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tumbler55
Apr 11, 2021 5:44 PM

BNB/USDT Update: We reached our target at 496$ 

Binance Coin / TetherUSBinance

Description

BNB just reached our target at 496$.
I hope you could enjoy the ride and take at least partial profit.
Since we don't have many structures to work with we close this BNB/USDT discussion here.


Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place

Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers

ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Comments
destin2008
Just like 400 was not the top 500 is not either.
I dont think CZ will ever stop pumping this coin.
tumbler55
@destin2008, That's a very general statement.
And I agree that 500 is not the top for the next 20 years.
But after a 100x move I expect short term retracement.
You don't?^^
NZ_quant
"and don't be too greedy"
This is great advice indeed. Moderate greediness is key to success. 😁
tumbler55
@nzCCV, ^^
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