đź’ˇDon't miss the great buy opportunity in BNBUSD @binance
Updated
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (317.3).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 329.9
TP2= @ 337.8
TP3= @ 356.0
TP4= @ 369.3
TP5= @ 380.1
SL= Break below S2
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Trade active
39.9% profit...Total Profit: 39.9%
Closed trade(s): 18.9% Profit
Open trade(s): 21% Profit
Update Details:
Closed Profit:
TP1 @ 329.9 touched at 11.03.2022 with 2.76% Profit.
TP2 @ 337.8 touched at 11.03.2022 with 5.24% Profit.
TP3 @ 356.0 touched at 11.04.2022 with 10.9% Profit.
2.76% + 5.24% +10.9% = 18.9%
Open Profit:
Profit for one trade is 354.7(current price) - 321(open price) = 10.5%
2 trade(s) still open, therefore total profit for open trade(s) is 10.5% x 2 = 21%
All SLs moved to Break-even point.
Take Profit:
TP4= @ 369.3
TP5= @ 380.1
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