$BNB/USDT 2D (Binance Futures) Trendline break and retest
Updated
Binance Coin has bounced from demand/support zone again, let's catch next leg-down for a swing.
Current Price= 310.56
Buy Entry = 303.28 - 267.08
Take Profit= 415.65 | 555.99 | 911.16
Stop Loss= 210.82
Risk/Reward= 1:1.75 | 1:3.64 | 1:8.42
Expected Profit= +45.75% | +94.96% | +219.50%
Possible Loss= -26.07%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months
Current Price= 310.56
Buy Entry = 303.28 - 267.08
Take Profit= 415.65 | 555.99 | 911.16
Stop Loss= 210.82
Risk/Reward= 1:1.75 | 1:3.64 | 1:8.42
Expected Profit= +45.75% | +94.96% | +219.50%
Possible Loss= -26.07%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade active
First entry filledBinance Coin dipped back letting us in, so far bouncing well!
Order cancelled
CL with -19.05% (1x) and -0.73RBinance Coin almost hit our SL, let's cancel here and take the loss before it's too late.
Note
Went back up +36.25% (1x)Same sad scenario for Binance Coin, we recommend to partially close here if you are still in!
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