This is currently my biggest position in the market. Betting big on BNB's decline. Have been monitoring this pair for over a year now, and it's been stuck in this range between $200-400.
As soon as the $200 support level is broken, you can see there is no clear support until $45. That is a massive 75% gap in between both support zones.
BNB has just broken down from a bear pennant, and the first target is approximately $155 USD.
My full entry, targets and SL are listed below:
ENTRY: $235
SL: $245
Target 1: $155
Target 2: $130
Target 3: $45
Good luck and trade safe!
As soon as the $200 support level is broken, you can see there is no clear support until $45. That is a massive 75% gap in between both support zones.
BNB has just broken down from a bear pennant, and the first target is approximately $155 USD.
My full entry, targets and SL are listed below:
ENTRY: $235
SL: $245
Target 1: $155
Target 2: $130
Target 3: $45
Good luck and trade safe!
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.
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.