BNBUSDT 5X Long with 420% profits potential

Feb 10

The main target here is $877, I don't know about higher.

What's your take, do you agree?

How far up do you see Binance Coin moving in this relief rally?

$877 sits right around the middle zone of the previous consolidation range. $919 also looks like a good level to be challenged on the way up.

What about $1,050 or $1,150, too high? Yes, I thought so.
Yet, the market is unpredictable, anything goes.

We are in uncharted territory so anything goes.

Look at the volume on this chart and also the shape and size of the correction. The market produced a perfect ABC pattern, and the volume indicator lends support to 6-February being the end of this corrective wave.

If the correction is over, what happens next?

The market turns when the sentiment hits rock bottom. The market turns when it is least expected.

Full trade-numbers:
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LONG BNBUSDT

Leverage: 5X

Potential: 420%

Allocation: 5%

Entry zone: $570 - $640

Targets:

1) $689
2) $760
3) $877
4) $972
5) $1067
6) $1150

Stop: Close weekly below $550
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Thank you for reading.

Namaste.

Feb 11

Trade active

Binance Coin is now ready for a bullish resumption based on the 6-February candle. We are set to move higher in the coming weeks. We might be looking at a prolonged bullish phase, lasting 1-2 months before any correction.

Namaste.