Buy & Hold Idea for BNB/BTC (May 2nd, 2020)

Diupdate
I do not believe that this needs much explanation. There is some risk here as BNB has been in a very long downtrend against BTC for quite some time, however, I believe that the FA, coupled with the TA here, makes it for a worthwhile bet. Stops can be relatively wide here IMO because BNB holds value beyond just trading it.

Not financial advice. Just learning how to chart!
Catatan
The "Manual Stop" Area may be good for DCA'ing into this. I will continue to update the idea. cuplikan
Catatan
This is looking weak. Still bullish on BNBBTC so not letting go of this just yet. cuplikan
Catatan
We're in do or do around 18300. Not wanting to let this go due to strong FA but we'll see how it goes. cuplikan
Catatan
DCA'd into this for better entry and RR. cuplikan
Trading ditutup: stop tercapai
This setup got destroyed by the pre-halving BTC move. I'm still holding and will post a separate setup. Phew. What a rip. cuplikan
Beyond Technical AnalysisBNBBNBBTCChart PatternsTechnical Indicators

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