Binance Coin / Bitcoin
Long
Updated

BNB to enter a new cycle

551
I've been following Binance coin for a long time.Clearly it is looking for a breakout from the downtrend channel.

Targets

0.0011
0.00134
0.00162
Trade active
Reached Target 1...sell at the targets and reload at the bottom
Trade active
BNB is performing good despite the alts fall.Need to close above the blue line for further upward movement.
snapshot
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Reached Target 2..secure your profits
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Sell now...Rebuy zone 0.00125-0.00128
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Reached 3rd target..Careful now..There is high chance of retracement to the previous target..Be happy with the profits and exit at right time..greed will wipe out whatever you've gained
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support levels 0.00146
0.00134
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Looks like a reversal..Go long
snapshot
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Trendline failed to hold which is a negative signal.let us wait for the candle to close .
snapshot
Trade active
Day candle closed above the Resistance @0.00146 and also the trendline which indicates the next leg up.
snapshot
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Take a look on RSI.It clearly shows that the big move is yet to be played.
snapshot
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looks like the accumulation is over
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Trade active
Broke out and retested.Get ready for the pump
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Trade active
Reached 4th target..secure your profits.Next target is also possible.It has already gained 110% from the call..So exit the trade whenever you want.I would recommend you to keep atleast small percent of your portfolio untill coinburn
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Need to break out of this channel
snapshot
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Possible short pullback to these levels
stoploss 0.00163
snapshot

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