$BNB/USDT 2D (Binance Futures) Trendline break and retest
Binance Coin has bounced from demand/support zone again, let's catch next leg-down for a swing.
Current Price= 310.56
Buy Entry = 303.28 - 267.08
Take Profit= 415.65 | 555.99 | 911.16
Stop Loss= 210.82
Risk/Reward= 1:1.75 | 1:3.64 | 1:8.42
Expected Profit= +45.75% | +94.96% | +219.50%
Possible Loss= -26.07%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months
Current Price= 310.56
Buy Entry = 303.28 - 267.08
Take Profit= 415.65 | 555.99 | 911.16
Stop Loss= 210.82
Risk/Reward= 1:1.75 | 1:3.64 | 1:8.42
Expected Profit= +45.75% | +94.96% | +219.50%
Possible Loss= -26.07%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade active:
First entry filled
Binance Coin dipped back letting us in, so far bouncing well!
Binance Coin dipped back letting us in, so far bouncing well!
Order cancelled:
CL with -19.05% (1x) and -0.73R
Binance Coin almost hit our SL, let's cancel here and take the loss before it's too late.
Binance Coin almost hit our SL, let's cancel here and take the loss before it's too late.
Same sad scenario for Binance Coin, we recommend to partially close here if you are still in!