TradingOn

$BNB/USDT 6h (Binance Futures) Ascending channel trending

Long
TradingOn Updated   
BINANCE:BNBUSDT.P   Binance Coin / TetherUS PERPETUAL CONTRACT
Binance Coin swing, wait for entry as usual and respect leverage!

Current Price= 40.894
Buy Entry= 39.520 - 38.250
Take Profit= 42.817 | 48.387 | 52.788
Stop Loss= 34.953

Risk/Reward= 1:1 | 1:2.42 | 1:3.54
Expected Profit= +10.11% | +24.44% | +35.75%
Possible Loss= -10.11%

Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time=360h
Trade active:
First entry filled and bounced

That was about time, Binance Coin dipped as expected, it may go for the 2nd entry before really starting to move back up 🤞🏼

Trade closed: target reached:
TP1 reached with +10.11% and 1R

Went down for all entries then Binance Coin bounced as expected.
Then went back down again to ascending channel and 100EMA supports.
I am still positive about higher targets if it manages to stay above it, SL at 2nd entry in any case!

Comment:
TP2 reached with +24.44% and 2.42R

Binance Coin pumped again very nicely and respected my projection so precisely!

Trade closed: target reached:
TP3 reached with +35.75% and 3.54R

That's a wrap for Binance Coin, big profit without leverage, the kind I like!


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