AlwinGoutham

BNB to enter a new cycle

Long
AlwinGoutham Updated   
BINANCE:BNBBTC   Binance Coin / Bitcoin
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.
Comment:
Reached Target 2..secure your profits
Comment:
Sell now...Rebuy zone 0.00125-0.00128
Comment:
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
Comment:
support levels 0.00146
0.00134
Comment:
Looks like a reversal..Go long
Comment:
Trendline failed to hold which is a negative signal.let us wait for the candle to close .
Trade active:
Day candle closed above the Resistance @0.00146 and also the trendline which indicates the next leg up.
Comment:
Take a look on RSI.It clearly shows that the big move is yet to be played.
Comment:
looks like the accumulation is over
Trade active:
Broke out and retested.Get ready for the pump
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
Comment:
Need to break out of this channel
Comment:
Possible short pullback to these levels
stoploss 0.00163

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