ShawnMCR

BNB - Trade Setup (Binance Coin)

ShawnMCR Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB looks Neutral and undecided just like the other coins.
Right now that I'm posting this chart, I can feel the market is going through a little correction.
those 2 support areas can hold the price up. if you're into opening long positions, here is a setup for you.
Wait for the price to cross that resistance area and right after the closure of the first 4H candle above that line, open your long positions and aim for that TP.

I'll keep this chart updated.

Current Market Price: $312.30

Good Luck
Tell me your ideas. Like and Share
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.