Binance coin - breaking all resistances
Hi everyone,
The price is climbing stairs, breaking all the time the resistance, converting it into support. Roughly, the average increase of each jump is about 20%, with one exception that was about 7%. There is no signal of weakness. The MACD is going down but the price is holding well above 30 USDT. Therefore, we could expect another jump. Margin trading is coming up to Binance, so it is expected that more BNB will be bought.
Buy entry: From 32.5887
TP 1: 37
TP 2: 38.8273
If you can trail profit go for 40 and above
SL: 30.4086
*Not financial advise, just sharing my ideas :)
Feel free to give your feedback/opinion. Thanks for reading!
The price is climbing stairs, breaking all the time the resistance, converting it into support. Roughly, the average increase of each jump is about 20%, with one exception that was about 7%. There is no signal of weakness. The MACD is going down but the price is holding well above 30 USDT. Therefore, we could expect another jump. Margin trading is coming up to Binance, so it is expected that more BNB will be bought.
Buy entry: From 32.5887
TP 1: 37
TP 2: 38.8273
If you can trail profit go for 40 and above
SL: 30.4086
*Not financial advise, just sharing my ideas :)
Feel free to give your feedback/opinion. Thanks for reading!
Trade closed: stop reached