TradingOn

$BNB/BTC 3D (Binance Margin) Rising wedge breakdown

Short
TradingOn Updated   
BINANCE:BNBBTC   Binance Coin / Bitcoin
Binance Coin broke down and lost 20EMA again, road to 200MA?!

RR= 1:2.6
P= +67.64%
L= -26.06%
Comment:
Still under 20EMA

Binance Coin is holding support so far, we may see a bounce on that ascending TL first.
But a break-down would be bearish as hell and very harmful for all BSC tokens!

Trade active:
Entry filled

BinanceCoin is finaly hitting entry, trying to break-out but still expecting a rejection here!

Comment:
Up to +29.13% from entry if we would have placed a TP1

BinanceCoin went down in September then bounced back on 100EMA support.
Does not look bearish anymore, in fact it seems to be heading towards a new ATH!


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