Buy & Hold Idea for BNB/BTC (May 2nd, 2020)
Updated
I do not believe that this needs much explanation. There is some risk here as BNB has been in a very long downtrend against BTC for quite some time, however, I believe that the FA, coupled with the TA here, makes it for a worthwhile bet. Stops can be relatively wide here IMO because BNB holds value beyond just trading it.
Not financial advice. Just learning how to chart!
Not financial advice. Just learning how to chart!
Note
The "Manual Stop" Area may be good for DCA'ing into this. I will continue to update the idea. Note
This is looking weak. Still bullish on BNBBTC so not letting go of this just yet. Note
We're in do or do around 18300. Not wanting to let this go due to strong FA but we'll see how it goes. Note
DCA'd into this for better entry and RR. Trade closed: stop reached
This setup got destroyed by the pre-halving BTC move. I'm still holding and will post a separate setup. Phew. What a rip. 
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