BNBUSDT: A Great Bet in a Bear Market
Since the market downturn in early February, they cryptocurrency market has struggled to keep the bears at bay. While other coins have seen double (possibly triple bottoms) BNB has ranged in an upward channel for the last 4 months, delivering a staggering 280% returns to anyone who bought at its yearly low.
It is currently at the lower end of it’s trend channel, with strong buying support, and we are comfortable opening a medium to long term trade on this coin .
Exchange: Binance
Term: Medium/Long
Buy between: 14.5 - 15.5
Target 1: 16.24
Target 2: 17.32
Target 3: 19.57
Target 4: 22.3
It is currently at the lower end of it’s trend channel, with strong buying support, and we are comfortable opening a medium to long term trade on this coin .
Exchange: Binance
Term: Medium/Long
Buy between: 14.5 - 15.5
Target 1: 16.24
Target 2: 17.32
Target 3: 19.57
Target 4: 22.3
Comment:
BNB has perfectly followed the trajectory we plotted almost a week ago!
BNB has perfectly followed the trajectory we plotted almost a week ago!
Comment:
Second Target Achieved!
19.4% profit so far. If you followed our telegram chat you increased your position for this signal when it pulled back to 16.
19.4% profit so far. If you followed our telegram chat you increased your position for this signal when it pulled back to 16.
First Target Achieved!
11.2% profit so far.
BNB is following our estimated trajectory. Expect a health pullback over the next few days as stochastic indicators are approaching overbought on the daily timeframe.