BINANCE COIN - SELL ZONE. BUY ZONE.
Binance Coin is shaping up very similar to all the other major coins such as Eth and Btc. We could be moving lower once more before we go in for the big buy.
The bigger picture is showing us an expanding flat correction and we're currently in the C wave.
SHORT Trade Idea:
- Watch for price to reject the fibonacci levels in our sell zone
- Enter with stops above the rejection
- Take profits around the 230-260 area
BUY Trade Idea:
- Watch for price to come to our buy zone
- Enter when you see bullish price action
- Stops below the lows
- Targets: 650, 880, actively manage the rest
Let us know your thoughts below!
The bigger picture is showing us an expanding flat correction and we're currently in the C wave.
SHORT Trade Idea:
- Watch for price to reject the fibonacci levels in our sell zone
- Enter with stops above the rejection
- Take profits around the 230-260 area
BUY Trade Idea:
- Watch for price to come to our buy zone
- Enter when you see bullish price action
- Stops below the lows
- Targets: 650, 880, actively manage the rest
Let us know your thoughts below!
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