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

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

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.

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!

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$).

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 👌🏼