Bitbloxx

BNB - Buy the Dip!

Long
Bitbloxx Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
Hi, we are back with yet another BNB trade idea. We certainly believe there's room for further upside, considering the right mix between Technicals and Fundamentals (9,200 MA crossover & FETCH ICO driven demand). The logic is to buy the 9MA and 200MA, with stop placed slightly below the positive channel that was broken out of recently. Please refer to the chart for trade levels.
Trade active:
PIP perfect buying! Trade is moving in line with our expectations.
Trade active:
Target 1 down. All eyes on target 2 now :)
Trade active:
Booking partial gains is advised.
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.