Binance Coin / Bitcoin
Long
Updated

A relief pump is possibile.

337
We liquidated some BNBBTC about 30% higher, back in december. Not far off the 0.18 mark.
Nowadays BNB is a pretty risky asset, that said i foresee the potential opportunity for a scalp on W TF.

Key findings:

  • Bullish divergence on D, slight volume spike.
  • Overextended (red) TD 15 Count on W.
  • Slight bullish divergence on RSI/W.
  • Close to FIB 0.382.
  • Close to falling wedge Apex.


Early notice, Decent R:R here.

That's a high risk trade given D is still mixed and a further slump to 0.10 cannot be excluded for the time being.
So handle with care, DYOR.
Note
Lots bought at 0.01209
Note
Let's see.

snapshot

On LTF MACD looks about to reverse.
We may have a trap unfolding here.
Note
Will buy more if it pushes lower.
Otherwise i'll simply wait.
Note
CFTC hurts.

Anyway, let's see.

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