BNB/USDT is finally reaching our desired accumulation zone, offering an exceptionally good risk to reward ratio at this point.
Key takeaways:
- Up-trending slope (1) has been working flawlessly since Mar '19, and we certainly expect some bounce from it at this point.
- Some of our followers may be doubtful about this trade looking at the Negative crossover between 10 & 100 EMA. We feel it's a lagging signal and the price has already reacted to it. However, we cannot rule out some resistance
at first few tests, which can be used for scalp trades.
- Testing Slope (2) looks highly possible at this point, and we would consider partial profit taking (subject to price action at the time).
- Feel free to accumulate anywhere in the support zone (marked green). Goes without saying, the lower the better.
- Stop recommended on the chart is on closing basis.
Refer to the chart for exact levels.
Key takeaways:
- Up-trending slope (1) has been working flawlessly since Mar '19, and we certainly expect some bounce from it at this point.
- Some of our followers may be doubtful about this trade looking at the Negative crossover between 10 & 100 EMA. We feel it's a lagging signal and the price has already reacted to it. However, we cannot rule out some resistance
at first few tests, which can be used for scalp trades.
- Testing Slope (2) looks highly possible at this point, and we would consider partial profit taking (subject to price action at the time).
- Feel free to accumulate anywhere in the support zone (marked green). Goes without saying, the lower the better.
- Stop recommended on the chart is on closing basis.
Refer to the chart for exact levels.
Nota
Blast from the past - keep an eye on the horizontal line from this chart that we posted earlier.
Dagangan aktif
BNB looks set for a move.Dagangan aktif
We'll just stick to the trade plan as long as its intact. KYC Hack FUD could be another opportunity to buy!Dagangan aktif
Houston, we have a lift off.Nota
Ready for 33-35? :)
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.