Hi dear patrons, hope you are well and welcome to the new update on Binance coin.
On the daily time frame chart, the price action of BNB is completing the final leg of bullish Cypher.
Buying and sell targets:
Buy between: $232.75 to $216.16
Sell between: $245.83 to $277.21
Stop loss:
The maximum extent of the potential reversal zone $216.16 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 28%, and the loss possibility is 7.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On the daily time frame chart, the price action of BNB is completing the final leg of bullish Cypher.
Buying and sell targets:
Buy between: $232.75 to $216.16
Sell between: $245.83 to $277.21
Stop loss:
The maximum extent of the potential reversal zone $216.16 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 28%, and the loss possibility is 7.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.