Some time ago I made an analysis on BNX and the rising channel it was trading in. I expected the price to rise all the way to the top resistance of the channel, and then potentially reverse from it.
The top of the channel has been reached, and more! As of today, BNX has successfully broken out of the bullish channel , paving the way for more potential gains soon.
With BTC showing some short-term weakness, I prefer to keep my targets close. See blue lines.
