$BNB/USDT 6h (Binance Futures) Ascending channel trending
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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Disclaimer
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.