JuanGrooth

BNB/ETH Ascending Channel 280% Potential profit

Long
JuanGrooth Updated   
BINANCE:BNBETH   Binance Coin / Ethereum
BNBETH is following an ascending channel. If it keeps following it, it could hit 0.039 ETH by Jan 20th.

PLEASE NOTE: I can't ensure that this will happen, so take this advice at your own risk.
Comment:
I've changed the fibonacci levels a bit, so here is the new chart.
I will open my position when the price bounces of the bottom support line.
Comment:
The bottom has been hit and I have opened my position.
Trade active:
It broke the downtrend and it should go up from here.
Comment:
There was a sudden drop after Binance had burnt their coins and the price broke out, below the parallel channel. However, I will be holding my coins.

Mentions

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.