Binance Coin / TetherUS
Long
Updated

more room to run

660
no question BNB has been a bull this season, and i don't think the party is over.

i'm seeing a major bullish channel, and price seems to be sticking to fib levels nicely. 0.718 fib level looks to have flipped from resistance to support. i don't like buying tops, so i'm going to wait for a bounce off the .718 level for my entry (≈$450). if the train leaves without me, so be it. top of the channel seems like a reasonable target given the trend, though i'll probably take some profit around ATH (≈$630) to be safe.
Trade active
hit the $450 entry EXACTLY. that doesn't happen every day, but gotta love when it does! i expect price to consolidate a bit further before the next move, but you never know.
Note
looking good. a lot of resistance here. let's see if she can break through. taking a small profit here just in case.

snapshot
Note
we're on our way

snapshot
Note
rethinking targets a bit. i think the .5 level in the channel looks like a pretty good bet.

high probability targets

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