Binance Coin At Resistance, Medium-Risk 5X SHORT—246% Potential
Binance Coin is in the same situation as Bitcoin but the chart reveals more strongly the potential for a new drop, a lower low.
Binance Coin (BNBUSDT) clearly peaked with the June 2024 fake breakout and we know that after the peak and correction comes.
The 5-August drop wasn't a real down-wave but more of a strong shakeout move. The strong recovery afterward didn't allow for the market to settle, indicating that additional bearish action is coming.
Below the full trade-numbers:
➢ SHORT BNBUSDT
Leverage: 5X
Entry levels:
1) $620
2) $590
Targets:
1) $575
2) $555
3) $525
4) $490
5) $465
6) $415
7) $385
8) $303
Stop-loss:
Adjust to your own risk tolerance
Potential profits: 246%
Capital allocation: 3%
___
Leveraged trading is for adults.
Adults are responsible for their actions.
If you win money, the money is yours.
If you lose money, the loss is yours.
I am wishing you success.
I belief, based on timing and the duration of the consolidation phase, that this is a high probability trade.
Thank you for reading.
Namaste.
Binance Coin (BNBUSDT) clearly peaked with the June 2024 fake breakout and we know that after the peak and correction comes.
The 5-August drop wasn't a real down-wave but more of a strong shakeout move. The strong recovery afterward didn't allow for the market to settle, indicating that additional bearish action is coming.
Below the full trade-numbers:
➢ SHORT BNBUSDT
Leverage: 5X
Entry levels:
1) $620
2) $590
Targets:
1) $575
2) $555
3) $525
4) $490
5) $465
6) $415
7) $385
8) $303
Stop-loss:
Adjust to your own risk tolerance
Potential profits: 246%
Capital allocation: 3%
___
Leveraged trading is for adults.
Adults are responsible for their actions.
If you win money, the money is yours.
If you lose money, the loss is yours.
I am wishing you success.
I belief, based on timing and the duration of the consolidation phase, that this is a high probability trade.
Thank you for reading.
Namaste.
Trade active
The daily timeframe reveals a clear start to a new down-move. This can be a big one.
Remember that there is always risk involved. This is not financial advice.
Maximize profits.
Reduce greed.
Reduce risk.
Maximize stability.
Play it in-between.
Not maximum leverage but not the lowest either. Halfway through.
Note
Targets:
1) $575 |Hit 23-Oct. (+18%)
2) $555 |Next target
3) $525
4) $490
5) $465
6) $415
7) $385
8) $303
Trade active
The second target has been hit.
Many more left.
Targets:
1) $575 |Hit 23-Oct. (+18%)
2) $555 |Hit 3-Nov. (+34%)
___
3) $525 |Next target (+60%)
4) $490 (+89%)
5) $465 (+110%)
6) $415 (+152%)
7) $385 (+177%)
8) $303 (+246%)
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t.me/anandatrades/971
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥💥💥 Gain LIFETIME access for a one-time-payment 👉 lamatrades.com (Since 2017)
Results:
🥇XRP +2010%
🥇ADA +2216%
🥇TOSHI +1642%
🥇AVA +536%
🥇TRUMP +300%
t.me/anandatrades/971
🏆 More: t.me/alansantana1111/5935
Results:
🥇XRP +2010%
🥇ADA +2216%
🥇TOSHI +1642%
🥇AVA +536%
🥇TRUMP +300%
t.me/anandatrades/971
🏆 More: t.me/alansantana1111/5935
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.