$BNB/USDT 2h (Binance Futures) Descending channel break & retest

4 mar 2021

Binance Coin seems to be ending the local retracement, time to look back up in my opinion.

Current Price= 228.652
Buy Entry= 228.109 - 218.069
Take Profit= 253.327 | 304.529 | 349.700
Stop Loss= 198.869

Risk/Reward= 1:1.25 | 1:3.36 | 1:5.23
Expected Profit= +27.10% | +73.02% | +113.50%
Possible Loss= -21.72%

Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 10 days

5 mar 2021

Trade attivo

All entries filled

Binance dipped as expected and just broke out of that descending parabolic curve!
It would be nice to reach some target before weekend, let's be patient enough.

9 mar 2021

Trade chiuso: obiettivo raggiunto

TP1 reached with +27.10% (2x) and +1.25R

Binance Coin finally managed to move up, seems like it was the local bottom indeed!

11 mar 2021

Trade chiuso: obiettivo raggiunto

TP2 reached with +73.02% (2x) and +3.36R

Binance Coin broke bullish again bringing us a nice reward, last target is still valid!
Better Take some partial Profit and move Stop Loss to first entry in any case (228.109$).

5 apr 2021

Trade chiuso: obiettivo raggiunto

TP3 hit with +113.50% (2x) and +5.23R

After revisiting entry zone, Binance Coin went for all targets this time!
Congrats if you were still in or if you managed to buy back 👌🏼