BNB Mid Term Idea
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!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.