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weslad
Oct 8, 2019 12:01 PM

BNBUSDT Trade idea Long

Binance Coin / TetherUSBinance

Description

Spotted potential Descending triangle pattern with price moving down in a mini downtrend channel which break down and we are waiting for a re-test on the channel body before the next leg down to test out our proposed accumulation zone.

Looking closely on the previous trading pattern it shows whenever it touch those trendline price always resulted in serious bounce which usually yield good profit.

Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.

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Trade active

We can play long in this manner.

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Going as expected

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Going smoothly

Comments
mckiyak42
I think bottom trend line is wrong.When i done it in 1 days price should down to about 8 dollar
cyatophilum
Good job.
Here is a BNB/BTC analysis
Yuriy_Bishko
i like it
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