Binance Coin broke down and lost 20EMA again, road to 200MA?!
RR= 1:2.6 P= +67.64% L= -26.06%
Note
Still under 20EMA
Binance Coin is holding support so far, we may see a bounce on that ascending TL first. But a break-down would be bearish as hell and very harmful for all BSC tokens!
Trade active
Entry filled
BinanceCoin is finaly hitting entry, trying to break-out but still expecting a rejection here!
Note
Up to +29.13% from entry if we would have placed a TP1
BinanceCoin went down in September then bounced back on 100EMA support. Does not look bearish anymore, in fact it seems to be heading towards a new ATH!
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