$BNB/USDT 6h (Binance Futures) Ascending channel trending
Updated
Binance Coin swing, wait for entry as usual and respect leverage!
Current Price= 40.894
Buy Entry= 39.520 - 38.250
Take Profit= 42.817 | 48.387 | 52.788
Stop Loss= 34.953
Risk/Reward= 1:1 | 1:2.42 | 1:3.54
Expected Profit= +10.11% | +24.44% | +35.75%
Possible Loss= -10.11%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time=360h
Current Price= 40.894
Buy Entry= 39.520 - 38.250
Take Profit= 42.817 | 48.387 | 52.788
Stop Loss= 34.953
Risk/Reward= 1:1 | 1:2.42 | 1:3.54
Expected Profit= +10.11% | +24.44% | +35.75%
Possible Loss= -10.11%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time=360h
Trade active
First entry filled and bouncedThat was about time, Binance Coin dipped as expected, it may go for the 2nd entry before really starting to move back up 🤞🏼
Trade closed: target reached
TP1 reached with +10.11% and 1RWent down for all entries then Binance Coin bounced as expected.
Then went back down again to ascending channel and 100EMA supports.
I am still positive about higher targets if it manages to stay above it, SL at 2nd entry in any case!
Note
TP2 reached with +24.44% and 2.42RBinance Coin pumped again very nicely and respected my projection so precisely!
Trade closed: target reached
TP3 reached with +35.75% and 3.54RThat's a wrap for Binance Coin, big profit without leverage, the kind I like!
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