Over the past two days, we’ve observed strong bullish momentum across most cryptocurrencies, with the exception of Binance Coin (BNB). However, BNB appears to be gearing up for a potential bullish breakout this week.
My current outlook for BNB includes:
Target Price (TP): Above 730 (TP2 - 765)
Stop Loss (SL): 694–697
What do you think? Do you have any suggestions or insights to share? Let’s discuss your ideas!
Trade active
Even though the price isn’t rising as quickly as I’d hoped, it still appears bullish. I expect to reach the take-profit (TP) level before the market opens—though there’s a chance of hitting the stop-loss (SL) as well.
Trade closed: target reached
Closing the trade at 734.3. Congrats!!! Excellent trade!!!
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.