I am taking a risky long position in the NFP coin. To reduce the risk, it would be better to wait for a retest or a possible reaction from the 4h ema ribbon. What I write here serves as a note to myself. Does not include investment advice.
As in my previous analysis, BNX came to the red selling area, lingered a little there, and started to fall. I changed the previous selling zone from red to orange because it hasn't turned into support yet, but it can't be said to be resistance either. It will be understood in time. I entered short from the red area, if there is a short entry at those levels, it...