Binance Coin (BNB/BTC) cryptoden.io

If you've been holding, I would suggest to start scaling out now.

I am not predicting the exact path, many coins hit this 4.236 fib level extended from the initial volume spike and impulse move.

A second high and RSI divergence

Then a giant engulfing candle.

Comment:

No it is not going to zero, we will SCALE OUT and re-enter. MONEY MANAGEMENT is far more important than TECHNICAL ANALYSIS.

:)

Trade closed manually:

Target HIT

SOLD IT ALL

Comment:

under-estimated the top but we can enter 20% cheaper than sale price now. However, most alt coins are down-trending against BTC and we are still holding BTC acquired in the $3400-$4400 range.