Bitbloxx
Long

We're doing what we do best - Trade BNB ;)

BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB/USDT is finally reaching our desired accumulation zone, offering an exceptionally good risk to reward ratio at this point.

Key takeaways:

- Up-trending slope (1) has been working flawlessly since Mar '19, and we certainly expect some bounce from it at this point.

- Some of our followers may be doubtful about this trade looking at the Negative crossover between 10 & 100 EMA . We feel it's a lagging signal and the price has already reacted to it. However, we cannot rule out some resistance
at first few tests, which can be used for scalp trades.

- Testing Slope (2) looks highly possible at this point, and we would consider partial profit taking (subject to price action at the time).

- Feel free to accumulate anywhere in the support zone (marked green). Goes without saying, the lower the better.

- Stop recommended on the chart is on closing basis.


Refer to the chart for exact levels.
Comment:

Blast from the past - keep an eye on the horizontal line from this chart that we posted earlier.
Trade active: BNB looks set for a move.
Trade active: We'll just stick to the trade plan as long as its intact. KYC Hack FUD could be another opportunity to buy!
Trade active: Houston, we have a lift off.
Comment: Ready for 33-35? :)
Feel free to get in touch with us:
Twitter: https://bit.ly/2o9ItrA
Youtube: https://bit.ly/2Nh8sbE
Tradingview: https://bit.ly/2PCbed1
Ritoku Trading System by Bitbloxx (Discord): https://bit.ly/2yNFxpX

Happy Trading!
Team Bitbloxx
I agree. Bnb will go up for sure
+1 Reply
good channel
+2 Reply
I haven't seen this type of approach anywhere! i would like to learn more, do you teach? I can pay
+2 Reply
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