
Although the price came out from a triangle still there is no confirmation is it a breakout or a fakeout. Wait for the better price action. Good Luck!