Binance, BNBBTC Cup & Handle Confirmed!
Updated
Binance, BNBBTC broke out of its cup & handle pattern as you can see above. This is also at the point Binance went above the $10 mark, which is a key resistance level.
Can BNBBTC follow through?
If you want to daytrade this breakout, here our trade instructions:
Buy Area
0.0012000 - 0.0012200
If you missed the initial breakout, then don't try to chase but rather wait for a good pullback, let it cool off a bit and enter somewhere in the buy area for another leg up.
Profit Targets
1. 0.0012967
2. 0.0013760
Stop Loss:
0.0011483
Leave a comment if you have any questions.
And until next time, good luck with your trading!
Can BNBBTC follow through?
If you want to daytrade this breakout, here our trade instructions:
Buy Area
0.0012000 - 0.0012200
If you missed the initial breakout, then don't try to chase but rather wait for a good pullback, let it cool off a bit and enter somewhere in the buy area for another leg up.
Profit Targets
1. 0.0012967
2. 0.0013760
Stop Loss:
0.0011483
Leave a comment if you have any questions.
And until next time, good luck with your trading!
Trade closed: target reached
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