basictradingtv

Binance Coin -> Massive Risk To Reward

Long
CRYPTO:BNBUSD   BNB
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure🖥️

I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!

In today's anaylsis I want to take a look at the bigger picture on Binance Coin.


After the solid break and retest in June of 2020 Binance Coin followed the crypto bullrun and pumped more than 5.000% towards the upside. With the recent -70% correction Binance Coin is forming a triangle pattern and if we see a breakout I do expect a massive pump again.

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When the market moves where, and how, and if - these are all unknown.
The only thing which you can control is your risk.

- Philip Basic Trading -

Keep the long term vision🫡

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Keep your long term vision.
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