fishsticks101
Long

BNB/BTC - 4% to 7.5% Profit Potential

BINANCE:BNBBTC   Binance Coin / Bitcoin
70 views
7
If BNB/BTC hits our Resistance line, we can expect the price to then soon hit our Target 1 line. This will lock in a modest quick 4%. If the bullish trend continues, it may then continue to rise to our Target 2 line. Therefore, I would recommend the following trade procedure:

1. Buy BNB when the price hits our Resistance line
2. Sell 50% of your BNB when the price hits our Target 1 line
3. Set a stop loss at your purchase price for your remaining BNB, in case there is a bearish reversal
4. Sell the rest of your BNB at our Target 2 line

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out