BNB is currently in the middle of consolidation inside of a failing wedge. Below it's current position, BNB should find strong support ~12.05. My suggestion would be to enter around 12.05 or on a wick that goes below this support. Set a stop loss below but be mindful of wicks that could stop you out.
The result of this trade (and all of crypto for that matter) largely depends on the health of BTC which is currently in a down trend. If BTC can find some relief, I think we'll likely see BNB breakout above the failing wedge.
The result of this trade (and all of crypto for that matter) largely depends on the health of BTC which is currently in a down trend. If BTC can find some relief, I think we'll likely see BNB breakout above the failing wedge.
Dagangan ditutup: sasaran tercapai
I predicted the drop to the exact cent (12.05) and then the breakout of the wedge thereafter. Anyone who traded this would have made 20%+
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.